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White Mountain Titanium Corporation (WMTM)

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Last Post: 5/8/2019 10:23:04 PM - Followers: 19 - Board type: Free - Posts Today: 0

White Mountain Completes $2.13 Million Financing and Advances Pilot Plant Program at the Cerro Blanco Project SANTIAGO, Chile, Oct 08, 2008 /PRNewswire-FirstCall via COMTEX/ -- White Mountain Titanium Corporation ("White Mountain" or the "Company") (OTC Bulletin Board: WMTM) reports that it has completed a private placement financing and raised $2.13 million. The Company issued 2.84 million common shares at a price of $0.75 per share. Third party advisory fees related to the financing total $131,946. The Company will use the funds for general treasury purposes, as well as advancing the Pilot Plant program at its Cerro Blanco titanium project. "Proceeds from this financing will allow White Mountain to move the Cerro Blanco project forward," said Michael Kurtanjek, the Company's President and CEO. "Our immediate objectives are to finalise operational details in respect to the Pilot Plant program. I am also delighted that in this difficult market White Mountain continues to find support from investors who see the long-term potential of this unique project." About White Mountain Titanium Corporation The Company holds mining concessions on the Cerro Blanco property currently consisting of 33 registered mining exploitation concessions and five mining exploration concessions in the process of being constituted, over approximately 8,225 hectares located approximately 39 kilometers west of the City of Vallenar in the Atacama, or Region III, geographic region of northern Chile. The Company's principal objectives are to advance the Cerro Blanco project towards a final engineering feasibility, and to secure off-take contracts for the planned rutile concentrate output. It would be the intention to sell the rutile concentrate to paint and pigment producers. Work also continues to investigate the commercial viability of producing a feldspar co-product. The feldspar could find applications in the glass and ceramics industries. The OTC BB has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and, therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms in our press releases and on our website, such as "reserves," "resources," "geologic resources," "proven," "probable," "measured," "indicated," and "inferred," that the SEC guidelines strictly prohibit us from including in our filings with the SEC. U.S. investors are urged to consider closely the disclosure in our annual report on Form 10K for the year ended December 31, 2007, File No. 333-129347, and in subsequent filings with the SEC. You can review and obtain copies of our filings from the SEC's website at http://www.sec.gov/edgar.shtml Contact: White Mountain Titanium Corporation Michael Kurtanjek, President (56) 2 231-5780 Brian Flower, Chairman (604) 408-2333 SOURCE White Mountain Titanium Corporation
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#179   yup, I agree. don't mind loading on the Alexxdj1 05/08/19 10:23:04 PM
#178   XNNHQ. Nothing when gratned. folame 05/03/19 10:44:24 PM
#177   tick tock... Alexxdj1 04/30/19 08:44:47 PM
#176   Htti. Not too many people there. I think Alexxdj1 04/24/19 09:01:14 PM
#175   Do you recall encountering any other "quiet runners" ILuvGreen3 04/24/19 08:26:32 PM
#174   I seen that. People to bust chasing pigs Alexxdj1 04/24/19 07:23:56 PM
#173   Interestingly, no volume for the past two days. ILuvGreen3 04/24/19 02:36:02 PM
#172   solid, ALWAYS a great thing! surprised the price Alexxdj1 04/22/19 10:29:12 PM
#171   Custodianship granted rstar 04/22/19 01:48:34 PM
#170   bids getting filled Monday at the .006. nuff said. Alexxdj1 04/18/19 10:52:05 PM
#169   pretty sure the last RM ran to .18, Alexxdj1 04/18/19 08:54:10 PM
#168   I forgot about good friday holiday for the exchanges. Icanslim 04/17/19 10:45:48 AM
#167   The Thursday preceding Good Friday. ILuvGreen3 04/16/19 11:23:06 PM
#166   whos the clown behind the twitter acct? that buccaneer1961 04/16/19 11:22:33 AM
#165   what's 4/18? Icanslim 04/16/19 10:39:14 AM
#164   Nice close ;) BERKSHIRE AGENT 04/15/19 11:56:47 PM
#163   solid close, looks like no more cheapies left Alexxdj1 04/15/19 06:50:38 PM
#162   Potential boom on 04/18/19 ILuvGreen3 04/15/19 05:06:08 PM
#161   Grabbed a starter $WMTM r1aviator 04/15/19 10:30:11 AM
#160   Hearing moves up to 4/22. Get ready ladies BB-ADVISOR 04/10/19 09:49:37 PM
#159   Developing a gradual incline ILuvGreen3 04/10/19 03:45:45 PM
#158   Potential base at .005 ILuvGreen3 04/09/19 03:50:42 PM
#157   yeah, busy day in the office, think I Alexxdj1 04/09/19 12:30:26 AM
#156   lol There was approximately 1.8M shares at the ILuvGreen3 04/09/19 12:25:53 AM
#155   nobody selling .004/45, obvi. no fill day. Alexxdj1 04/09/19 12:22:21 AM
#154   Level 2 suggested an attempt to accumulate between ILuvGreen3 04/08/19 11:09:07 PM
#153   Awesome day again today shhhh ;) BERKSHIRE AGENT 04/08/19 04:57:00 PM
#152   MAY 15TH! buccaneer1961 04/07/19 07:14:43 PM
#151   by who, are you saying that somehow they Alexxdj1 04/05/19 09:39:54 PM
#150   Didn’t someone say like mid May. Usually I Alexxdj1 04/05/19 08:48:35 PM
#149   Alexx when do expect a hearing? kinda new Icanslim 04/05/19 03:49:41 PM
#148   THats not how it works. This will spike Alexxdj1 04/05/19 02:50:22 PM
#142   I sold out at a huge loss im buccaneer1961 04/04/19 11:45:58 AM
#141   All old news. Nothing has changed. Custodian play here. MM1177 04/04/19 11:43:16 AM
#140   http://www.wmtcorp.com/ NOTICE OF INSOLVENCY & SUSPENSION OF CORPORATE BUSINE Majk76 04/04/19 11:12:51 AM
#139   Perfect fib retrace down here BERKSHIRE AGENT 04/04/19 10:24:08 AM
#138   50% down on 800k oeps.. nudie 04/04/19 10:06:41 AM
#137   Rhonda is a con artist there has been 1r1shboy 04/04/19 06:57:23 AM
#135   Agree RHONDA is full of surprises ;) BERKSHIRE AGENT 04/03/19 11:17:08 PM
#134   PRE LOADERS IN THE TRIPS WITH WMTM DO crowin 04/03/19 10:45:09 PM
#133   I think this 6 week before hearing gave buccaneer1961 04/03/19 08:04:34 PM
#132   Looks good BERK imo could go way the MONEYBAGSCLAY 04/03/19 08:03:40 PM
#131   I think it moves huge in May BERKSHIRE AGENT 04/03/19 07:56:07 PM
#130   hopefully things move up before or after the buccaneer1961 04/03/19 06:57:40 PM
#128   looking at the accumulation line on the buccaneer1961 04/03/19 05:52:25 PM
#127   what is the date? buccaneer1961 04/03/19 05:48:27 PM
#126   Yea yea we will this will be down 1r1shboy 04/03/19 05:20:11 PM
#125   Court date is next month tick tock.... BERKSHIRE AGENT 04/03/19 03:37:14 PM
#123   AGREE :) $$$$$ MONEYBAGSCLAY 04/03/19 03:00:26 PM
#122   *rolls eyes* what happened to 05c? Lol just 1r1shboy 04/03/19 02:45:14 PM