Copper Mountain Commences Trading on the TSX Exchange
Posted on: Thursday, 18 September 2008, 15:00 CDT
VANCOUVER, Sept. 18 /PRNewswire-FirstCall/ -- Copper Mountain Mining Corporation ("CMMC" or the "Company) is pleased to announce that it has received final approval for the listing on the Toronto Stock Exchange ("TSX") of the Company's common shares (the "Shares") and the Company's common share purchase warrants (the "Warrants") that currently trade on the TSX Venture Exchange. The Company's Shares and Warrants will be listed and commence trading on Toronto Stock Exchange at the opening on September 19, 2008, under the symbol "CUM" and "CUM.WT".
Mr. O'Rourke, Chief Executive Officer of Copper Mountain stated: "we are pleased with the graduation to the senior stock exchange in Canada as we advance our copper project towards the production target by the end of 2010".
As a result of this graduation, there will be no further trading under the symbol "CUM" and "CUM.WT" on TSX Venture Exchange after market close on September 18, 2008, and the Company's Shares and Warrants will trade on the TSX Exchange rather than the TSX Venture Exchange.
About Copper Mountain Mining Corporation:
CMMC is a BC resource company that owns 100% of the Copper Mountain Project located 15 km south of the town of Princeton in southern British Columbia. The Company recently completed an independent feasibility study that confirmed the economic viability of bringing back into production a conventional open pit mine with a 35,000 tonnes per day mill. The mine, a former producer, with a Measured and Indicated Mineral Resource of 260.2 million tons averaging 0.357% Cu containing 1.8 billion lb copper (see press release July 28, 2008) is designed to produce approximately 100 million pounds of copper per year in a copper concentrate with gold and silver credits by the end of 2010. A copy of the Independent 43-101 Technical Report pertaining to the interim resource estimate and a video presentation on the Copper Mountain Project may be found on the company's website. Copper Mountain Mining Corporation's shares currently trade on the TSX Venture Exchange under the symbol CUM and additional information is available on the Company's web site at http://www.cumtn.com/.
On behalf of the Board of COPPER MOUNTAIN MINING CORPORATION "Rod Shier" Rod Shier Chief Financial Officer
Note: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents, filed by the Company on SEDAR at http://www.sedar.com/, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements.
Copper Mountain Mining Corporation
CONTACT: Contact Don Graham, Director, Investor Relations, (604)682-2992 ext. 224 for further information. Or B&D Capital (604) 685-6465
Source: PRNewswire-FirstCall
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