Millennia Resources AG quoted on the Open Market
26/02/2008 - Millennia Resources AG is pleased to announce that its shares were listed successfully on the Frankfurt Stock Exchange Open Market today. The company will address transparency towards investors through its policy of open communication. 886 Weltpapierhandelsbank AG was the listing partner for this IPO.
Concerning Millennia Resources AG:
Millennia Resources AG is a Swiss holding company which owns 100% of its Canadian subsidiary, Uranium Ventures Corp. The latter engages in the acquisition, development and exploration of precious mineral properties globally, either on its own or in association with other junior or major exploration companies.
The company's main objective is to focus on the exploration and development of mineral resources. Accordingly, Millennia Resources' high-performing management team has accumulated a wealth of early stage exploration experience centred on the acquisition and development of promising mineral properties worldwide.
Due to a high profit margin, the relative scarcity of uranium and the foreseeable demand for this raw material, the company's management is directing its attention towards the acquisition of mineral properties and projects in North America which have promising uranium deposits. Currently, Millennia Resources AG is focussing on its flagship project in the Athabaska Basin (Canada), an area which hosts some of the world's largest uranium deposits. Other precious mineral deposits, including silver, iron and gold, are also under exploration.
Through their successful exploration, Millennia Resources AG aims to bring mineral resources into commercial production, either by way of a joint venture or through their sale to other companies. Accordingly, rather than depending on complex long-term financing, Millennia Resources can concentrate on its core business.
Disclaimer:
This press release contains forward-looking statements. These include, among other things, statements with respect to the time frame and content of future operations and geophysical as well as geological interpretation.
These statements appear in a number of places within this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers. Investors are cautioned that such forward-looking statements are not a guarantee for the company's future performance and that they imply a number of risks and uncertainties which lie beyond the company's control. Due to numerous factors, actual results could differ materially from those projected within any forward-looking statement.
Millennia Resources AG
Bösch 71, 6331 Hünenberg
Switzerland
Phone: +4181 255 1075
Telefax: +4181 255 1076
info@millenniaresources.com
www.millenniaresources.com
© 2007-2008 Millennia Resources AG. All rights reserved.