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Tumi Resources Limited (the
"Company") (TSXV-TM; Pink Sheets - TUMIF; Frankfurt - TUY). Mr.
David Henstridge, President, announces that as part
of a consolidation of its Mexican mineral property portfolio, and in order to
focus on its main projects in Mexico and Sweden, the Company has sold
its interest in the Batamote Concessions ("Batamote"), located in Sonora, Mexico, to Minera Genminmex, S.A. de C.V.
("Minera Genminmex"),
a wholly-owned subsidiary of High Desert Gold Corporation (TSXV:HDG). Batamote has been
under joint venture with Minera Genminmex
since 2007. Under the terms of the agreement, the Company has received
US$330,000 cash and the Company retains a 2% NSR.
The
Company also announces that it has sold an apartment in Lima, Peru, for US$250,000
cash. The Company sold the apartment as it is no longer active or seeking
mineral property acquisitions in Peru.
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On behalf of the Board,
"David Henstridge"
David Henstridge, President & CEO
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Forward
Looking Statements This Company Press Release contains
certain "forward-looking" statements and information relating to
the Company that are based on the beliefs of the Company's management as well
as assumptions made by and information currently available to the Company's
management. Such statements reflect the current risks, uncertainties and
assumptions related to certain factors including, without limitations,
competitive factors, general economic conditions, customer relations,
relationships with vendors and strategic partners, the interest rate
environment, governmental regulation and supervision, seasonality,
technological change, changes in industry practices, and one-time events.
Should any one or more of these risks or uncertainties materialize, or should
any underlying assumptions prove incorrect, actual results may vary
materially from those described herein.
Neither the TSX Venture Exchange, its
Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange), nor the Frankfurt Stock Exchange accepts
responsibility for the adequacy or accuracy of this news release.
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