Equitable Mining Corp. Finalizing Joint Venture Financing
09 June 2006 - 10:00PM
PR Newswire (US)
TORONTO, June 9 /PRNewswire-FirstCall/ -- Equitable Mining Corp.
(Trading as symbol EQBM.PK & E5W.F Frankfurt) intends to
finalize its joint venture financing in Switzerland next week. "Our
CEO will be travelling to Zurich, Switzerland for a series of
presentations to Swiss banks and brokers," said Jim Adams, company
Director. In Switzerland, most major Swiss banks act as prime
brokers on the Frankfurt Exchange. In additional news, Equitable
Mining Corp. has been told by Chinese government officials that its
precious metals mining project in Dalian meets its environmental
standards as it is non-intrusive and will not contribute any
pollutants. The mining project extracts precious metals from
existing mining tailings. At this point in time, the company
reports that all of its projects in China, Ontario and South
America are on track and it is waiting for final due diligence
documents. About Equitable Mining Corporation (Pink Sheets: EQBM
and Frankfurt Exchange: E5W) Equitable Mining Corporation is a
rapidly expanding company focused on acquiring, exploring,
developing and extracting mineral rights worldwide. Projects
include the Bonanza Property in Canada's high-yield Red Lake Gold
Camp, an acquisition in progress in Colombia, a memorandum of
understanding for a precious metals mine in China, and ongoing
acquisition programs in mineral-rich areas of North America, South
America and Australasia. The company is leveraging its deep
industry expertise and extensive contacts to recruit mining
industry veterans and expand its search for quality gold and other
precious metals-bearing properties in the Americas and Australasia.
For more information visit
http://www.equitablelifeinvestments.com/. Safe Harbor Certain
statements above constitute forward-looking statements with respect
to MEM Financial Solutions and affiliated companies. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the companies to be materially
different from any further results, performance or achievements
expressed or implied by such forward-looking statements.
DATASOURCE: Equitable Mining Corp. CONTACT: Equitable Mining
Corporation, Jim Adams, Director, Tel (416) 410-3995, Fax (416)
784-1529, , http://www.equitablelifeinvestments.com/
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