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Re: howestreetbull post# 1680

Friday, 02/13/2009 11:54:29 AM

Friday, February 13, 2009 11:54:29 AM

Post# of 7228

Mountain Capital terminates Ernestina Lake option


2009-02-11 16:50 ET - News Release

Mr. Blair Naughty reports

MOUNTAIN CAPITAL INC. UPDATE

Mountain Capital Inc., further to the company's news release reported in Stockwatch on June 26, 2008, has terminated, by mutual consent, the property option agreement dated July 31, 2008, with Universal Potash Corp. (formerly Utah Uranium Corp.).

In addition, and further to the company's news release reported in Stockwatch on Sept. 3, 2008, the company is awaiting finalization of an NI 43-101 technical report with respect to its Vermillion 15 potash property located in east-central Alberta.
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