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TSX Venture Exchange: EMR
OTC Bulletin Board: EGMCF
U.S. 20-F Registration: 000-51411
Frankfurt Stock Exchange: EML
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VANCOUVER, Oct. 24 /CNW/ - Emgold Mining Corporation (EMR - TSX Venture)
(the "Company" or "Emgold") is pleased to announce the engagement of M
Partners as financial advisor to the Company. M Partners is a member of the
Investment Dealer Association, a participating member of the Toronto Stock
Exchange, the TSX Venture Exchange and the Canadian Investor Protection Fund.
M Partners is a full service investment dealer based in Toronto, Ontario,
with extensive experience in the capital markets. The firm provides a wide
range of financial services including debt and equity offerings, merger and
acquisition advisory, as well as the implementation of creative strategies
designed to maximize shareholder value.
Going forward, M Partners will advise and assist Emgold in raising the
capital necessary to obtain a conditional mine use permit for the
Idaho-Maryland Gold Mine located in Grass Valley, California. The mine plan
includes the possible staged development of a combined gold mining and
ceramics manufacturing facility. In addition, M Partners will review and
advise on strategies to finance, form joint ventures and possibly spin out
Emgold's wholly owned subsidiary, Golden Bear Ceramics Corporation, which
holds the world wide rights to the Ceramext(TM) technology designed to convert
a wide range of waste materials to 100% environmentally friendly ("green")
stone and ceramic building products.
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On behalf of the Board of Directors,
William J. (Bill) Witte, P.Eng.
President and Chief Executive Officer
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No regulatory authority has approved or disapproved the information
contained in this news release.
