Can-Cal Resources Ltd. Launches New Website.Business Editors LAS VEGAS--(BUSINESS WIRE)--Jan. 14, 2004 Can-Cal Resources Ltd. ("the Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CCRE CCRE Conseil des Communes et Régions d'Europe CCRE Computer Coalition for Responsible Exports CCRE Cross Cumulative Residual Entropy CCRE Constrained Chain Rule Expansion ) is pleased to announce that it has launched its new website at www.can-cal.com. The website includes updates on the Company's corporate profile, its management team and highlights and photos of the Company's recently acquired El Colomo Gold & Silver Project in Mexico. Mr. Anthony F. Ciali, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated, "We are very pleased to be launching our new website at the start of 2004, a year in which we believe there will be significant changes in the operations and future growth of the Company. In addition to the acquisition of an interest in the El Colomo Project, management is actively exploring for and reviewing other precious mineral properties in Mexico for potential acquisition. We will be updating our website on a regular basis to provide our shareholders and interested parties with the latest status of the Company's future activities." Can-Cal Resources Ltd. is a public company engaged in the acquisition and exploration of precious mineral properties. As part of its future growth strategy, the Company will focus its efforts on acquiring, exploring and developing precious minerals properties in the Western Hemisphere Western Hemisphere Part of Earth comprising North and South America and the surrounding waters. Longitudes 20° W and 160° E are often considered its boundaries. , with an emphasis on Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , particularly Mexico. Management intends to maximize exploration expenditures by utilizing a focused approach to generative gen·er·a·tive adj. 1. Having the ability to originate, produce, or procreate. 2. Of or relating to the production of offspring. generative pertaining to reproduction. exploration, while simultaneously seeking out potential near-term production properties. Since June 2003, Management has been investigating several interesting precious mineral properties in Mexico, which meet the objectives of the Company's future growth strategy and which would act as core properties for the Company's initiation of mining activities in Mexico. In September 2003, the Company incorporated a wholly owned Mexican subsidiary, Sierra Madre Sierra Madre, city, United States Sierra Madre (sēĕr`ə mä`drā), residential city (1990 pop. 10,762), Los Angeles co., S Calif., at the foot of Mt. Wilson; inc. 1907. There is some light manufacturing. Resources S.A. de C.V. ("SMR (Specialized Mobile Radio) The communications services used by police, ambulances, taxicabs, trucks and other delivery vehicles. Throughout the U.S., approximately 3,000 independent operators are licensed by the FCC to offer this service, which provides always-on "), which is the Company's principal vehicle for mining-related acquisitions and activities in Mexico. In December 2003, SMR entered into a Letter of Intent to acquire a 50% equity interest (50.1% operating interest) in a group of gold-silver mineral concessions covering over 12,700 hectares (over 31,300 acres) located in Nayarit State, Mexico, referred to as the El Colomo Project. SMR is in discussions with other Mexican mineral property owners to potentially acquire additional precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. projects. This press release contains certain "forward-looking statements" within the meaning of Section 27A of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities Exchange Act of 1933, as amended, and Section 21E of the United States Securities Act of 1934, as amended. All statements, other than statements of historical fact, included in this press release, including, without limitation, statements regarding future plans and objectives of the Company and SMR, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under the heading "Risk Factors" and elsewhere in documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities. Can-Cal Resources Ltd. 8224 Ocean Gate Way Las Vegas, NV 89128 |
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