Du är här


InvestmentPitch: Prescient Mining Corp (CSE:PMC) Lists on Canadian Securities Exchange - Video News Alert on Investmentpitch.com

Vancouver, BC, May 28, 2014 - Prescient Mining Corp (CSE:PMC) is one of the
latest new listings on the Canadian Securities Exchange, and is trading under
the symbol "PMC". Concurrent with its new CSE listing, the company has
voluntarily de-listed from the TSX Venture Exchange.

InvestmentPitch.com has produced a "video news alert" which provides a brief
overview of the company. If this link is not enabled, please
visitwww.InvestmentPitch.comand enter "Prescient" in the search box.

In fiscal year 2011, the Company entered into an option agreement with Geomode
Mineral Exploration Ltd. for the exclusive right and option to acquire a 100%
undivided interest in the Hook Lake Project, located in the Athabasca Basin,
Saskatchewan. The project consists of a 5,052-hectare mineral disposition on
the outer eastern edge of the Athabasca basin, adjacent to JNR Resources' Way
Lake uranium project.

Prescient's property is located within the Wollaston Domain and is situated
approximately 9 kilometers southeast of the contact between the Athabasca
Basin sandstones and the underlying Wollaston Group rocks. Historical work on
the property has identified structurally controlled uranium mineralization
and the presence of graphite.

The Athabasca Basin hosts many of the world's most significant uranium mines,
with the uranium deposits generally having grades substantially higher than
the world average. According to the World Nuclear Association, Canada was the
world's largest uranium producer for many years, accounting for about 22% of
world output prior to 2009.

In consideration of the grant of option, the company paid $15,000 and issued
150,000 common shares of the company on July 30, 2012. The company may
exercise the option by incurring a total of $886,404 in exploration and
development expenditures on the project over a period of three years and
paying an additional sum of $1-million to the vendor on the third anniversary
of the Exchange approval date.

For more information about the property, please refer to the NI 43-101
Technical Report, which the company filed on Sedar.com last week.

Prescient is one of the Mosam Ventures group of companies. For more
information, please visitwww.mosamventures.comor contact Isaac Moss at

About InvestmentPitch

InvestmentPitch.com, a multimedia company that provides a combined solution
for creating and hosting financial video content, and distributing it across
multiple platforms to investors and financial professionals, specializes in
producing short three minute videos based on significant news releases and
research reports. Please visit InvestmentPitch.com and browse the extensive
library of investment videos.

Barry Morgan, CFO


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: InvestmentPitch via Globenewswire


Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.