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Equitable Mining Establishes International Acquisition Team Monday December 12, 7:00 am ET
TORONTO, Dec. 12 /PRNewswire-FirstCall/ - Equitable Mining Corp. is expanding its search for quality gold properties by establishing an international acquisition team based in Australia and headed by mining professional Wayne Reid. ADVERTISEMENT
"We are going to build on the quality properties we already own," said Mr. Reid, a director of Equitable Mining Corp. "There are considerable gold mining opportunities - particularly in Asia, Australasia and the island nations in between."
Mr. Reid has extensive mining and general business experience in Australasia and around the world. A holder of the Order of the British Empire and a director on numerous international companies, Mr. Reid will be putting his extensive contacts and knowledge to work in identifying and acquiring quality gold bearing properties.
"Our goal is to build shareholder value and develop a long term supply of gold," said Mr. Reid. The demand for gold continues to grow as reported in numerous publications such as resourceinvestor.com.
Equitable Mining Corp. has already acquired significant gold properties in Canada's Red Lake district where companies such as Gold Corp and Barrick have been purchasing stakes in properties adjacent to Equitable's property.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.
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