Agenda for El Capitan Precious Metals' 2012 Shareholders Informational Meeting Includes Report from Investment Banker Houlihan Lokey
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- John F. Stapleton, Chairman of the Board of Directors of El Capitan Precious Metals, Inc. (OTC/BB: ECPN), announced the agenda for the November 20, 2012 Shareholders Informational Meeting today and highlighted several key items. According to Stapleton, the meeting will address detailed metallurgical results derived from current recovery initiatives, a financial overview including an update on the Company's Equity Credit Line, and a report on Houlihan Lokey's marketing of the El Capitan property.
As previously announced, the meeting will be held at the Scottsdale Plaza Resort, at 7200 N. Scottsdale Road in Scottsdale, Arizona and begin at 10 am. The meeting will be videotaped and available on the Company's website, www.ElCapitanPMI.com, as soon as technically possible.
As El Capitan Precious Metals marks the close of its fiscal year and 2012 comes to an end, Stapleton stated that the year was a period of significant progress toward its goals with definitive steps toward selling the El Capitan property.
About El Capitan Precious Metals, Inc.:
El Capitan Precious Metals, Inc. is an exploration stage precious minerals company based in Scottsdale, Arizona that is principally engaged in the exploration of precious metals and other minerals. The Company's primary asset is its wholly owned subsidiary El Capitan, Ltd., an Arizona corporation, which holds the 100% equity interest in the El Capitan property located near Capitan, New Mexico.
Forward-Looking Safe Harbor Statement:
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. Forward-looking statements are statements that are not historical facts. Words such as "expect(s)," "feel(s)," "believe(s)," "will," "may," "anticipate(s)" and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements regarding the expected completion, timing and results of metallurgical testing, interpretation of drill results, the geology, grade and continuity of mineral deposits, results of initial feasibility, pre-feasibility and feasibility studies and expectations with respect to the engaging in strategic transactions. All of such statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Specifically, there can be no assurance regarding the timing and terms of any transaction involving the Company or its El Capitan property, or that such a transaction will be completed at all. In addition, there can be no assurance that periodic updates to the Company's geological technical reports will support the Company's prior claims regarding the metallurgical value and make-up of the ore on the New Mexico property. Additional risks and uncertainties affecting the Company include, but are not limited to, the possibility that future exploration, development, testing or mining results will not be consistent with past results and/or the Company's expectations; discrepancies between different types of testing methods, some or all of which may not be industry standard; the ability to mine precious and other minerals on a cost effective basis; the Company's ability to successfully complete contracts for the sale of its products; fluctuations in world market prices for the Company's products; the Company's ability to obtain and maintain regulatory approvals; the Company's ability to obtain financing for continued operations and/or the commencement of mining activities on satisfactory terms; the Company's ability to enter into and meet all the conditions to consummate contracts to sell its mining properties that it chooses to list for sale; and other risks and uncertainties described in the Company's filings from time to time with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and we do not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.
TEN Associates, LLC
Tom Nelson, 480-232-5469
KEYWORDS: United States North America Arizona
The article Agenda for El Capitan Precious Metals' 2012 Shareholders Informational Meeting Includes Report from Investment Banker Houlihan Lokey originally appeared on Fool.com.
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