Malaga Inc.: change of corporate name and trading symbol (previously Dynacor Mines Inc.)
Montr�al, Qu�bec, July 17, 2007 - Malaga Inc. ("Malaga" or the "Company") is pleased to announce that is has formally changed its corporate name from "Mines Dynacor Inc." (Symbol: DYN) to "Malaga Inc." (Symbol: MLG). The change in corporate name was approved by shareholders at the annual and special meeting held on May 16, 2007.
Malaga's common shares will commence trading on the TSX at the opening of business on July 17, 2007, under the symbol "MLG".
COMPANY PROFILE
Malaga is a mining company which owns and operates, through its subsidiaries, a tungsten mine and gold plant with mining and exploration activities focused in Peru. It holds 100% interest, and operates the Pasto Bueno tungsten mine. In addition, the Company holds 44% interest in the Peruvian company called Hidroelectrica Pelagatos. This corporation operates the hydroelectric potential of the Pasto Bueno property.
On February 20, 2007, the Company announced the amalgamation of its gold activities into a new subsidiary and to give its shareholders ownership of such subsidiary. The new company will have all the current gold assets, which includes the Acari mine.
Malaga focuses on efficient and productive mining practices, in order to optimize current operations. The Company is committed to growth, through increasing its production levels, continuing exploration projects on existing properties and through strategic acquisitions. It also seeks diverse growth opportunities such as the hydroelectric potential through Hidroelectrica Pelagatos.
For more information, please contact:
Marc Blais
President
Malaga Inc.
450 667-3224
Jean Martineau
Chairman of the Board
Malaga Inc.
450 667-3224
Christina Lalli
Investor Relations
Malaga Inc.
450 667-3224
Renmark Financial Communications Inc.
Barbara Komorowski: bkomorowski@renmarkfinancial.com
Tina Cameron: tcameron@renmarkfinanci
AL.COM
MEDIA - VANESSA NAPOLI: VNAPOLI@RENMARKFINANCIAL.COM
TEL.: 514 939-3989
FAX: 514 939-3717
WWW.RENMARKFINANCIAL.COM
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Malaga Inc.
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PRODUCTEUR |
CODE : MLG.TO |
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Malaga est une société de production minière d'or et de tungsten basée au Canada. Malaga détient divers projets d'exploration au Perou. Son principal projet en production est PASTO BUENO au Perou. Malaga est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 918 375 CA$ (881 456 US$, 674 490 €). La valeur de son action a atteint son plus haut niveau récent le 20 juin 2008 à 0,49 CA$, et son plus bas niveau récent le 15 juillet 2013 à 0,01 CA$. Malaga possède 183 675 000 actions en circulation. |