AWARENESS?????? HOW ABOUT SOME GD PRODUCTION REPORTS???????
MARTIN
Tuesday June 23, 10:14 am Eastern Time
Company Press Release
Brush Creek Retains M.H. Meyerson & Co., Inc. as Investment Banker
GRASS VALLEY, Calif.--(BUSINESS WIRE)--June 23, 1998--Brush Creek Mining and Development Co., Inc. (NASDAQ:BCMD - news; the Company)
today announced that it entered into an investment banking agreement with M.H. Meyerson & Co., Inc. (NASDAQ:MHMY - news). The agreement calls for Meyerson to receive warrants from the Company. The Company, which is located in Grass Valley, California, controls nine historic mines in the Allegheny-Downieville Gold District of Northern California, and has recently taken an option on the Iron Mountain Mine, a massive sulphide deposit near Redding, California with proven reserves of 241,000 tons of copper, 323,000 tons of zinc, 542,000 ounces of gold and 18,000,000 ounces of silver.
M.H. Meyerson & Co., Inc. is a securities firm that has operations in Wholesale Trading, Correspondent Services, Retail Services, Investment Banking, Institutional Sales, Syndicate and Fixed Income. The Company also underwrites or co-underwrites initial public offerings and private placements of equity securities.
James S. Chapin, CEO and Chairman of the Board of Brush Creek, stated, ''Brush Creek is pleased to be associated with M.H. Meyerson. We believe that they will, among other things, raise awareness in the financial community of the Brush Creek investment opportunity.''
M.H. Meyerson & Co., Inc. is a market maker and may take long or short positions in the stock.
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