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Sherwood Copper Corp.

Publié le 24 décembre 2008

Capstone Mining Corp. Mails Offer to Purchase to its Debentureholders

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Mots clés associés :   Canada | Capstone | Copper | G Mexico | K Street | Precious Metals |
Capstone Mining Corp.
SUITE 860-625 HOWE STREET ? VANCOUVER, BC ? V6C 2T6 ? CANADA ? TEL: (604) 687-7545 ? FAX: (604) 689-5041
SUITE 1980-1055 WEST HASTINGS STREET ? VANCOUVER, BC ? V6E 2E9 ? CANADA ? TEL (604) 684-8894 ? FAX (604) 688-2180
 
FOR IMMEDIATE RELEASE
 
December 24, 2008       #08-51
 
Capstone Mails Offer to Purchase to its Debentureholders
 
VANCOUVER, BRITISH COLUMBIA - Capstone Mining Corp. (CS: TSX) announced that yesterday it mailed its ?Offer to Purchase? to the holders of its Debentures.
 
For further information regarding the Debentures and the Offer to Purchase, please see Capstone Mining North Ltd.?s (formerly Sherwood Copper Corporation) management information circular filed on October 23, 2008 under the Capstone Mining North profile on www.sedar.com.
 
About Capstone Mining
Capstone Mining?s objective is the profitable production of base and precious metals from high grade low cost mines in mining-friendly jurisdictions.  The Minto Mine in Yukon and Cozamin Mine in Mexico meet these objectives and both mines have undergone staged expansions, the most recent of which were completed in late 2008, the benefits of which will be fully realized in 2009.  In parallel with expanding production, major exploration programs conducted in 2008 have been completed and are anticipated to result in increased mineral resources and, subject to demonstrated economics, conversion to mineral reserves, potentially supporting further increases in production levels.  In addition, Capstone controls the high grade Kutcho copper project in British Columbia, were on-going activities aim to advance the project towards a production decision.  In addition to its low cost copper production, Capstone has a strong balance sheet and a significant copper hedge book priced well above current spot prices for copper.
 
Additional Information
Additional information on Capstone and its Minto Mine can be obtained on Capstone?s website at http://www.capstonemining.com.
 
 
On behalf of the board of directors
CAPSTONE MINING CORP.
?Stephen P. Quin?
Stephen P. Quin
President & COO
 
For further information about Capstone, please contact:
Darren Pylot, Vice Chairman & CEO
or
Chris Tomanik or Mark Patchett at (604) 684-8894 or  (866) 684-8894
Stephen Quin, President & COO
or
Chris Curran at (604) 687-7545 or 1 (888) 338-2200
 
The TSX does not accept any responsibility for the adequacy or accuracy of this press release.
 
Forward-Looking Statements
This document may contain "forward-looking statements" within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this document and Capstone Mining Corp. (hereinafter referred to as the "Company") do not intend, and do not assume any obligation, to update these forward-looking statements.
There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers should not place undue reliance on forward looking statements.
 
 
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Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Sherwood Copper Corp.

CODE : SWC.V
CUSIP : 82442N 103
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Sherwood Copper est une société développant des projet miniers de cuivre basée au Canada.

Sherwood Copper est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 56,5 millions CA$ (46,4 millions US$, 36,8 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 8,26 CA$, et son plus bas niveau récent le 21 novembre 2008 à 1,01 CA$.

Sherwood Copper possède 53 853 000 actions en circulation.

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Rapports annuels de Sherwood Copper Corp.
2007 Annual report
Financements de Sherwood Copper Corp.
29/02/2008 Signs Committed Term Sheet for Corporate Credit Facility wi...
15/02/2008 Announces $7.2 million Flow-through Financing
Nominations de Sherwood Copper Corp.
01/04/2008Makes Key Appointments to its Board & Management
16/01/2008 Appoints Kevin Weston as Chief Operating Officer
Rapports Financiers de Sherwood Copper Corp.
27/08/2008Reports Continued Strong Financial Results for the Three Mon...
22/07/2008Reports Increased Copper Production & Reduced Costs in Secon...
30/05/2008Reports Strong Results from Operations in First Quarter 2008
Projets de Sherwood Copper Corp.
26/01/2009(Minto Mine)Capstone Mining Corp. Commences US$ 3 Million Resource Expan...
10/12/2008(Minto Mine)Capstone Mining Corp. Reports Final Drill Intercepts of Nea...
13/11/2008(Kutcho Creek)Increases Continuity of High Grade Copper Trend at its Kutch...
07/11/2008(Minto Mine)Raises US$37.5 million from Minto Precious Metal ProductionT...
04/11/2008(Minto Mine)Reports New Copper-Gold Discovery at Minto Mine and possible...
22/09/2008(Kutcho Creek)Reports Further High Grade Intercepts from its Kutcho Copper...
18/09/2008(Minto Mine)Reports Thick Intervals of Near Surface Copper-Gold Minerali...
02/09/2008(Kutcho Creek)Reports Multiple High Grade Intercepts from its Kutcho Coppe...
28/08/2008(Minto Mine)Reports High Rainfall temporarily restricts access to its Mi...
21/08/2008(Minto Mine)Reports Further High Grade Copper-Gold Results From Areas 2 ...
17/07/2008(Minto Mine)Releases Further High Grade Copper-Gold from Area 2 & Area 1...
14/07/2008(Kutcho Creek)Reports High Grade Intercepts from the Kutcho Drill Program
17/06/2008(Minto Mine)Announces Significant Increase in Copper-Gold Resources at M...
17/04/2008(Minto Mine)Reports Minto Copper-Gold Mine Achieves & Exceeds Design Cap...
10/03/2008(Kutcho Creek) Completes Funding Arrangements for Kutcho Project & Begins ...
25/02/2008(Minto Mine)Reports 2007 Production Results & 2008 Production Estimate f...
13/02/2008(Minto Mine)Intersects High Grade Copper-Gold Mineralization in 4 Separa...
14/01/2008(Minto Mine)Intersects High Grade Copper-Gold Mineralization at Area 118...
18/12/2007(Minto Mine) Reports Phase 2 Mill Expansion at Minto Copper-Gold Mine Co...
12/12/2007(Minto Mine) Reports Results of Pre-feasibility Study for Expansion of M...
07/12/2007(Minto Mine)Reports Groundwork has Commenced on Carmacks to Stewart Tran...
03/12/2007(Minto Mine)Intersects High Grade Copper-Gold Mineralization at Ridgetop...
29/10/2007(Minto Mine) Intersects High Grade Copper-Gold Mineralization at Area 11...
25/10/2007(Minto Mine) Ships first Minto Mine Concentrates from Skagway
25/09/2007(Minto Mine)Receives Encouraging Results From 2007 Gradient IP Geophysic...
19/09/2007Discovers High Grade at Airstrip & Expands High Grade at Are...
05/09/2007(Minto Mine)Reports "On budget & Ahead of Schedule" Phase 1 Construction...
25/07/2007(Minto Mine)Delivers First Concentrates from Minto Mine to Port of Skagw...
15/06/2007(Minto Mine)Phase 2 Exploration Program Underway at Minto Copper-Gold Mi...
12/06/2007(Minto Mine)Reports Excellent Metallurgical Test Results from Area 2 at ...
24/05/2007(Minto Mine)Discovers High Grade Copper-Gold Mineralization in Minto 'Ga...
24/04/2007(Minto Mine)Awarded Funding from the Yukon Government to Advance Area 2 ...
12/04/2007(Minto Mine)Expands Scope of Pre-feasibility Study on Minto Copper-Gold ...
11/04/2007Accelerates Phase 2 Mill Expansion at Minto Copper-Gold Mine...
Communiqués de Presse de Sherwood Copper Corp.
23/01/2009Capstone Mining Corp. Reports Debt Repayments, Funding of De...
24/12/2008Capstone Mining Corp. Mails Offer to Purchase to its Debentu...
24/11/2008Reports Cash Flow from Mining Operations of $29.9 million in...
21/11/2008Announces Closing of Precious Metal Transaction
19/09/2008sets Shareholder Meeting Date for Capstone Combination
05/08/2008Reports Higher Copper Production Forecast for 2009 & Updated...
25/07/2008Reports Phase 3 Mill Throughput Increase to 3,200tpd Approve...
30/06/2008Finalizes Exploration Agreement with Northern Tiger Resource...
12/06/2008Reports Results of Preliminary Economic Assessment for Kutch...
05/06/2008Holds Successful Annual Meeting & Reports on Strategic Objec...
28/05/2008and Western Keltic Announce Closing of Business Combination
07/04/2008and Western Keltic Mines Inc. Announce Planned Business Comb...
06/03/2008 Increases Holdings to Approximately 93% of Western Keltic S...
03/03/2008Signs Exploration Memorandum of Understanding with Firestone...
22/02/2008Acquires 91.7% of Western Keltic Shares & Extends Offer for ...
12/02/2008Takes up 85.6% of Western Keltic Shares & Extends Offer for ...
30/01/2008Extends Offer for Western Keltic Mines to February 11, 2008
24/12/2007 Mails Offer for Western Keltic Mines
26/11/2007 Announces Agreement for Acquisition of Western Keltic Mines
29/10/2007 Appear on BNN TV
12/10/2007 Holds the Official Opening Ceremony for the Minto Mine, Yuk...
04/10/2007 Reports that Minto Mine Declares Commercial Production
17/07/2007Identifies Two Extensive Copper-Gold Systems at Minto Projec...
16/07/2007Reports Geotech Program Results in Improved Pit Slopes at Mi...
29/05/2007reports Yukon Utilities Board Approves Revised Power Purchas...
15/05/2007reports Yukon Government Support for Revamped Power Purchase...
10/05/2007Nominates Industry Leader for election to its Board of Direc...
02/05/2007Announces Yukon Utilities Board Turns Down Provisions of the...
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