ABV Gold, Inc. Hires TsNIGRI to Review and Evaluate Potential Merger With Leading Russian Gold and Silver Mining Corporation
Posted on: Tuesday, 8 January 2008, 09:00 CST
ABV Gold, Inc. (PINKSHEETS: ABVG) (FRANKFURT: AB8), a gold and other precious metals mining company, announced today that it has hired TsNIGRI, a renowned Russian geological and engineering firm to review and evaluate a potential merger with a leading gold and silver mine in the Russian Federation.
According to the company, the potential merger is very significant to the company and requires an independent review and valuation in order to verify the proven reserves and economic viability of the operation for the long term.
"We are very enthusiastic about working with such a prominent organization in Russia. TsNIGRI has been at the center of a large number of large international transactions. If this review and valuation results in the expected positive findings and a major transaction is concluded, ABV Gold will automatically become a major player in the gold and silver mining sector," said Daniel Ryan, President of ABV Gold, Inc. "We are at the forefront of a new economic revolution in the Russian Federation, where most companies seek to go public as a way to access capital markets. ABV Gold, Inc. is a small public company and is a vehicle for companies wanting to maximize the asset value of their large mining assets located in the Russian Federation," further added Mr.Ryan.
About ABV Gold
ABV Gold is a publicly traded, junior mining-exploration company headquartered in Montreal, Canada. The company pursues the acquisition and development of mining properties known to contain significant mineral assets, principally uranium and or gold. For additional information, please visit the corporate website at www.abvgoldinc.com.
Contact: Daniel Ryan President dryan@abvgoldinc.com 1-514-448-2193 Dale Baeten dale@midweststockconsultingllc.com 1-920-418-0153
SOURCE: ABV Gold
Source: MARKET WIRE
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