DGAP-News: AsiaPac Capital Services Reports Small Scale Mining to Begin at Toledo Coal Prospect
(firmenpresse) - DGAP-News: Asiapac Capital Services Inc. / Key word(s): Miscellaneous
AsiaPac Capital Services Reports Small Scale Mining to Begin at Toledo
Coal Prospect
01.08.2011 / 11:59
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AsiaPac Capital Services Reports Small Scale Mining to Begin at Toledo Coal
Prospect
Toronto, Canada - (For immediate release) - August 1, 2011
AsiaPac Capital Services Ltd.: Deutsche Börse symbol: 5AP.
(www.asiapaccapital.ca), through its wholly owned subsidiary; Asiapac
Minerals Co. Ltd., announced today that a small scale mining permit has
been issued to begin mining coal at the Core 8 Mining Corporation site at
Toledo City in the Province of Cebu. This is the first step in bringing
the mine site into full production, and will allow the Company to begin
generating revenue from the site. The Company will also continue its longer
term exploration and development efforts.
AsiaPac has a 20% minority interest in Core 8 Mining Corporation.
Disclaimer&Safe Harbor Statement:
This release may contain certain 'forward-looking statements' with respect
to certain of AsiaPac Capital Services Ltd.'s plans, goals and expectations
regarding its future financial condition, performance, results, strategy
and objectives. Words such as 'anticipates', 'expects', 'intends', 'plans',
'believes', 'seeks', 'estimates', 'may', 'could', 'would', 'might', 'will'
and variations of these words or similar expressions are intended to
identify forward-looking statements. In addition, any statements that refer
to expectations, beliefs, plans, projections, objections, performance or
other characterizations of future events or circumstances, including any
underlying assumptions, are forward-looking statements. Forward-looking
statements in this press release are not promises or guarantees of future
performance and are subject to risks and uncertainties that could cause
AsiaPac Capital Services Ltd.'s actual results to differ materially from
those anticipated. AsiaPac Capital Services Ltd. cautions the reader not to
place undue reliance upon any such forward-looking statements. These
forward-looking statements involve known and unknown risks as well as
uncertainties, including those discussed herein as well as the following:
(i) domestic and global economic and business conditions; (ii) market
related risks and the performance of financial markets generally; (iii) the
policies and actions of regulatory authorities; (iv) the impact of
competitive factors; (v) risks and uncertainties associated with future
acquisitions or combinations within relevant industries; and (vi) changes
in capital, solvency or accounting standards as well as tax and other
relevant legislation or regulations in the jurisdictions in which AsiaPac
Capital Services Ltd. operates. The actual results that AsiaPac Capital
Services Ltd. achieves may differ materially from any forward-looking
statements which are based on management's beliefs and opinions at the time
the statements are made. AsiaPac Capital Services Ltd. does not undertake
any obligation to update forward-looking statements should circumstances or
management's beliefs or opinions change.
For further information please contact:
AsiaPac Capital Services Ltd.
Suite 3500
Hudson Bay Center
No. 2 Bloor Street East
Toronto ON
M4W 1A8
Email: info(at)asiapaccapital.ca
investor(at)asiapaccapital.ca
End of Corporate News
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01.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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133878 01.08.2011
Bereitgestellt von Benutzer: EquityStory
Datum: 01.08.2011 - 11:59 Uhr
Sprache: Deutsch
News-ID 40055
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Kategorie:
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