News and finally the official accord meeting!PLEXMAR RESOURCES INC.
TSX VENTURE: PLE
May 26, 2008 09:17 ETPlexmar Resources Inc.: Bolsa Del Diablo Update
QUEBEC CITY, QUEBEC--(Marketwire - May 26, 2008) - Plexmar Resources Inc. (TSX VENTURE:PLE) is pleased to report that its subsidiary has been invited to present at a community meeting to be held on June 8th 2008. The company will be asked to present its exploration program and specifically address the benefits to be received by the community. Registered community members will decide at the meeting if the company is allowed to pursue its exploration activities. The company has proposed a partnership whereby the Community would directly own a royalty in the eventuality of commercial production.
"This will be the first time in Peru that a community signs a partnership with a company for an early stage exploration project. We are committed on creating value for the community and for our shareholders while improving the lives of the people in the community, in a safe and environmentally responsible manner." Says Guy Bedard, president.
By maintaining high standards for protecting human health and the environment, and working in cooperation with our host communities, we endeavor to create sustainable, long-term economic and social opportunities. Among our goals is to be recognized by communities and governments as the exploration company of choice in northern Peru.
Outcome of the meeting and details of the benefits offered to the community will be released to shareholders as soon as available.
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.
136 M shares outstanding
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.