2013-02-26 18:16:29 -
Vancouver, British Columbia, February 26, 2013 - Loma Vista Capital (CNSX:LOV)
is one of the latest new listings on the Canadian National Stock Exchange.
InvestmentPitch.com has produced a "video news alert" which provides a brief
overview of Loma Vista Capital. If this link is not enabled, please visit
www.InvestmentPitch.com and enter "Loma" in the search box.
The company completed an initial public offering of 1,666,667 common shares at
$0.15 per share, with Haywood Securities acting as agent for the offering.
Loma Vista is a junior mineral exploration company focused of the exploration,
discovery and development of base metal and precious metal mineral deposits in
Canada and other parts of the world.
The corporation's sole asset is an option to acquire a 100% undivided interest
in the Dorothy Lake Project, which consists
of a contiguous block of two staked
claims comprising 26 claim units covering a surface area of 416 hectares in the
Meen Lake Area in Ontario. This block is located approximately 11 kilometres
northwest of the historical Golden Patricia Mine Property and 76 kilometres west
of Pickle Lake.
The property is positioned to cover a possible northwest extension of the
favorable gold-bearing Golden Patricia Mine structure. Previous drilling in the
West zone in 1988 returned a best assay of 13.7 grams per tonne gold over 1.5
metres and drilling in the Main zone returned a best assay of 472.8 grams per
tonne gold over 0.5 metres.
Loma Vista must complete a series of payments totalling $375,000 over four
years, along with a number of other conditions.
The company has 9.2 million shares outstanding, and is showing an opening bid of
$0.15, giving the company a capitalization of approximately $1.4 million.
For more information, please contact Joshua Crumb by email at
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Barry Morgan, CFO
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