Attention Business Editors:
Alturas commences trading on the Lima Stock Exchange
TSXV:ALT
TORONTO, June 30 /CNW/ - Alturas Minerals Corp. (the "Company")
(TSX-V: ALT) is pleased to announce that the Company's common shares have been
listed and commenced trading on the Bolsa de Valores de Lima (Lima Stock
Exchange) ("BVL") on June 25, 2008. Alturas's listing on the BVL is being
sponsored by Credibolsa, Peru's largest brokerage firm and the trading arm of
Banco de Credito, Peru's largest bank. The listing, in conjunction with the
existing TSX-V quote of the Company's shares, is expected to provide
additional demand for and liquidity in the Company's shares.
Miguel Cardozo, President & CEO, commented "Alturas has reached an
important milestone with the listing of the company on Peru's BVL, one of the
world's best performing stock exchanges in 2007. Mining shares make up
approximately 70% percent of the exchange listings and the sector returned
34.5% percent on investments in 2007, measured in US Dollars. The success of
the BVL reflects the outstanding performance of Peru's strongly
mining-oriented economy, which achieved a growth rate of 9% in 2007 and is
expected to maintain a similar economic development in the foreseeable future.
Local investors in this emerging regional economic power now have the
opportunity to participate in this growth as new shareholders in Alturas".
About Alturas Minerals Corp.
Alturas is a Canadian corporation, and is the parent of Alturas Minerals
S.A. ("Alturas Peru"). Alturas Peru has been actively exploring various
mineral projects in Peru since January 2004. The principal assets of Alturas
are four mineral exploration projects located in southern Peru, being the
Huilacollo Gold Project, the Banos del Indio Gold Project, the Utupara
Copper-Gold Project and the Huajoto Gold-Silver-Zinc Project. In addition,
Alturas Peru has interests in eight other exploration projects in Peru.
Alturas' exploration strategy is focused on the discovery of large epithermal
gold mineralized deposits and copper-gold porphyry/skarn deposits. For further
information, please visit the Company's website at www.alturasminerals.com.
Should you wish to receive Company news via email, please email
contact@alturasminerals.com and specify "Alturas News" in the subject
line
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
Cautionary Language and Forward-Looking Statements
This press release may contain "forward-looking statements", which are
subject to various risks and uncertainties that could cause actual results and
future events to differ materially from those expressed or implied by such
statements. Investors are cautioned that such statements are not guarantees of
future performance and results. Risks and uncertainties about the Company's
business are more fully discussed in the Company's disclosure documents filed
from time to time with the Canadian securities authorities
For further information: Miguel Cardozo, President & Chief Executive Officer,
Alturas Minerals Corp., Suite 820, 330 Bay Street, Toronto, Ontario, M5H 2S8,
Phone: (416) 366-5555 (Toronto), +51-1-475-1700 (Peru), Email:
mcardozo@alturasminerals.com
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Alturas Minerals Corp.
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EXPLORATION STAGE |
CODE : ALT.V |
ISIN : CA0221431012 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Alturas Min. is a silver and gold exploration company based in Peru. Alturas Min. holds various exploration projects in Canada and in Peru. Its main exploration properties are LA CORINA in Chile, HUAJOTO and BANOS DEL INDIO in Peru and DUFFELL LAKE in Canada. |