TOPEKA, Kan., Sept. 29, 2011 /PRNewswire/ -- Talisman Holdings,
Inc. is encouraged by the progressive attitude of the Guyanan
government with respect to mining activities. The forward looking
posture adopted by the government is heartening and encouraging to
all mining explorers.
The country of Guyana is
located within the Guiana Shield, in the northeastern part of
South America. This region is well
known for its undeveloped resources of copper, gold, iron ore,
manganese, nickel, platinum and uranium. The Company is a partner
in promising and significant mineral concessions within the
country. The positive governmental attitude makes its property even
more attractive.
The political climate in the country has improved dramatically,
and has swung solidly in favor of mining. A stable, democratically
elected government is putting considerable effort into attracting
foreign investment in all sectors. The government is totally
committed to a free enterprise system, and has a clear mandate to
build the mining industry as an important part of the national
economy.
The government recognizes the enormous benefits that mining can
bring to a developing nation, and, consequently, has instituted a
regulatory system that is supportive of mineral exploration and
development. As an example, Guyana
has established one of the most modern and sophisticated geological
databases of any country. Title to mineral claims, permitting,
mining regulations, taxation and other government related matters
are now on a par with the better mining nations.
The Prime Minister has a mining background, and is dedicated to
promoting the mining industry as a means of bringing greater wealth
to the people of his nation. He clearly understands the importance
of building and maintaining a favorable image of the country for
investors.
David Lang, Talisman President,
commented: "Because much of Guyana
has yet to be studied and explored in a systematic way, we are
confident that significant deposits have yet to be discovered.
Enormous wealth is just being found. Gold is the hottest investment
niche around, and we are perfectly positioned in this mining
friendly nation."
About Talisman Holdings, Inc.:
Talisman Holdings, Inc. (TMHO:PK) is a highly innovative holding
company built on the belief that the world's greatest potential for
financial growth lies in emerging companies. Talisman Holdings
finds undervalued small and microcap businesses with breakthrough
products, services and technologies and delivers the equity,
financial guidance, strategic counsel, consulting and business
functions they need in order to succeed in the public marketplace.
Taking an ownership or equity stake in standout emerging growth
companies creates assets and drives shareholder value for Talisman
Holdings, and the diversified holding company organizational
structure and range of industries provides diversity of risk. For
more information please visit Talisman's website at
www.talismanholdings.com.
FORWARD-LOOKING DISCLAIMER
This summary contained forward-looking statements within the
meaning of the "safe harbor" provision of the Private Securities
Litigation Reform Act of 1995. These statements address future
events and conditions concerning the company's business plans. Such
statements are based on management's current expectation and are
subject to a number of factors and uncertainties, such as future
economic conditions and changes in anticipated revenues and costs,
which may cause actual results to differ materially. The company
expressively disclaims any future obligation or undertaking to
update or revise any forward-looking statements contained herein.
Investors and potential investors should independently investigate
and fully understand all risks before making investment
decisions.
For more information contact us
at:
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Talisman Holdings,
Inc.
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3101 Southwest Shadow
Lane
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Topeka, KS 66604
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Phone (785) 357-1055
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Fax (785) 357-1105
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info@talismanholdings.com
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SOURCE Talisman Holdings, Inc.