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Re: News Release - Monday, May 10, 2010
Gold-Ore Lists on TSX Senior Board
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Gold--Ore Resources Ltd. (the "Company") is pleased to announce that it
has received conditional approval to list its shares for trading on the
Toronto Stock Exchange senior board. Shares are expected to begin
trading by the end of the second quarter.
Gold-Ore's Chairman & CEO, Glen Dickson, stated, "At Gold-Ore, we see
our graduation to the senior board of the Toronto Stock Exchange as
recognition of Gold-Ore maturing from a junior exploration company to a
gold producer. We now have a well developed underground and open-pit
mine at Bjorkdal that we were able to acquire and develop with minimal
equity dilution and no debt. The Company is now positioned to
strengthen the cash flow generated by Bjorkdal through cost cutting and
grade control initiatives. At the same time we will continue to place a
strong emphasis on exploring the highly prospective region around the
mine and continue to evaluate other corporate opportunities."
About Gold-Ore
Gold-Ore Resources is a gold mining and exploration company currently
focused in the Skelleftea mining district in northern Sweden. The
Company's primary asset is the Bjorkdal Mine, which is cash flow
positive, debt-free and unhedged. In addition to Bjorkdal, the Company
also has other assets in the district including the mineral rights to
57 square kilometres around the mine site, as well as the Norrliden
Polymetallic Deposit.
For more information please contact Glen Dickson, Bob Wasylyshyn or Ron
Ewing at (604) 687-8884. Bjorkdal property information is posted on the
Company's web site at www.goldore.ca
ON BEHALF OF THE BOARD
Glen Dickson
Chairman
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. This news
release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work
programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements
address future events and conditions and therefore, involve inherent
risks and uncertainties. Actual results may differ materially from
those currently anticipated in such statements.
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Copyright (c) 2010 GOLD ORE RESOURCES LTD. (GOZ) All rights reserved.
For more information visit our website at
http://www.goldoreresources.com/ or send
mailto:info@goldoreresources.com
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VanEck Vectors Global Alternative Energy ETF
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PRODUCTEUR |
CODE : GOZ.TO |
ISIN : CA3809811001 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Gold-Ore Res. est une société de production minière d'or basée au Canada. Gold-Ore Res. est en développement de projets d'or, d'argent, de cuivre, de plomb et de zinc en Suede, et détient divers projets d'exploration en Suede. Son principal projet en production est BJÖRKDAL en Suede, son principal projet en développement est NORRLIDEN en Suede et ses principaux projets en exploration sont VALLBERGET et RONNBERGET en Suede. Gold-Ore Res. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 38,4 millions (37,4 millions US$, 28,4 millions €). La valeur de son action a atteint son plus bas niveau récent le 23 novembre 2001 à 0,04 , et son plus haut niveau récent le 31 décembre 2010 à 1,14 . Gold-Ore Res. possède 47 442 200 actions en circulation. |