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Scorpio Mining Receives Conditional Approval for Toronto Stock Exchange Listing
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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Vancouver, September 27, 2006 - Scorpio Mining Corporation (TSXV:SPM) is pleased to announce that the Company has received conditional approval from the Toronto Stock Exchange (TSX) for the listing of its common shares on the TSX, subject to meeting the final listing requirements of the TSX and obtaining TSX Venture Exchange approval for de-listing.
Peter J. Hawley, President, CEO reports, "The graduation to the TSX marks the next step in the growth of the Company and its plans for advancing Scorpio's projects, especially the Nuestra Senora, Mexico project. The listing on the TSX will increase our profile, broaden our access to investment capital, and give more investors an opportunity to participate in the future of Scorpio."
The Company expects to fulfill the final listing requirements over the next few weeks. Trading is expected to remain under the symbol SPM. Scorpio Mining Corporation will issue a news release prior to the commencement of trading on the TSX.
For more information about Scorpio Mining Corp. visit our website at www.scorpiomining.com.
ON BEHALF OF SCORPIO MINING CORPORATION
Peter J. Hawley
President & CEO
For further information contact:
Glenn Little, Jackson Little Holdings Ltd: 604-930-4375; 1-888-930-4375
Email: jlconsulting@telus.net
Rich Kaiser, YES International: 1-800-631-8127; 001-757-306-6090 (outside North America)
Email: yes@yesinternational.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the content of this news release. This discussion includes certain statements that may be deemed "forward-looking statements". All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include metal prices, exploration successes, continued availability of capital and financing, and general economic, market or business conditions. |
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