Crosshair to Commence Trading on The Toronto Stock Exchange
2008年5月10日 - 12:26AM
Marketwired
VANCOUVER, BRITISH COLUMBIA (AMEX: CXZ) is pleased to announce
that its common shares and warrants have been approved for listing
and will begin trading on The Toronto Stock Exchange Monday, May
12, 2008. Crosshair's common shares will continue to trade under
the symbol "CXX" and its warrants under the symbol "CXX.WT". Its
common shares and warrants will no longer trade on the TSX Venture
Exchange.
"Crosshair's graduation to the TSX represents an important
milestone in the company's growth", says Mark Morabito, CEO of
Crosshair. "This listing will enhance Crosshair's visibility and
provide access to a larger shareholder base."
Paul Hosford, President and COO also states, "The successful
listing on the TSX recognizes the maturity of our Central Mineral
Belt Uranium Project in Central Labrador."
About Crosshair
Crosshair is a dominant player in the exploration for uranium in
the Central Mineral Belt of Labrador-Canada's most promising
emerging uranium district. The 720 sq km CMB Uranium Project is
host to potentially three types of uranium mineralization - Iron
Oxide Copper Gold (IOCG - Olympic Dam), structurally
controlled/shear zone and unconformity types of mineralization.
For more information on the Company and its properties, please
visit the website at www.crosshairexploration.com.
ON BEHALF OF THE BOARD
Jay Sujir, Chairman of the Board
Cautionary Note Regarding Forward-Looking Information
Information set forth in this news release may involve
forward-looking statements. Forward-looking statements are
statements that relate to future, not past, events. In this
context, forward-looking statements often address a company's
expected future business and financial performance, and often
contain words such as "anticipate", "believe", "plan", "estimate",
"expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other
similar expressions. By their nature, forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or
other future events, to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include, among others, the
following risks: the risks associated with outstanding litigation,
if any; risks associated with project development; the need for
additional financing; operational risks associated with mining and
mineral processing; fluctuations in uranium, gold and other
commodity prices; title matters; environmental liability claims and
insurance; reliance on key personnel; the potential for conflicts
of interest among certain officers, directors or promoters with
certain other projects; the absence of dividends; competition;
dilution; the volatility of our common share price and volume; and
tax consequences to U.S. Shareholders. Forward-looking statements
are made based on management's beliefs, estimates and opinions on
the date that statements are made and the Company undertakes no
obligation to update forward-looking statements if these beliefs,
estimates and opinions or other circumstances should change.
Investors are cautioned against attributing undue certainty to
forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of the content of this News Release.
Contacts: Crosshair Exploration & Mining Corp. - Vancouver
Dan McIntyre (604) 681-8030 (604) 681-8039 (FAX) Email:
dan@crosshairexploration.com Website:
www.crosshairexploration.com
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