Thursday, August 26, 2004 10:13:40 AM
JOYE1 : ECPNE
http://biz.yahoo.com/bw/040826/265095_1.html
Press Release Source: El Capitan Precious Metals, Inc.
OTC Bulletin Board Website Reflects Symbol Change for El Capitan Precious Metals to `ECPNE' Effective Today
Thursday August 26, 7:05 am ET
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Aug. 26, 2004--El Capitan Precious Metals, Inc. (OTCBB: ECPN - News) announced today the Over the Counter Bulletin Board ("OTCBB") has appended its symbol with an "E" effective today as the Company has not filed its Quarterly Report on Form 10-QSB for the quarter ended June 30, 2004, which was due on August 23, 2004. The Company has 30 calendar days from today to regain compliance and demonstrate it is current in its public reporting obligations pursuant to Rule 6530, or it will be ineligible for quotation and subject to removal from the OTCBB.
El Capitan presently anticipates it will complete and file the Quarterly Report on Form 10-QSB by close of business today. The Company will notify the OTCBB once it has filed the Quarterly Report and anticipates the "E" will be removed from its symbol within three business days of the filing.
El Capitan Precious Metals, Inc. is a nominally capitalized development stage company that owns a 40% interest in the El Capitan mine located near Capitan, New Mexico as well as a joint venture and 20% ownership of 13 mining claims and other assets known as the C.O.D. Property located near Kingman, Arizona.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in El Capitan Precious Metals/DML Services' Securities and Exchange Commission filings; economic downturns affecting the operations of El Capitan Precious Metals/DML Services; the inability to initiate or complete a possible sale of the El Capitan property or any other restructuring, offering, acquisition, disposition or similar transaction; adverse financial performance by El Capitan Precious Metals/DML Services; failure to obtain or maintain regulatory approval for products and services offered by El Capitan Precious Metals/DML Services; the accuracy of geological and geophysical results including drilling and assay reports; the inability of the Company to develop and/or mine the El Capitan property; and the unavailability of financing to complete management's plans and objectives. The forward-looking statements contained in this press release speak only as of the date hereof and El Capitan Precious Metals/DML Services disclaims any intent or obligation to update these forward-looking statements.
Contact:
El Capitan Precious Metals, Inc.
Chuck Mottley, 480-948-0724
Source: El Capitan Precious Metals, Inc.
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http://biz.yahoo.com/bw/040826/265095_1.html
Press Release Source: El Capitan Precious Metals, Inc.
OTC Bulletin Board Website Reflects Symbol Change for El Capitan Precious Metals to `ECPNE' Effective Today
Thursday August 26, 7:05 am ET
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Aug. 26, 2004--El Capitan Precious Metals, Inc. (OTCBB: ECPN - News) announced today the Over the Counter Bulletin Board ("OTCBB") has appended its symbol with an "E" effective today as the Company has not filed its Quarterly Report on Form 10-QSB for the quarter ended June 30, 2004, which was due on August 23, 2004. The Company has 30 calendar days from today to regain compliance and demonstrate it is current in its public reporting obligations pursuant to Rule 6530, or it will be ineligible for quotation and subject to removal from the OTCBB.
El Capitan presently anticipates it will complete and file the Quarterly Report on Form 10-QSB by close of business today. The Company will notify the OTCBB once it has filed the Quarterly Report and anticipates the "E" will be removed from its symbol within three business days of the filing.
El Capitan Precious Metals, Inc. is a nominally capitalized development stage company that owns a 40% interest in the El Capitan mine located near Capitan, New Mexico as well as a joint venture and 20% ownership of 13 mining claims and other assets known as the C.O.D. Property located near Kingman, Arizona.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in El Capitan Precious Metals/DML Services' Securities and Exchange Commission filings; economic downturns affecting the operations of El Capitan Precious Metals/DML Services; the inability to initiate or complete a possible sale of the El Capitan property or any other restructuring, offering, acquisition, disposition or similar transaction; adverse financial performance by El Capitan Precious Metals/DML Services; failure to obtain or maintain regulatory approval for products and services offered by El Capitan Precious Metals/DML Services; the accuracy of geological and geophysical results including drilling and assay reports; the inability of the Company to develop and/or mine the El Capitan property; and the unavailability of financing to complete management's plans and objectives. The forward-looking statements contained in this press release speak only as of the date hereof and El Capitan Precious Metals/DML Services disclaims any intent or obligation to update these forward-looking statements.
Contact:
El Capitan Precious Metals, Inc.
Chuck Mottley, 480-948-0724
Source: El Capitan Precious Metals, Inc.
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