Business
TUMI RESOURCES LIMITED - TUMI SELLS ASSETS FOR US$580,000
Feb. 7, 2011 (Canada NewsWire Group) -- TSXV - TM Frankfurt - TUY Pink Sheets - TUMIF...
About this update from Kingsmen Resources Limited
[{"type":"text","content":"\n\n\n\n Feb. 7, 2011 (Canada NewsWire Group) -- \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\nTSXV - TM\n\n\nFrankfurt - TUY\n\n\nPink Sheets - TUMIF\n\n\nVANCOUVER, Feb. 7 /CNW/ - Tumi Resources Limited (the "Company") (TSXV-TM; Pink Sheets - TUMIF;\n Frankfurt - TUY). Mr. David Henstridge, President, announces that as part of a\n consolidation of its Mexican mineral property portfolio, and in order\n to focus on its main projects in Mexico and Sweden, the Company has\n sold its interest in the Batamote Concessions ("Batamote"), located in\n Sonora, Mexico, to Minera Genminmex, S.A. de C.V. ("Minera Genminmex"),\n a wholly-owned subsidiary of High Desert Gold Corporation (TSXV:HDG). \n Batamote has been under joint venture with Minera Genminmex since 2007.\n Under the terms of the agreement, the Company has received US$330,000\n cash and the Company retains a 2% NSR.   \n\n\nThe Company also announces that it has sold an apartment in Lima, Peru,\n for US$250,000 cash. The Company sold the apartment as it is no longer\n active or seeking mineral property acquisitions in Peru.\n\n\n\n\n\n\n\n\nOn behalf of the Board,\n\n\n"David Henstridge"  \nDavid Henstridge, President & CEO\n\n\n\n\nForward Looking Statements This Company Press Release contains certain "forward-looking"\n statements and information relating to the Company that are based on\n the beliefs of the Company's management as well as assumptions made by\n and informat...