Your browser does not support script

Mailing List Signup

Follow us on Twitter!

Portfolio News

Resinco News


News Releases

 January 06, 2010
Resinco(tm) Capital Partners Acquires Securities Of Candente Gold Corp.

 Vancouver, BC -- Resinco(tm) Capital Partners Inc. ("Resinco") announces that on December 17, 2009, it acquired ownership of 375,000 common shares ("Common Shares") and 187,500 common share purchase warrants (the "Warrants") of Candente Gold Corp. ("Candente"). Each Warrant entitles the holder to purchase one additional common share of Candente at a price of $0.60 per share until December 17, 2011. As a result of this transaction, Resinco held, as at January 5, 2010, 0.76% of Candente. In the event that the Warrants are fully exercised, the holdings of Resinco represents a total of 562,500 common shares of Candente, or approximately 1.1% of all issued and outstanding common shares as at January 5, 2010, calculated on a partially diluted basis assuming the exercise of the Warrants only.

This transaction was made for investment purposes and Resinco could increase or decrease its investments in Candente depending on market conditions or any other relevant factor.

About Resinco(tm) Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company which specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO(tm) CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact

Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.

The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release.
 
Show printable version of 'Resinco(tm) Capital Partners Acquires Securities O...' in a New Window