FOR IMMEDIATE RELEASE: August 15, 2007
CANYON RESPONDS TO RECENT SHARE PRICE DECLINE
GOLDEN, CO – Canyon Resources Corporation (AMEX:CAU), a Colorado-based mining company, responds to the recent decline in its share price.
The Company states that it is not aware of any negative developments to account for the recent decline and huge volume in the past two days of trading. In the Company’s second quarter conference call yesterday, the President and CEO had only positive remarks in regard to the ongoing work at its Briggs Mine and the Reward Project. James Hesketh, President and CEO, stated during the call that the future for Canyon is strong. He believes that Canyon is building a solid foundation for future growth and shareholder value.
The conference call held August 14, 2007, is available for replay through midnight, August 16, 2007, and can be accessed by calling: 800-642-1687 or 706-645-9291, Conference ID: 12665227.
FOR FURTHER INFORMATION, CONTACT:
James Hesketh, President and CEO (303)278-8464
Valerie Kimball, Investor Relations (303) 278-8464
www.canyonresources.com
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Canyon Resources Corp.
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CODE : CAU |
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ISIN : US1388693004 |
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CUSIP : 21749N 10 1 |
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Canyon Res. is a producing company based in United states of america. Canyon Res. is listed in Germany and in United States of America. Its market capitalisation is US$ 60.7 millions as of today (€ 38.7 millions). Its stock quote reached its lowest recent point on December 31, 1999 at US$ 0.12, and its highest recent level on December 31, 2004 at US$ 5.36. Canyon Res. has 144 540 000 shares outstanding. |