DGAP-News: Lucky Punch Signs Letter of Intent

DGAP-News: Lucky Punch Signs Letter of Intent

ID: 34556

(firmenpresse) - DGAP-News: Lucky Punch Inc. / Key word(s): Letter of Intent
Lucky Punch Signs Letter of Intent

06.07.2011 / 23:56

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Lucky Punch singns Letter of Intent

LIMA/PERU. A binding letter of intent over the acquisition of three salt
mines was signed by Lucky Punch Mining Ltda. as quoted by it's publicly
traded holding company Lucky Punch Inc. on Tuesday. The purchase of the
properties is planned for October 2011, given a successful closing of the
deal. It was agreed upon to maintain silence over details of the
transaction. Lucky Punch Inc. is looking forward to becoming one the
leading explorer and producer of lithium world-wide as well as expanding
its production volume of lithium-ion and lithium-polymer accumulators
through it's latest acquisition.

Lucky Punch Inc. explores lithium deposits, produces the raw material and
sells lithium-ion and lithium-polymer accumulators, manufactured in own
production in China.

Mr. Hugo Pinto, managing director of Lucky Punch Mining Ltda. and CFO of
Lucky Punch Inc. expressed himself very confident over the current
development:

'After anouncing the acquisition of the salt mines in the middle of June,
we are now very satisfied to be able to concretize the purchase. I am very
positive on being able to conduct the acquisition as planned and making the
company even more competitive and profitable for 2012.

Lucky Punch Inc. is a Canadian Explorer with it's focus in lithium and
rare-earth metals. The company is publicly traded at Frankfurt's Open
Market under stock symbol ULP.

For further information please contact:
Kevin Bergman (public relations)
Tel.: +1 403 774 73 20
Fax: +1 403 774 73 20
info(at)luckypunch.ca
www.luckypunch.ca



End of Corporate News





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06.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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131166 06.07.2011

Unternehmensinformation / Kurzprofil:
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Bereitgestellt von Benutzer: EquityStory
Datum: 06.07.2011 - 23:56 Uhr
Sprache: Deutsch
News-ID 34556
Anzahl Zeichen: 0

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