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Cerro Grande Mining Corporation (the "Company" "CEG") Announces a Valuation Report Prepared by Loewen, Ondaatje, McCutcheon Limited ("LOM") which Values the Company at US$14,880,000
Cerro Grande Mining Corporation (the "Company" "CEG") Announces a Valuation Report Prepared by Loewen, Ondaatje, McCutcheon Limited ("LOM") which Values the Company at US$14,880,000.
About this update from Cerro Grande Mining Corp.
[{"type":"text","content":"\n\n\n\nCerro Grande Mining Corporation (the \"Company\" \"CEG\") Announces a Valuation Report Prepared by Loewen, Ondaatje, McCutcheon Limited (\"LOM\") which Values the Company at US$14,880,000\n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n\n\n\n\n\nCerro Grande Mining Corporation (the \"Company\" \"CEG\") Announces a Valuation Report Prepared by Loewen, Ondaatje, McCutcheon Limited (\"LOM\") which Values the Company at US$14,880,000\nCanada NewsWire\nTORONTO, April 14, 2014\n\n\n\n\nTORONTO, April 14, 2014 /CNW Telbec/ - Cerro Grande Mining Corporation\n and the Board of Directors (the \"Company\" \"CEG\") (TSX: CEG) (OTCQX: CEGMF) announce the completion of a valuation\n report which incorporates various technical and financial reports on\n the Company's assets. The full report, dated March 19 2014, is for\n internal use only. The report was prepared by Michael G. Fowler, M.Sc,\n MBA, C.Eng, Senior Mining Analyst, who is a member of the firm LOM, an\n exempt market dealer firm based in Toronto, Canada. Mr. Fowler, an\n independent party to CEG, visited the Pimenton and Tordillo properties\n as well as the Company's headquarters in February, 2014.\n\n\nLOM made the following comments. The market value of a corporation is\n defined as the price that an informed and independent purchaser would\n pay to an informed, willing independent seller at a given time in an\n unrestricted market condition, with neither party being under any\n compulsion to transact. In the context of this report company value\n pertai...