Mesa Exploration Reviewed by Fundamental Research Corp.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/05/11 -- Mesa Exploration Corp. (TSX VENTURE: MSA)(PINK SHEETS: MSAJF) ('Mesa') is pleased to announce that the company is in receipt of an Independent Research Report prepared and distributed by Fundamental Research Corp., one of North America's most respected analytical firms.
In the report the Green Energy project is reviewed with an insight to the potential of the mineral-rich brine; Mesa's other projects and the lithium market are also described. The report can be viewed at this link: www.mesaexploration.com/i/pdf/2011-May-FResearch.pdf
About Fundamental Research Corp.
Since 2003, Fundamental Research Corp. has been providing the highest institutional quality equity research coverage on small and micro cap companies. They are often ranked in the top 10 in independent third party evaluations of their research, and have developed a reputation for producing high quality research.
About Mesa Exploration
Mesa is developing and exploring a portfolio of mineral properties in the United States where it controls significant land holdings. The goal for 2011 is to advance the Green Energy Project, a large brine deposit containing 40% dissolved solids. The brine contains Lithium, Potash, Magnesium, Boron, Bromine and other potentially valuable minerals. All projects are within proven mining districts with excellent access and infrastructure. Mesa currently has 12.6 million shares issued and outstanding, and has no debt. For further information please visit our website at www.mesaexploration.com.
ON BEHALF OF THE BOARD
MESA EXPLORATION CORP.
Foster Wilson, President and CEO
This news release includes certain statements that may be deemed 'forward-looking statements'. All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com.
The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.
Contacts:
Mesa Exploration Corp.
Corporate Communications
775-824-4533
www.mesaexploration.com