Olympus Pacific Minerals Inc. Information Now
Available Through S&P Market Access Program
Toronto, January 3, 2008 -
Olympus Pacific Minerals Inc. (TSX:
OYM) announced today that its company information has been made available
via Standard & Poor's Market Access Program, an information
distribution service that enables subscribing publicly traded companies to
have their company information disseminated to users of Standard &
Poor's Advisor Insight. The company information to be made available through
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company financial position, and earnings. Standard & Poor's Advisor
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In addition, information about
companies in Standard & Poor's Market Access Program will be available
via S&P's Stock Guide database, which is
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Laws.
About Olympus Pacific Minerals Inc.
Olympus is focused on becoming
a significant gold producer in the Southeast Asia region and is building a
project portfolio to support this objective. With a long history in
Vietnam, the company has established considerable land positions in the
country to achieve this goal. By entering into small-scale production at
Bong Mieu, Olympus was able to show the local
community and the government its commitment to remain in the country and to
become a big gold player in the region. OYM is a short time away from
beginning production at Phuoc Son and is
evaluating both Phuoc Son's deposits for the
potential of production rate increases to reach over 200,000 ounces
of gold annually in Vietnam by 2012. With a US$22 million exploration
budget approved for 2008, Olympus is focused on growth through discovery at
its core properties in Southeast Asia.
Along with OYM's primary
properties, the company also holds a number of early- stage exploration
concessions in Vietnam and Laos. Similar to its advanced properties, the
early projects are located in highly prospective areas offering
considerable exploration potential. Olympus continues to evaluate these
properties, but remains focused on advancing its more developed properties.
Company information distributed
through the Market Access Program is based upon information that Standard
& Poor's considers being reliable, but neither Standard & Poor's
nor its affiliates warrant its completeness or accuracy, and it should not
be relied upon as such. This material is not intended as an offer or
solicitation for the purchase or sale of any security or other financial
instrument.
For
further information contact:
Jim Hamilton, Corporate Communications
T: (416) 572-2525 or TF: 1-888-902-5522
F: (416) 572-4202
Standard & Poor's Customer
Contact:
Richard Albanese
212 438-3647
richard_albanese@sandp.com
Standard & Poor's Media
Relations Contact:
Michael Privitera
212 438-6679
michael_privitera@sandp.com
OLYMPUS FOFI DISCLAIMER
Certain of the statements made and information contained herein is
forward-looking information within the meaning of the Ontario Securities
Act, including statements concerning our plans at our Vietnamese mineral
projects, which involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of
the Company, or industry results, to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking information. Forward-looking information is subject to a
variety of risks and uncertainties which could cause actual events or
results to differ from those reflected in the forward-looking information,
including, without limitation, failure to establish estimated resources or
to convert resources to mineable reserves; the grade and recovery of ore
which is mined varying from estimates; capital and operating costs varying
significantly from estimates; delays in obtaining or failure to obtain
required governmental, environmental or other project approvals; changes in
national and local government legislation or regulations regarding
environmental factors, royalties, taxation or foreign investment; political
or economic instability; terrorism; inflation; changes in currency exchange
rates; fluctuations in commodity prices; delays in the development of
projects; shortage of personnel with the requisite knowledge and skills to
design and execute exploration and development programs; difficulties in
arranging contracts for drilling and other exploration and development
services; dependency on equity market financings to fund programs and
maintain and develop mineral properties; risks associated with title to
resource properties due to the difficulties of determining the validity of
certain claims and other risks and uncertainties, including those described
in each management discussion and analysis. In addition, forward-looking
information is based on various assumptions including, without limitation,
the expectations and beliefs of management; the assumed long-term price of
gold; the availability of permits and surface rights; access to financing,
equipment and labour and that the political environment within Vietnam will
continue to support the development of environmentally safe mining
projects. Should one or more of these risks and uncertainties materialize,
or should underlying assumptions prove incorrect, actual results may vary
materially from those described in forward-looking statements. Accordingly,
readers are advised not to place undue reliance on forward-looking
information. Except as required under applicable securities legislation,
the Company undertakes no obligation to publicly update or revise
forward-looking information, whether as a result of new information, future
events or otherwise.