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MAGR iShares Growth Portfolio UCITS ETF

6.438
0.01 (0.16%)
01 Jul 2024 - Closed
Realtime Data
Name Symbol Market Type
iShares Growth Portfolio UCITS ETF TG:MAGR Tradegate Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.01 0.16% 6.438 6.421 6.453 6.469 6.418 6.464 2,669 22:50:09

Magnum secures interest in Mongolian properties and awaits results from on-going work program

13/11/2003 1:01pm

PR Newswire (US)


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Magnum secures interest in Mongolian properties and awaits results from on-going work program TRADING SYMBOL (OTCBB: MAGR) TORONTO, Nov. 13 /PRNewswire-FirstCall/ -- Mr. Reno J. Calabrigo, President of Magnum d'Or Resources Inc. (Magnum), a junior resource exploration development Company is pleased to announce that Magnum has successfully completed the terms outlined in the 2003 Option Agreement on the North and East zone properties. Further to the Company's new release dated September 23, 2003, Magnum has secured its 40% interest through a Phase 1 work program by completing expenditures of US $75,000 on the two recently acquired Mongolian claims, license 4768X (north) and license 4767X (east) respectively. Mr. Calabrigo stated, "The expenditures were met one year ahead of schedule/requirement, thus confirming the Company's plans to aggressively explore areas of interest in the approximate 150,000 hectare licenses that Magnum has under option to acquire". The results of the Phase I work program is currently being analyzed, and the information will be released in the near future. Upon the completion of the Phase I program, the Company will have the opportunity to activate a Phase II work program which would result in an additional 30% interest in the two properties. The board of directors is anxious to obtain the results from the on-going work program, and is equally eager to advance the properties at an expedited rate where necessary. Mr. Calabrigo further stated, "We remain committed and enthusiastic towards achieving the Company's goals of securing early stage properties, and finding a new discovery." A number of statements contained in this press release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties including but not limited to: competitive market conditions, successful integration of acquisitions, and the ability to secure additional sources of financing. The actual results that Magnum may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. MAGNUM d'Or RESOURCES INC. http://www.magnumexploration.com/ DATASOURCE: Magnum d'Or Resources Inc. CONTACT: Reno J. Calabrigo, President, Telephone: (416) 386-0044, Email:

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