Apogee Announces Name Change
March 25 2011 - 7:00AM
Marketwired
Apogee Minerals Limited ("Apogee" or "the Company") (TSX VENTURE:
APE) is pleased to announce that the name of the Company has been
changed to Apogee Silver Ltd. in order to reflect the Company's
focus on exploration and development of silver projects.
The name change was approved by the shareholders of the Company
at the annual and special meeting on March 11, 2011. Additionally,
the Company has received a certificate of amendment for the name
change under the Business Corporations Act (Ontario).
Effective at the opening of the market on Monday, March 28,
2011, the common shares of the Company will trade on the TSX
Venture Exchange under the name Apogee Silver Ltd. The Company's
ticker symbol remains unchanged and is "APE".
G. Scott Paterson, Chairman of Apogee Silver Limited stated;
"The new name symbolizes the next chapter for Apogee as we push
forward the development strategy for our core silver deposit on the
Pulacayo - Paca Project in Bolivia, and better represents the clear
commodity focus of the company on silver."
About Apogee Minerals Limited
Apogee Minerals Ltd. is an exploration stage company a listed on
the TSX Venture Exchange under the symbol APE. Apogee targets
advanced silver-zinc-lead projects in South America that
demonstrate potential to be rapidly developed to production.
Currently its projects are located in the historic silver producing
regions of southwest Bolivia and northern Chile.
Its most advanced project is the 100% owned Pulacayo-Paca
project in Bolivia. This project includes the property that covered
the second-largest silver mine in the history of Bolivia with over
600 million ounces of past production.
Cautionary Note Regarding Forward-Looking Information This press
release contains "forward looking information" within the meaning
of applicable Canadian securities legislation. Forward looking
information includes, but is not limited to, statements with
respect to the future financial or operating performance of the
Company, its subsidiaries and its projects, statements regarding
the impact of the name change, the development of the Pulacayo-Paca
project, statements regarding exploration prospects, and
requirements for additional capital. Generally, forward looking
information can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information, including but not limited to:
financing not being available at desired prices; general business,
economic, competitive, political and social uncertainties; the
actual results of current exploration activities; timing and
availability of external financing on acceptable terms; conclusions
of economic evaluations; changes in project parameters as plans
continue to be refined; future prices of mineral prices; failure of
plant, equipment or processes to operate as anticipated; accidents,
labour disputes and other risks of the mining industry; and, delays
in obtaining governmental approvals or required financing or in the
completion of activities. Although the Company has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward looking information. The Company does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Contacts: Apogee Minerals Ltd. Marilia Bento Vice President
Corporate Development (1) 416 309-2694 info@apogeeminerals.com
www.apogeeminerals.com
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