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Tuesday, August 05, 2008 9:26:45 AM
Tornado Gold Engages Canaccord Capital to Sponsor Listing on the Toronto Venture Exchange
RENO, NEVADA--(Marketwire - Aug. 5, 2008) - Tornado Gold International Corp. (OTCBB:TOGI) www.TornadoGold.com ("the Company") is pleased to announce it has engaged Canaccord Capital (www.canaccord.com) to assist in the listing of the company on the Toronto Stock Exchange and future underwriting of Tornado Gold.
Through its principal subsidiaries, Canaccord Capital Inc. (TSX:CCI) is a leading independent full service investment dealer in Canada with capital markets operations in the United Kingdom and the United States of America. Canaccord Capital is publicly traded on both the Toronto Stock Exchange and AIM, a market operated by the London Stock Exchange.
Canaccord has approximately 1,683 employees worldwide in 30 offices, including 23 Private Client Services offices located across Canada. Canaccord Adams, the international capital markets division, has significant operations in Toronto, London, Boston, Vancouver, New York, Calgary, Montreal, San Francisco and Houston.
Dr. Abbott, President of Tornado Gold, stated: "We are very pleased to have the strength of Canada's largest independent investment bank and wealth management firm affiliated with our company. The Canadian listing of Tornado Gold's shares should help us raise additional capital more efficiently than before. With Canaccord Capital's help, Tornado gold will be able to achieve its exploration and development goals in a much timelier manner."
About Tornado Gold International Corp.
Tornado Gold is a 100% USA owned and operated company with gold properties in the State of Nevada. Nevada is one of the most prospective places on earth to find and exploit giant gold deposits. The Company focuses on the discovery of massive gold deposits greater than 7M ounces. Tornado Gold's exceptional team of proven explorers collectively have decades of experience in utilizing unique, cutting-edge technologies. This will assist them in quickly and precisely targeting the areas on their properties where these giant deposits may lie undiscovered.
Tornado Gold International Corp.
Submitted on behalf of the board of directors
Earl W. Abbott, CEO / President
Tornado Gold International Corp.
Legal Notice Regarding Forward-Looking Statements
Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Information concerning gold or other mineral reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present if and when a project is actually developed.
Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of gold or mineral deposits, the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of gold or minerals are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in filings on Edgar of other junior mineral exploration companies with the US Securities and Exchange Commission. This announcement may also contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
RENO, NEVADA--(Marketwire - Aug. 5, 2008) - Tornado Gold International Corp. (OTCBB:TOGI) www.TornadoGold.com ("the Company") is pleased to announce it has engaged Canaccord Capital (www.canaccord.com) to assist in the listing of the company on the Toronto Stock Exchange and future underwriting of Tornado Gold.
Through its principal subsidiaries, Canaccord Capital Inc. (TSX:CCI) is a leading independent full service investment dealer in Canada with capital markets operations in the United Kingdom and the United States of America. Canaccord Capital is publicly traded on both the Toronto Stock Exchange and AIM, a market operated by the London Stock Exchange.
Canaccord has approximately 1,683 employees worldwide in 30 offices, including 23 Private Client Services offices located across Canada. Canaccord Adams, the international capital markets division, has significant operations in Toronto, London, Boston, Vancouver, New York, Calgary, Montreal, San Francisco and Houston.
Dr. Abbott, President of Tornado Gold, stated: "We are very pleased to have the strength of Canada's largest independent investment bank and wealth management firm affiliated with our company. The Canadian listing of Tornado Gold's shares should help us raise additional capital more efficiently than before. With Canaccord Capital's help, Tornado gold will be able to achieve its exploration and development goals in a much timelier manner."
About Tornado Gold International Corp.
Tornado Gold is a 100% USA owned and operated company with gold properties in the State of Nevada. Nevada is one of the most prospective places on earth to find and exploit giant gold deposits. The Company focuses on the discovery of massive gold deposits greater than 7M ounces. Tornado Gold's exceptional team of proven explorers collectively have decades of experience in utilizing unique, cutting-edge technologies. This will assist them in quickly and precisely targeting the areas on their properties where these giant deposits may lie undiscovered.
Tornado Gold International Corp.
Submitted on behalf of the board of directors
Earl W. Abbott, CEO / President
Tornado Gold International Corp.
Legal Notice Regarding Forward-Looking Statements
Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Information concerning gold or other mineral reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present if and when a project is actually developed.
Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of gold or mineral deposits, the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of gold or minerals are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in filings on Edgar of other junior mineral exploration companies with the US Securities and Exchange Commission. This announcement may also contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
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