BULM Moves Toward TSX Listing
ST. GEORGE, UT, Oct 28, 2010 (MARKETWIRE via COMTEX) -- Bullion Monarch Mining Inc. (OTCBB: BULM) is pleased to announce plans to apply for a listing on Canada's Toronto Stock Exchange (TSX). Bullion Monarch Mining has recently engaged Dennis H. Petersen of Petersen Law, a corporate finance law firm in Toronto, to assist in this endeavor.
Preliminary discussions with TSX officials have given Bullion Monarch Mining management a very positive indication that the Company, with existing assets and corporate structure, would qualify to be listed on the main TSX exchange.
Bullion Monarch Mining management feels that a TSX listing is a top priority to continue the rapid growth of the Company. The Company's goal is designed to expose the Company to a very knowledgeable, sophisticated and active base of institutional and individual investors. The TSX is one of the pre-eminent global centers for raising capital for international resource ventures; more mining and
oil and gas companies are listed on the TSX than any other exchange in the world.
"We will now work toward this listing with the selection of a sponsoring brokerage followed by the submission of qualifying property reports and final applications," said Chairman James A. Morris. "TSX markets will become an important source of funding to help advance the development of several exploration projects as well as expand our shareholder base with Canadian investors, giving us exposure to an investor community that specializes in mining."
