DGAP-News: Pembleton Minerals Acquired Sikafo Gold Mines,LTD
(firmenpresse) - DGAP-News: Hutchison Minerals Company Ltd. / Key word(s): Acquisition
Pembleton Minerals Acquired Sikafo Gold Mines,LTD
17.12.2011 / 18:01
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Orlando, Florida, USA - For Immediate Release - December 17, 2011
Pembleton Minerals and Metallugical Co. Ltd. (Pembleton): Deutsche Börse
symbol: 7PBN, announces it has acquired Sikafo Gold Mines,LTD (Sikafo) in
an all stock transaction.
Pembleton has signed an agreement to acquire 100 percent of the outstanding
shares of Sikafo Gold Mines,LTD of Ghana. Sikafo is developing two
properties in Ghana, their 9.6 square kilometre Marantha property, referred
to as Anwona Concession and the Ofin River Range Concession in Ghana, West
Africa.
An independent valuation has been provided to Pembleton which identifies a
alluvial valuation of 114 million euros for Sikafo, based on a discounted
basis, using a price of $ 1,500.00 US dollars per ounce of gold. This does
not include the potential hard rock gold bearing minerals. For full details
visit www.sikafo.com.
About Pembleton
Pembleton Minerals is a Mineral company active in the exploration and
development of natural resources, and more specifically, development of
gold, silver and coal mining. It operates worldwide with a specific
interest in acquiring high output bearing properties.
About Sikafo Gold Mines,LTD
Sikafo Gold Mines, LTD is a gold producing company led by a proven and
successful management team. The company's projects are located in Ghana,
West Africa and range from alluvial production to advanced exploration of
hard rock. Unlike most Junior Miners, Sikafo commences production of
Alluvial gold within months while conducting testing for hard rock deposits
within its properties. This 'new-model' production strategy puts Sikafo on
course to independence and capital growth while it is developing the
project towards the Bankable Feasibility Stage.
Disclaimer&Safe Harbor Statement:
This release may contain certain 'forward-looking statements' with respect
to certain of Pembleton Minerals and Metallugical Co. 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 Pembleton Minerals and
Metallugical Co. Ltd.'s actual results to differ materially from those
anticipated. Pembleton Minerals and Metallugical Co. 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 policiesand 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
Pembleton Minerals and Matallugical Co. Ltd. operates. The actual results
that Pembleton Minerals and Metallugical Co. 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.
Pembleton Minerals and Metallugical Co. 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:
Pembleton Minerals and Metallugical Company Ltd.
1037 28th Street,
Orlando, Florida
USA
32805
001(407) 447 1432
End of Corporate News
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150164 17.12.2011
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Datum: 17.12.2011 - 18:01 Uhr
Sprache: Deutsch
News-ID 98085
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Kategorie:
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