BB's Stock Haven

[Martin Murray]

JMCP News:

JMCP Acquisition Inc. in Last Stage of Gold Company Acquisition

Thursday , April 26, 2007 13:12 ET

KILLEEN, Texas, Apr 26, 2007 (BUSINESS WIRE) -- Frank Love, the President of James Monroe Capital Corp. (PINK SHEETS:JMCP), is pleased to announce that he is finalizing an agreement with which to acquire a Ghanaian-based Company with rights in a concession located along the prolific Ashanti Belt.

The Ashanti Belt has an overwhelming history as a region rich in precious metals and minerals. In addition, it hosts some of the largest mines in the world. Many of the producing mines along the belt run in a NE trending line with other producing mines. This infers a high expectancy of mineral rich soils that contains gold specifically in mines and concessions that lay along the trend.

The concession is currently the subject of a 43-101 compliance review to verify its positive results to date, and its current operations are headed by a world class and highly respected local geologist.

Frank Love states, "I am excited for JMCP Acquisition Inc. (a James Monroe Capital Corp. Wholly Owned Subsidiary) to acquire this company with its amazing potential."

Our new Investor Relations is Chinook Investor Relations Group LLC, http://www.chinookinvestmentgroup.com/. For more information contact Harold Engel at [e-mail].

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

SOURCE: James Monroe Capital Corp.

James Monroe Capital Corp., Killeen
Frank Love, 254-458-0473
http://www.jamesmonroecapital.com/

Copyright Business Wire 2007