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Wednesday, October 12, 2011

[CPSI NewsAlert: GMM Buys Interest in Khuden Coal Project, Shares Up]

CPSI NewsWire brings you market updates on Mongolia, compiled by CPS International, a Mongolian marketing arm of CPS Securities, a Perth, WA based stockbroking and corporate advisory firm, specialising in capital raising for mining and junior stocks.

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See Mongolia related quotes at bottom of newsletter

GMM up 2c to 14c after announcement

GMM buys interest in Khuden Coal Deposit in Mongolia

October 12, General Mining Corporation Limited (ASX:GMM) --

HIGHLIGHTS

·         Letter of offer signed to buy an interest in coal mining licence adjacent to the Company’s coal exploration area at the Uvs project

·         The mining licence covers the central part of the Khudel Coal Deposit explored in the 1970s – 80s

·         Addin interest in proven coal deposit strenghthens  the Company’s coal exploration prospects

Link to release

 

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"Mogi" Munkhdul Badral

Senior Client Manager / Executive Director

CPS International LLC

Telephone/Fax: +976-11-321326

Mobile: +976-99996779

Email: mogi@cpsinternational.mn

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CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.

 

Disclosure/Disclaimer

CPS Securities, its directors and employees advise that they may hold securities, may have an interest in and/or earn brokerage and other benefits or advantages, either directly or indirectly from client transactions mentioned in correspondence from CPS International.

CPS International advise this email contains general information only and does not include advice. In preparing this communication, CPS International did not take into account the investment objectives, financial situation and particular needs of any person. As with any speculative mining company there are significant risks.

 

 

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