Selwyn Resources Announces Teleconference on Acquisition of ScoZinc Limited
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/08/11 -- Selwyn Resources Ltd. ('Selwyn') (TSX VENTURE: SWN) will host a teleconference on Tuesday February 08, 2011, to make a brief presentation and for discussion on the recently-announced intention to acquire, either directly or indirectly, all of the issued and outstanding shares of ScoZinc Limited. There will be a question and answer period following the presentation.
Details to access the teleconference are as follows:
Teleconference Date: Tuesday, February 8, 2011
Time: 10:30 am PST; (1:30pm EST)
Dial In Numbers: 604-681-0262 Vancouver
403-532-8075 Calgary or International
780-429-7423 Edmonton
647-837-0597 Toronto
613-683-0932 Ottawa
514-788-7663 Montreal
Toll Free Dial In Number: 1-877-353-9586 from Canada and USA
Participant Pass Code: 15060#
Please dial in 10 minutes prior to the start of the call. The teleconference will also be archived and available on the Selwyn Resources Ltd. website: www.selwynresources.com.
Selwyn's main focus remains the exploration and development of its properties that make up the Selwyn Project in the Yukon, by the joint venture comprised of Selwyn and Chihong Canada Mining Ltd. The Selwyn Project has both the potential to have large scale production and to provide a secure supply of zinc and lead to meet the future needs of the zinc and lead markets in Asia and beyond. The acquisition of ScoZinc will provide Selwyn with a new opportunity for growing the company, expanding the management team, building mine production experience and providing cashflow to fund growth.
This press release contains forward-looking statements concerning mineralization at the Selwyn Project. These forward-looking statements are based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of geological variability and other risk factors beyond Selwyn's control. As a result, actual results may differ materially from the expected results. Additional drilling is required to confirm the potential of the new discovery areas and expansions of the current resource areas and the extension of the higher grade deep mineralization to depth. There is no assurance that such additional drilling will expand mineral resources or that the resources being defined can be developed as an economically attractive mine, and there are many uncertainties associated with permitting and other factors that could delay such development.
Neither 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:
Selwyn Resources Ltd.
Dr. Harlan Meade
President and CEO
1 (604) 801-7240 or Toll-free: 1 (888) 989-9188
Selwyn Resources Ltd.
Catalin Chiloflischi
Manager of Investor Communications
1 (604) 801-7240 or Toll-free: 1 (888) 989-9188
1 (604) 689-8355 (FAX)
info@selwynresources.com
www.selwynresources.com