Standard & Poor's Initiates Factual Stock Report
Coverage on Columbia Yukon
West Vancouver , British Columbia - Columbia Yukon
Explorations Inc. ("Columbia Yukon" or the "Company")
is pleased to report that Standard & Poor's has initiated Factual Stock
Report coverage on Columbia Yukon. Set out below is a copy of Standard &
Poor's news release which was disseminated today:
"New York, NY
-January 22, 2008- Standard & Poor's announced today that it has
commenced Factual Stock Report coverage on Columbia Yukon Explorations Inc.
Columbia Yukon
Explorations Inc. (TXV: CYU; OTCPK: CYUXF), in the exploration stage as of
July 31, 2007, engages in the acquisition and exploration of mineral
properties in Canada. The Company's main focus is exploration of polymetallic
properties, and it is pursuing an active program of acquisition and
exploration in the province of British Columbia. In particular, Columbia
Yukon is focused on the exploration and development of its Storie Molybdenum
property in northern British Columbia. The Company also holds interests in
properties in the Province of Newfoundland and Labrador.
The Storie property is
located near the historical mining camp of Cassiar and is approximately five
kilometers away from a paved road. Under the terms of an option agreement,
the Company was granted the right to earn a 100% interest in the Storie
property, which is located in the Liard Mining Division in British Columbia,
by spending a total of Canadian Dollar (C$) 4,000,000 in exploration
expenditures over five years, issuing a total of 600,000 common shares over
five years, and making cash payments in the amount of C$1,150,000 over five
years. In October 2007, Columbia Yukon announced that it had accelerated the
option payments and share issuances under the option agreement and as a
result had earned a 100% interest in the Storie property (subject to a 2.5%
NSR).
This report will also
be accessible on an ongoing basis to the investment community ---- scores of
buy-side institutions and sell-side firms that utilize S&P research and
information platforms daily. Millions of self-directed investors also
have access to the report via their e-brokerage accounts.
About
Standard & Poor's Factual Stock Reports
This Standard &
Poor's service provides factual research coverage enabling information about
Columbia Yukon Explorations Inc. and other securities to reach a wide
investor audience of Buy and Sell-side investors, helping them understand a
company's fundamentals and business prospects. Currently profiling over 1,000
issuers, S&P Factual Stock Reports increase market awareness for issuers
in the investment community with insightful commentary and key
statistics/information. Updated weekly with the latest pricing, trading
volume, and other data, the reports include recent developments, a financial
review, key operating information, Industry and peer comparisons,
institutional holdings analysis, Street Consensus and opinions, performance
charts, business summary, fundamental data, and news. Because coverage of
these reports is sponsored by the issuer, S&P does not offer investment
opinions concerning the advisability of investing in these stocks.
Standard & Poor's
Factual Stock Reports are produced separately from any other analytic
activity of Standard & Poor's. Standard & Poor's Factual Report
research has no access to non-public information received by other units of
Standard & Poor's. Standard & Poor's does not trade on its own
account.
Note: All
U.S. and Canadian Companies listed on a National Exchange (not covered by
S&P's STARS research) are eligible to obtain this coverage ..
About
Standard & Poor's
Standard & Poor's,
a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost
provider of financial market intelligence, including independent credit
ratings, indices, risk evaluation, investment research and data. With
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information, visit http://www.standardandpoors.com
.."
Columbia Yukon
Explorations Inc. Contact:
Clive Shallow
(604) 922-2030
cshallow@waterfrontgroup.com
Standard &
Poor's Contact:
Customer Contact:
Richard Albanese
212-438-3647
richard_albanese@standardandpoors.com
Media
Relations Contact :
Michael Privitera
212-438-6679
michael_privitera@standardandpoors.com
Columbia Yukon Explorations Inc.
"Ronald A. Coombes"
_________________________________
Ronald A. Coombes, President
& CEO
The TSX Venture
Exchange has not reviewed this news release and does not accept
responsibility for the adequacy or accuracy of this release.
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