Leader Receives U.S. Trading Approval.Business Editors CALGARY, Alberta--(BUSINESS WIRE) Sept. 28, 2000 Leader Mining International (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :LDRMF) Inc. is pleased to announce that on September 26, 2000 the company has been cleared by the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). to trade on the Bulletin Board under the symbol LDRMF. Dupont Securities Group Inc. of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York has been approved as the registered market maker for the company's stock for the over the counter Bulletin Board trading. Active trading is expected to commence on October 2, 2000. Leader Mining International Inc.'s focus is on base metal exploration in under explored geologically favourable terrains in politically stable jurisdictions. The company's two major Cu projects underway in Canada are: Knife Lake Project, located in Saskatchewan along the northwestern extension of the Amisk Volcanics, which host the copper-zinc mines of the Flin Flon mining camp. This project is being funded by KORES (a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Korea Resources Corporation, a Korean Government owned company) for $5.2 million to earn a 50% interest. Similco Project, located close to tidewater in southwestern British Columbia and includes the past producing Similco copper mine and Giant copper mine and a fully permitted and bonded 25,000 ton per day milling complex. The company is undertaking a bankable bank·a·ble adj. 1. Acceptable to or at a bank: bankable funds. 2. Guaranteed to bring profit: a bankable movie star. production feasibility study at a cost of $3 to $5 million over the next 12 to 18 months to put the project back into production in view of the strengthening copper markets. Management believes that trading in the United States will widen the company's current CDNX CDNX See Canadian Venture Exchange (CDNX). trading exposure, and will have a very positive impact on the company's ability to raise funds to advance its projects to the next level. * Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this press release, that the SEC guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 0-26447 available from us at Suite 810, 400 - 5th Avenue SW Calgary, AB T2P T2P Type-Two Phaser (Star Trek) T2P Transition to Production (computer systems development) 0L6. You can also obtain this form from the SEC by calling 1-800-SEC-0330 The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has neither approved nor disapproved of the information contained herein. |
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