New Energy Technologies Presents at 4th Annual LD MICRO Conference on December 7, 2011

SOURCE: New Energy Technologies, Inc.

COLUMBIA, MD--New Energy Technologies, Inc. (OTCQB: NENE) (PINKSHEETS: NENE)  presented yesterday  at LD MICRO's 4th Annual Conference on December 7, 2011. The conference was held at the Luxe Hotel in Los Angeles.

New Energy President and CEO, Mr. John A. Conklin, was scheduled to present on Wednesday, December 7, 2011 at 2:30 p.m. Pacific time, with one-on-one meetings held throughout the day. Management discussed New Energy's recent quarterly results, as well as the company's business plan and objectives for the remainder of 2011.

The LD MICRO Conference brings together 101 presenting companies with more than 150 institutions focused on investing in small and micro-cap companies across multiple industries.

About LD MICRO
LD MICRO is a by-invitation only newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published an annual list of recommended stocks as well as comprehensive reports on select companies throughout the year. LD MICRO concentrates on finding, researching, and investing in companies that are overlooked by institutional investors. It is a non-registered investment advisor. For more information on the list of presenting companies or to register for the event, please visit www.ldmicro.com or call +1-408-457-1042.

About New Energy Technologies, Inc.
New Energy Technologies, Inc., together with its wholly owned subsidiaries, is a developer of next generation alternative and renewable energy technologies. Among the Company's technologies under development are:

• MotionPower™ roadway systems for generating electricity by capturing the kinetic energy produced by moving vehicles -- a patent-pending technology, the subject of 18 US and International patent applications. An estimated 250 million registered vehicles drive more than six billion miles on America's roadways, every day; and 
•  
• SolarWindow™ technologies which enable see-through windows to generate electricity by 'spraying' their glass surfaces with New Energy's electricity-generating coatings -- the subject of 10 patent applications. These solar coatings are less than 1/10th the thickness of 'thin' films and make use of the world's smallest functional solar cells, shown to successfully produce electricity in a published peer-reviewed study in the Journal of Renewable and Sustainable Energy of the American Institute of Physics.

Through established relationships with universities, research institutions, and commercial partners, we strive to identify technologies and business opportunities on the leading edge of renewable energy innovation. Unique to our business model is the use of established research infrastructure owned by the various institutions we deal with, saving us significant capital which would otherwise be required for such costs as land and building acquisition, equipment and capital equipment purchases, and other start-up expenses. As a result, we are able to benefit from leading edge research while employing significantly less capital than conventional organizations.
For additional information, please call Ms. Briana L. Erickson toll-free at 1-800-213-0689 or visit: www.newenergytechnologiesinc.com.
To receive future press releases via email, please visit:
http://www.newenergytechnologiesinc.com/investor_alert
To view the full HTML text of this release, please visit:
http://www.newenergytechnologiesinc.com/NENE20111130
For media inquiries please contact Jerry Schranz at jschranz@beckermanpr.com, or visit our Media Relations page for additional contact information:
http://www.newenergytechnologiesinc.com/media_relations
Legal Notice Regarding Forward-Looking Statements
No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although New Energy Technologies, Inc. (the "Company" or "New Energy Technologies") believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to adverse economic conditions, intense competition, lack of meaningful research results, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, unexpected costs and operating deficits, increases in general and administrative costs, termination of contracts or agreements, technological obsolescence of the Company's products, technical problems with the Company's research and products, price increases for supplies and components, litigation and administrative proceedings involving the Company, the possible acquisition of new businesses or technologies that result in operating losses or that do not perform as anticipated, unanticipated losses, the possible fluctuation and volatility of the Company's operating results, financial condition and stock price, losses incurred in litigating and settling cases, dilution in the Company's ownership of its business, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives and research scientists, changes in interest rates, inflationary factors, and other specific risks. There can be no assurance that further research and development will validate and support the results of our preliminary research and studies. Further, there can be no assurance that the necessary regulatory approvals will be obtained or that New Energy Technologies, Inc. will be able to develop commercially viable products on the basis of its technologies. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-Q and Form 10-K filings with the Securities and Exchange Commission. These reports and filings may be inspected and copied at the Public Reference Room maintained by the U.S. Securities & Exchange Commission at 100 F Street, N.E., Washington, D.C. 20549. You can obtain information about operation of the Public Reference Room by calling the U.S. Securities & Exchange Commission at 1-800-SEC-0330. The U.S. Securities & Exchange Commission also maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the U.S. Securities & Exchange Commission at http://www.sec.gov. The Company undertakes no obligation to publicly release the results of any revisions to these forward looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact Information

Ms. Briana L. Erickson
New Energy Technologies, Inc.9192 Red Branch Road, Suite 110
Columbia, MD 21045
Email: Email Contact
Phone: 800-213-0689
www.newenergytechnologiesinc.com

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Talison Lithium and Sojitz Sign Memorandum of Understanding to market lithium carbonate in Japan.

Perth, Western Australia, December 8^th 2011: Talison Lithium Limited (“Talison”) (TSX: TLH | US: TLTHF ) and Sojitz Corporation (“Sojitz”) announced today that they have signed a Memorandum of Understanding (“MOU”) to discuss on a non-exclusive basis collaborative marketing and distribution opportunities in Japan for lithium carbonate produced by Talison.

Responding to growing global demand for an additional secure supply of lithium chemicals, particularly from electric vehicle battery manufacturers, Talison is aggressively pursuing its proposed plant to convert lithium minerals into lithium carbonate (“Minerals Conversion Plant”). The Minerals Conversion Plant is to be located in Western Australia with an initial capacity of 20,000 tonnes per annum lithium carbonate. Talison is targeting commissioning of the plant in its 2015 financial year.

Sojitz is a leading Japanese trading firm with extensive involvement in the battery material market and more than 30 years’ experience in distributing lithium chemicals to customers in Japan. Sojitz is interested in accessing an additional supply of lithium chemicals to support its customers in the rapidly growing lithium-ion battery market in Japan.

Talison and Sojitz foresee the potential for mutual benefit in collaborative marketing and distribution of lithium chemicals to customers located in Japan, and ensuring the sustainable growth of the lithium-ion battery market. The Memorandum of Understanding provides a framework for Talison and Sojitz to discuss collaboration opportunities on a non-binding basis and is valid for an initial period of 12 months.

Talison Chief Executive Officer Mr Peter Oliver said: “This MOU is the next step in the development of Talison’s Mineral Conversion Plant as it will enable Talison to accelerate the formation of customer relationships in Japan – one of the world’s largest markets for lithium carbonate.”

Senior Vice President Mr Yoshihiro Tamura of Sojitz commented: “Talison owns one of the largest lithium resources in the world and has already been producing lithium concentrate for many years. Sojitz is excited about Talison’s plan to produce lithium carbonate and foresees a unique opportunity for two of the leading participants in the global lithium market to work together to develop a stable secure supply of lithium for new energy markets in Japan.”

About Talison:

Talison is a leading global producer of lithium. Talison has been producing lithium concentrate for a global customer network from the Greenbushes Lithium Operations in Western Australia for over 25 years. In addition, Talison explores for lithium at the Salares 7 lithium project made up of seven salars located in Region III, Chile.  

About Sojitz Corporation

Sojitz is a leading Japanese trading firm and the largest supplier of rare earths into Japan. As a general trading company Sojitz conducts transactions and business operations in Japan and overseas in a wide range of fields including machinery, energy and metals, chemicals and functional materials, and consumer lifestyle businesses.

To view the entire press release please visit:

http://www.talisonlithium.com/news.aspx

 About Talison Lithium
Talison Lithium Ltd. (TSX: TLH | US: TLTHF) mines and processes lithium bearing mineral spodumene at Greenbushes near Perth, Western Australia. The company produces a range of lithium concentrates that are distributed to a well-established global customer base, including China.

The Greenbushes ore body is a highly mineralised zoned pegmatite with a strike length of more than 3km. The Greenbushes Lithium Operations Mineral Reserve is unique among known lithium deposits in that it contains approximately 50% spodumene.

The Greenbushes Lithium Operations have two processing plants located at the mining operations. One plant produces technical-grade lithium concentrates, the other produces chemical-grade lithium concentrate. In September 2010, Talison Lithium merged with Salares Lithium Inc which gave it exposure to prospective lithium brine projects in Chile.

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Ucore Takes Part in Congressional Briefing on US Domestic Rare Earth Supply Chain

Ucore Rare Metals Inc.

TSX VENTURE : UCU
Nasdaq - OTCQX : UURAF

HALIFAX, NOVA SCOTIA--(Marketwire - Nov. 10, 2011) - Ucore Rare Metals Inc. (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or the "Company") is pleased to report that the Company has taken part in a Congressional Briefing on the importance of establishing a domestic rare earth supply chain within the United States. The November 7 Washington DC – based event was hosted by Senator Lisa Murkowski (R-AK) and the Senate Energy and Natural Resources Committee. The briefing was for the benefit of U.S. Senate, House and Committee Staff and other Administration officials. A panel comprised of leaders of U.S. Magnetic Materials Association (USMMA), including Ucore President & CEO Jim McKenzie, discussed issues associated with the expedited building of a self contained critical rare earth supply chain on US soil, from mine to magnet.

Nearly 40 key staff and congressional decision makers attended the briefing, representing multiple states and committees, including Senate Foreign Relations, Senate Energy & Natural Resources, Senate Environment & Public Works, as well as House Science, Space, & Technology. Ucore's Bokan Mountain project received particular notice for its positioning as having supply source material in the form of the largest NI 43-101 compliant deposit of heavy rare earths in the United States, including near term access to dysprosium, a technology metal identified by the Department of Energy as being among the most highly sought after "critical materials" to the US. Ucore was also identified as having a favorable permitting environment in the state of Alaska, logistical advantages and ready access to capital, as well as a highly motivated geo-political environment for the re-establishment of the US as a leader in rare earth supply and manufacturing.

In his panel address, McKenzie warned of the emerging worldwide trend toward "resource nationalism" and protectionist policies toward critical rare earth supply sources around the globe. His thesis was that only the United States itself could be expected to look out for domestic interests in terms of ongoing access to these critical materials, and only an independent, integrated domestic supply chain can reliably be expected to achieve this end. Panelists discussed how the US' traditional means of securing supply through being the highest bidder in international markets was likely to fail as protectionist policies are implemented around the globe. McKenzie stressed that restarting the rare earth supply chain within the United States is essential not only for national security and clean technology, but also as a means to putting American-based ingenuity back to work and avoiding further degradation of the county's industrial base.

Fellow members of USMMA on the panel, representing downstream applications of the rare earth magnetics industry included Ed Richardson (President USMMA/Vice President, Thomas & Skinner), Jack Lifton (Principal Founder, Technology Metals Research) Peter Dent (Vice President Electron Energy Corporation) and Rob Strahs (Vice President Arnold Magnetic Technologies).
Background
Ucore Rare Metals Inc. is a well-funded junior exploration company focused on establishing REE, uranium and other rare metal resources through exploration and property acquisition. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson ridge REE property in Alaska. The Bokan - Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in expediting mine production and limiting the capital costs associated with mine construction.

The Bokan properties are located in an area reserved for sustainable resource development with an existing road network providing access to the main target areas. REE mineralization at the Bokan-Dotson ridge project occurs in a well-demarcated vein system related to a Mesozoic Bokan peralkaline granitic complex. However, a number of other occurrences of REE mineralization are also located within, or at the margins of the complex. Viewed in a geological and geophysical context, the Bokan complex is a distinctive circular structure and is highly prospective for rare earths deposits.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, 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 exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Contact Information

Ucore Rare Metals Inc.
Mr. Jim McKenzie
President and Chief Executive Officer
(902) 482-5214
www.ucore.com

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Top producer Talison Lithium Concludes First Sales Contracts for 2012 with 15% Price Increase

Perth, Western Australia, December 5, 2011 – Talison Lithium Limited (“Talison” or the “Company”) (TSX: TLH | US: TLTHF) today announced that it has achieved 15% price increases for the first contracts concluded for calendar 2012 sales. The Company also provided an update on its Greenbushes Lithium Operations and proposed lithium minerals conversion plant.

Price Increases

Talison is currently engaging in discussions with its customers with regards to prices for calendar 2012 sales. A number of contracts have been concluded and price increases of 15% have been achieved for sales to customers in China, Europe, US and Japan across a range of lithium concentrate products.

The price increases reflect current lithium market dynamics and are consistent with Talison’s previously stated objective of pursuing prices that enable existing producers to justify the capital expenditure necessary to maintain a secure and growing supply of lithium in the future.  Talison is optimistic it will achieve similar price increases in the remaining sales contracts it is negotiating for calendar 2012. 

Greenbushes Stage 2 Expansion

The Stage 2 Expansion at the Greenbushes Lithium Operations continues to proceed on schedule and on budget.  Foundations for the new chemical-grade plant are substantially complete and installation of steel-work has commenced.

The Company continues to expect commissioning of the Stage 2 Expansion during Q4 FY2012.  Upon completion, the Stage 2 Expansion will more than double Talison’s current production capacity to approximately 740,000 tonnes per annum lithium concentrate (approximately 110,000 tonnes per annum lithium carbonate equivalent (“LCE”)).

Commencement of steel-work as part of the Stage 2 Expansion at the Greenbushes Lithium Operations.

Proposed Minerals Conversion Plant

Responding to growing global demand for an additional secure supply of lithium chemicals, particularly from electric vehicle battery manufacturers, Talison is aggressively pursuing its proposed plant to convert lithium minerals into lithium carbonate (“Minerals Conversion Plant”).

After a review of the status of the Minerals Conversion Plant yielded encouraging progress to date, the Talison Board approved starting the next phase of the project at a cost of A$3.7 million.

Commencing in early calendar 2012, the next phase of the project includes a detailed engineering study of a 20,000 tonnes per annum lithium carbonate plant located in Western Australia. Talison is targeting commissioning in FY2015 and anticipates making an investment decision on the project by the end of calendar 2012.

Discussions with potential customers for the Minerals Conversion Plant are continuing positively. Talison is currently focusing on customers located in the North Asia region and is receiving considerable encouragement to expedite development of the project.

 

Talison’s proposed Minerals Conversion Plant

 About Talison Lithium

Talison Lithium Ltd. (TSX: TLH | US: TLTHF) mines and processes lithium bearing mineral spodumene at Greenbushes near Perth, Western Australia. The company produces a range of lithium concentrates that are distributed to a well-established global customer base, including China.

The Greenbushes ore body is a highly mineralised zoned pegmatite with a strike length of more than 3km. The Greenbushes Lithium Operations Mineral Reserve is unique among known lithium deposits in that it contains approximately 50% spodumene.

The Greenbushes Lithium Operations have two processing plants located at the mining operations. One plant produces technical-grade lithium concentrates, the other produces chemical-grade lithium concentrate. In September 2010, Talison Lithium merged with Salares Lithium Inc which gave it exposure to prospective lithium brine projects in Chile.

 

TSX: TLH | US: TLTHF
http://www.talisonlithium.com/


Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this press release, including any information as to Talison's mineral reserve and mineral resource estimates, strategy, projects, plans, prospects, future outlook, anticipated events or results or future financial or operating performance, may constitute "forward-looking information" within the meaning of Canadian securities laws. All statements, other than statements of historical fact, constitute forward-looking information. Forward-looking information can often, but not always, be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "predicts", "potential", "continue" or "believes", or variations (including negative variations) of such words, or statements that certain actions, events or results "may", "could", "would", "should", "might", "potential to", or "will" be taken, occur or be achieved or other similar expressions concerning matters that are not historical facts. The purpose of forward-looking information is to provide the reader with information about management's expectations and plans. Readers are cautioned that forward-looking statements are not guarantees of future performance. All forward-looking statements made or incorporated in this press release are qualified by these cautionary statements.
Forward-looking statements are necessarily based on a number of factors, estimates and assumptions that, while considered reasonable by Talison, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Such factors, estimates and assumptions include, but are not limited to: anticipated financial and operating performance of Talison, its subsidiaries and their respective projects; Talison's market position; future prices of lithium or lithium concentrates; estimation of mineral reserves and mineral resources; realization of mineral reserve and mineral resource estimates; timing, amount and costs of estimated future production; grade, quality and content of concentrate produced; sale of production; capital, operating and exploration expenditures; costs and timing of the expansion of the Greenbushes Lithium Operations; exploration and development of the Salares 7 lithium project; costs and timing of future exploration; requirements for additional capital; government regulation of exploration, development and mining operations; environmental risks; reclamation and rehabilitation expenses; title disputes or claims; absence of significant risks relating to Talison's mining operations; the costs of Talison's hedging policy; sales risks related to China; currency; interest rates, and limitations of insurance coverage. While Talison considers these factors, estimates and assumptions to be reasonable based on information currently available to it, they may prove to be incorrect and actual results may vary.
Readers are cautioned that forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Talison and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risk factors include, amount others, those described in the unaudited condensed consolidated interim financial statements of Talison and the related notes thereto as at September 30, 2011 and for the three months ended September 30, 2011 and under the heading "Risk Factors" in the annual information form of Talison for the year ended June 30, 2011 dated September 23, 2011, each of which can be found on Talison's SEDAR profile at www.sedar.com. While Talison considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect and actual results may vary.
Although Talison has attempted to identify statements containing important factors that could cause actual actions, event or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this press release based on the opinions and estimates of management on the date statements containing such forward-looking information are made. Except as required by law, Talison disclaims any obligation to update any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

Contact Information

ICR, LLC - Investor Relations
Gary T. Dvorchak, CFA
Senior Vice President
+1 (310) 954-1123
Gary.Dvorchak@icrinc.com

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San Gold expands deposit base - drilling results

 San Gold Corp (TSX:SGR)  (NASDAQ - OTCQX:SGRCF)


WINNIPEG, MANITOBA--(Marketwire - Dec. 1, 2011) - San Gold Corp (TSX:SGR)(OTCQX:SGRCF) today announced the results of drilling conducted between January and October 2011 in and around the L10 Zone of the company's Rice Lake Mining Complex in Manitoba, Canada.

The L10 zone continues to demonstrate robust widths and grades as highlighted by drill hole #H955-11-114, intersecting 27.0 g/tonne over 5.0 metres at a depth of 416 metres and drill hole #H933-11-018, intersecting 115 g/tonne over 1.0 metre.

These results have expanded the area of known mineralization associated with the L10 zone to more than 1,000 m (3,300 ft) below surface, which is roughly equivalent to the depth of the 18 Level in the nearby Rice Lake Mine. The drilling program has also extended the strike length of the zone to more than 230 m (750 feet). As well, deeper drilling is demonstrating that these healthy widths and grades continue further to depth, as highlighted by drill hole #DX-11-009 intersecting 22.9 g/tonne over 5.4 metres at 569 metres below surface and by drill hole #DX-11-015 intersecting 7.1 g/tonne over 1.6 m at more than one kilometre below surface.

Numerous other significant intersections were also obtained outside of the projected limits of the L10 zone, representing potential new zones or extensions as presented in the plan view of the 16 Level of the Rice Lake Mine. This level is currently being utilized as a drill exploration platform but will also become an access and extraction level for the L10 area in 2012.

"This drilling supports our belief in the vast potential of the Bissett greenstone belt. It demonstrates robust grades located deep below the surface, accessible from existing infrastructure in the nearby Rice Lake Mine, and continues to confirm the geologic model that has been so successful for finding new gold deposits," said George Pirie, San Gold's President and Chief Executive Officer.

The drilling results released today cover 93 intercepts over 64 drill holes within the L10 mineralized envelop and projections of the zone to depth. A full listing of the drill holes carried out in the L10 Zone can be found in Table 1 of this release. Figures 1 to 5, which illustrate the location of drill holes and intercepts, can be found on the company web site (www.sangold.ca) and on SEDAR (www.sedar.com).

2011 Exploration Program

This drilling was carried out as part of San Gold's 2011 drill program. As of the end of October, the company had completed 300,000 metres of drilling within the Rice Lake Mining Complex. The Company's near-surface exploration activities in 2011 have focused on both exploration and definition drilling along the 007 Zone and within the L10, L13, SG-1 and Cohiba zones. Deep drilling has focused on extensions of the L10 and 007 zones, both from surface and from drilling stations on 16 Level and 26 Level in the Rice Lake Mine. Drilling within the Rice Lake Mine has focused primarily on definition drilling on 26, 28 and 31 Levels.

This program was carried out under the supervision of Dale Ginn, P.Geo., the Qualified Person for this project under National Instrument 43-101. The drill core was split, with half sent to TSL Laboratories in Saskatoon, SK and fire assayed with an AA and gravimetric finish. Whole metallic assays were performed on samples containing visible gold. Check assays were also performed on pulps and rejects by both TSL and by Accurassay Laboratories of Thunder Bay, ON. The core lengths are actual lengths as drilled and have not been adjusted for the true width of the mineralized zones.

About San Gold

San Gold is an established Canadian gold producer, explorer, and developer that owns and operates the Hinge, 007, and Rice Lake mines near Bissett, Manitoba. The Company employs more than 400 people and is committed to the highest standards of safety and environmental stewardship. San Gold is on the Toronto Stock Exchange under the symbol "SGR" and on the OTCQX under the symbol "SGRCF".

For further information on San Gold, please visit www.sangold.ca.

Cautionary Note

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain "forward-looking statements". All statements, other than statements of historical fact included in this release, including, without limitation, statements regarding forecast gold production, gold grades, recoveries, cash operating costs, potential mineralization, mineral resources, mineral reserves, exploration results, and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. These forward-looking statements include, but are not limited to, statements with respect to mining and processing of mined ore, achieving projected recovery rates, anticipated production rates and mine life, operating efficiencies, costs and expenditures, changes in mineral resources and conversion of mineral resources to proven and probable mineral reserves, and other information that is based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements.

There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include, among others, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of precious metals, as well as those factors discussed in the section entitled "Other MD&A Requirements and Additional Disclosure and Risk Factors" in the Company's most recent quarterly Management's Analysis and Discussion ("MD&A"). Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Exploration results that include geophysics, sampling, and drill results on wide spacings may not be indicative of the occurrence of a mineral deposit. Such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics, and economic potential to be classed as a category of mineral resource. A mineral resource that is classified as "inferred" or "indicated" has a great amount of uncertainty as to its existence and economic and legal feasibility. It cannot be assumed that any or part of an "indicated mineral resource" or "inferred mineral resource" will ever be upgraded to a higher category of resource. Investors are cautioned not to assume that all or any part of mineral deposits in these categories will ever be converted into proven and probable reserves.

Table 1: Full Listing of L10 Drilling Results (January-October 2011) (1)

----------------------------------------------------------------------------
                            From         To     Length         Au      Depth
Hole                         (m)        (m)        (m)  (g/tonne)        (m)
----------------------------------------------------------------------------
H955-10-093                395.8      398.3        2.4      32.75     465.73
----------------------------------------------------------------------------
and                        454.2      461.6        7.4       0.03     512.06
----------------------------------------------------------------------------
H955-11-097                385.9      386.8        0.9       5.86     406.88
----------------------------------------------------------------------------
and                        394.5      394.7        0.2       2.71     412.61
----------------------------------------------------------------------------
H955-11-098                380.5      380.8        0.3       3.67     423.73
----------------------------------------------------------------------------
and                        399.9      402.4        2.5       8.64     438.27
----------------------------------------------------------------------------
including                  399.9      401.4        1.4      13.99           
----------------------------------------------------------------------------
H955-11-099                411.2      414.4        3.2      10.80     488.29
----------------------------------------------------------------------------
H955-11-100                379.8      380.8        0.9       2.71     350.22
----------------------------------------------------------------------------
H955-11-101                                                                 
----------------------------------------------------------------------------
H955-11-102                385.3      386.7        1.5       4.08     389.84
----------------------------------------------------------------------------
and                        392.2      394.5        2.3       3.94     394.41
----------------------------------------------------------------------------
H955-11-103                385.9      389.1        3.3       2.67     401.73
----------------------------------------------------------------------------
H955-11-104                395.3      399.0        3.7       3.15     430.07
----------------------------------------------------------------------------
H955-11-105                405.4      408.4        3.1       3.29     453.02
----------------------------------------------------------------------------
including                  405.4      406.4        1.1       7.82           
----------------------------------------------------------------------------
H955-11-107                378.1      380.8        2.8       8.64     326.08
----------------------------------------------------------------------------
including                  380.0      380.8        0.8      29.42           
----------------------------------------------------------------------------
and                        383.3      384.6        1.2       2.16           
----------------------------------------------------------------------------
H955-11-108                383.4      384.8        1.3       5.28     350.00
----------------------------------------------------------------------------
H955-11-109                372.4      389.5       17.1       4.49     358.23
----------------------------------------------------------------------------
including                  372.4      375.5        3.0      13.99           
----------------------------------------------------------------------------
including                  382.6      389.5        7.0       4.39           
----------------------------------------------------------------------------
H955-11-110                386.4      389.5        3.1       4.59     385.94
----------------------------------------------------------------------------
H955-11-111                387.6      390.7        3.1       8.23     390.45
----------------------------------------------------------------------------
H955-11-112                390.5      391.8        1.3       0.99     408.37
----------------------------------------------------------------------------
H955-11-113                385.7      386.9        1.2       7.51     414.65
----------------------------------------------------------------------------
H955-11-114                385.6      390.5        5.0      26.99     416.36
----------------------------------------------------------------------------
H955-11-115                382.6      386.4        3.8       3.77     415.75
----------------------------------------------------------------------------
H955-11-117                367.7      369.6        1.9      16.39     327.32
----------------------------------------------------------------------------
H955-11-121                372.1      372.6        0.5       3.46     354.03
----------------------------------------------------------------------------
H955-11-122                375.1      380.1        4.9       4.83     412.91
----------------------------------------------------------------------------
H955-11-123                378.3      381.7        3.4       5.42     427.12
----------------------------------------------------------------------------
H955-11-124                377.2      383.7        6.5       6.89     442.26
----------------------------------------------------------------------------
H955-11-125                364.7      370.8        6.1       1.44     328.18
----------------------------------------------------------------------------
H955-11-129                368.9      371.3        2.4      14.26     399.81
----------------------------------------------------------------------------
and                        377.5      382.4        4.9       3.09     406.60
----------------------------------------------------------------------------
H955-11-130                370.3      371.2        0.8       0.34     400.65
----------------------------------------------------------------------------
and                        379.8      381.0        1.2       0.00     407.09
----------------------------------------------------------------------------
H955-11-131                371.9      372.2        0.3      39.47     424.05
----------------------------------------------------------------------------
and                        376.8      381.4        4.6       7.00     429.18
----------------------------------------------------------------------------
including                  380.3      381.4        1.1      13.27           
----------------------------------------------------------------------------
and                        397.0      399.3        2.3       0.38     442.92
----------------------------------------------------------------------------
H955-11-132                379.5      379.6        0.2       3.39     416.97
----------------------------------------------------------------------------
and                        420.8      421.1        0.3       5.01     444.40
----------------------------------------------------------------------------
and                        424.5      425.1        0.6       3.05     446.84
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
H955-11-139                407.4      410.0        2.5       1.10     180.35
----------------------------------------------------------------------------
and                        426.2      428.1        1.9       1.78     500.08
----------------------------------------------------------------------------
H955-11-140                410.5      413.4        2.9       2.40     479.45
----------------------------------------------------------------------------
H955-11-141                385.4      386.5        1.0       1.03     487.07
----------------------------------------------------------------------------
and                        418.8      419.2        0.4       3.43     516.03
----------------------------------------------------------------------------
H955-11-142                471.7      473.7        1.9       0.93     587.04
----------------------------------------------------------------------------
H955-11-143                458.7      461.5        2.9       2.02     543.59
----------------------------------------------------------------------------
and                        468.7      470.6        1.9       6.58     551.78
----------------------------------------------------------------------------
including                  468.7      469.4        0.7      14.23           
----------------------------------------------------------------------------
and                        519.8      521.1        1.3       3.70     595.05
----------------------------------------------------------------------------
H933-11-014                131.6      133.9        2.3       2.37     273.41
----------------------------------------------------------------------------
H933-11-015                134.5      136.0        1.5      37.92     292.39
----------------------------------------------------------------------------
including                  135.6      136.0        0.4     127.90           
----------------------------------------------------------------------------
and                        143.8      144.0        0.2      10.77     297.82
----------------------------------------------------------------------------
H933-11-016                125.0      126.3        1.2       2.06     275.39
----------------------------------------------------------------------------
and                        131.4      135.3        3.9       8.26     279.59
----------------------------------------------------------------------------
including                  133.7      135.3        1.7      17.49           
----------------------------------------------------------------------------
and                        142.0      142.3        0.3      18.83           
----------------------------------------------------------------------------
and                        150.9      152.4        1.5      13.20           
----------------------------------------------------------------------------
including                  151.5      151.9        0.4      39.67           
----------------------------------------------------------------------------
and                        154.3      154.7        0.5       9.46           
----------------------------------------------------------------------------
and                        159.2      159.9        0.7       4.73           
----------------------------------------------------------------------------
H933-11-018                125.6      130.6        5.0      23.42     250.39
----------------------------------------------------------------------------
including                  128.0      128.9        1.0     114.91           
----------------------------------------------------------------------------
and                        150.8      152.8        2.0       4.32     259.38
----------------------------------------------------------------------------
H933-11-020                129.8      130.2        0.4       3.94     276.33
----------------------------------------------------------------------------
and                        132.3      134.0        1.7       7.54     278.01
----------------------------------------------------------------------------
H933-11-021                128.7      130.4        1.7       5.49     266.70
----------------------------------------------------------------------------
H933-11-022                137.7      141.5        3.7       2.74     254.81
----------------------------------------------------------------------------
H933-11-023                111.0      113.1        2.0       1.23     277.67
----------------------------------------------------------------------------
H933-11-024                114.9      118.6        3.7       1.06     271.49
----------------------------------------------------------------------------
H933-11-025                119.2      122.3        3.1       0.51     260.63
----------------------------------------------------------------------------
H933-11-026                126.8      130.3        3.5       0.48     251.40
----------------------------------------------------------------------------
H933-11-028                121.4      125.1        3.6       0.14     283.74
----------------------------------------------------------------------------
H933-11-029                127.3      128.4        1.1       0.31     266.09
----------------------------------------------------------------------------
H933-11-030                137.8      139.1        1.3       0.03     250.91
----------------------------------------------------------------------------
H933-11-031                158.9      161.2        2.4       0.03     215.10
----------------------------------------------------------------------------
H933-11-032                119.7      124.4        4.7       0.03     284.38
----------------------------------------------------------------------------
H933-11-033                125.9      126.8        0.9       0.03     269.05
----------------------------------------------------------------------------
H933-11-034                146.3      158.6       12.3       0.24     247.92
----------------------------------------------------------------------------
H933-11-035                171.4      176.3        4.9       0.27     220.40
----------------------------------------------------------------------------
H933-11-039                126.2      126.4        0.2     183.21     242.62
----------------------------------------------------------------------------
and                        131.2      132.2        0.9       8.13     244.75
----------------------------------------------------------------------------
H933-11-040                131.2      131.6        0.5       0.62     292.61
----------------------------------------------------------------------------
H933-11-041                128.5      129.8        1.3       1.10     291.08
----------------------------------------------------------------------------
H933-11-042                                                                 
----------------------------------------------------------------------------
H933-11-043                121.0      124.9        3.8       0.72     259.99
----------------------------------------------------------------------------
DX-11-001                  668.4      669.9        1.5       1.78     400.81
----------------------------------------------------------------------------
and                        705.4      708.9        3.4       6.52     420.93
----------------------------------------------------------------------------
DX-11-006                  511.4      512.8        1.4      32.54           
----------------------------------------------------------------------------
and                        611.8      612.4        0.6       3.74           
----------------------------------------------------------------------------
and                        706.4      706.8        0.5      20.03           
----------------------------------------------------------------------------
and                        708.9      709.1        0.2      32.51           
----------------------------------------------------------------------------
DX-11-007                  521.4      522.2        0.9       8.85     445.50
----------------------------------------------------------------------------
DX-11-009                  595.6      601.1        5.4      22.87     569.34
----------------------------------------------------------------------------
including                  598.2      599.9        1.7      55.58           
----------------------------------------------------------------------------
and                        611.3      614.3        3.0       5.07     582.52
----------------------------------------------------------------------------
DX-11-015                 1079.9     1081.5        1.6       7.10    1006.68
----------------------------------------------------------------------------
DX-11-100                  799.1      801.9        2.8       1.51     602.29
----------------------------------------------------------------------------
                                                                            
(1)  Due to the exploratory nature of this exploration program and the      
     variable orientations of the high-grade mineralized zones, the         
     intersections presented herein may not necessarily represent the true  
     width of mineralization.

To view Figure 1 - 3D Illustration Looking East of Drill Holes into L10 Zone, please visit the following link: http://media3.marketwire.com/docs/sgrcf1201fig1.pdf.

To view Figure 2 - Longitudinal Section Looking North Showing Significant Pierce Points Nearby the L10 Zone, please visit the following link: http://media3.marketwire.com/docs/sgrcf1201fig2.pdf.

To view Figure 3 - 16 Level Plan View Showing Nearby Pierce Points and Spatial Relationships between Rice Lake Mine, Shoreline Basalt, and L10, L13 and 007 Zones, please visit the following link: http://media3.marketwire.com/docs/sgrcf1201fig3.pdf.

To view Figure 4 - 3D Illustration Looking North of Drill Holes into L10 Zone, please visit the following link: http://media3.marketwire.com/docs/sgrcf1201fig4.pdf.

To view Figure 5 - All Rice Lake Mining Complex Drilling Completed From January to October 2011, please visit the following link: http://media3.marketwire.com/docs/sgrcf1201fig5.pdf.


The TSX and the OTCQX exchanges have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION: San Gold Corporation Tim Friesen Communications Director 1 (204) 772-9149 ext. 202 or San Gold Corporation George Pirie President and CEO 1 (416) 214-0024 www.sangold.ca INDUSTRY: Manufacturing and Production - Mining and Metals

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• San Gold Reports Strong Quarterly Gold Production, Exploration Results, and Provides Notice of Third Quarter 2011 Financial Results Conference Call (retirefunds.blogspot.com)
• Brigus Gold Reports Additional High-Grade Gold Assays (retirefunds.blogspot.com)

Brigus Gold Reports Additional High-Grade Gold Assays

(Canadian Mid Tier Gold producer  Brigus Gold continues to expand footpront.)

5 hours ago by Business Wire

 Brigus Gold Corp. ("Brigus" or the "Company") (Nasdaq: BRD) (TSX: BRD) is pleased to announce that exploration drilling on the southern portion of the Black Fox Complex continues to return high-grade gold assays from the Contact Zone ("Contact Zone") as well as an intersection of ore-grade gold mineralization, hole GF11-337, in a new area of the Black Fox Complex.

Highlights from recent drilling at the Contact Zone include (all uncut, average gold grades over core length widths):

Hole Number Core Width (m)  Gold Assay (gpt)
-----------  --------------  ----------------
  GF11-238        11.32            3.54
-----------  --------------  ----------------
  including       3.00             7.15
-----------  --------------  ----------------
     and          1.00             7.75
-----------  --------------  ----------------
  GF11-241        4.55             2.91
-----------  --------------  ----------------
                  3.20             10.65
             --------------  ----------------
                  1.80             18.29
             --------------  ----------------
                  7.50             7.19
             --------------  ----------------
  GF11-243        6.00             2.95
-----------  --------------  ----------------
  including       3.00             5.23
-----------  --------------  ----------------
  GF11-265        2.00             36.45
-----------  --------------  ----------------
  including       1.00             69.19
-----------  --------------  ----------------
                  16.00            4.25
             --------------  ----------------
  including       3.00             12.21
-----------  --------------  ----------------
  GF11-259        12.00            3.31
-----------  --------------  ----------------
  including       4.00             5.85
-----------  --------------  ----------------
     and          3.00             4.02
-----------  --------------  ----------------
  GF11-261        2.30             20.55
-----------  --------------  ----------------
  GF11-264        0.50             46.36
-----------  --------------  ----------------
                  8.20             4.53
             --------------  ----------------
  including       3.00             8.60
-----------  --------------  ----------------
  GF11-316        14.00            1.87
-----------  --------------  ----------------
                  72.90            1.77
             --------------  ----------------
  including       18.00            3.54
-----------  --------------  ----------------

The ore-grade gold mineralization discovered in Hole GF11-337 was the result of drill testing underneath a distinct linear topographic low structure. This is the only hole that drill results have been received on to date. Further drill testing in this area will continue early in December. The mineralized intercept is highly brecciated with abundant quartz veins and fine grained pyrite hosted in mafic volcanics. This hole is located approximately 200 metres ("m") to the north of the Contact Zone.

Hole Number Core Width (m)  Gold Assay (gpt)
-----------  --------------  ----------------
  GF11-337             9.00              3.59
-----------  --------------  ----------------
  including            1.00             10.63
-----------  --------------  ----------------
     and               1.00              6.86
-----------  --------------  ----------------

"We are encouraged by the ongoing positive drill results on the southern portion of the Black Fox Complex. Both the 147 and Contact Zones continue to return excellent gold assays," said Howard Bird, Brigus VP Exploration. "We are also excited about the discovery of a potential new zone. Until now, there has only been limited historical exploration drilling between the Contact Zone and the Black Fox Mine. This four kilometre stretch has significant exploration potential."

The Black Fox Complex covers an area of approximately 18 square kilometres within the Timmins Mining District, Ontario. The Contact Zone consists of a steeply dipping gold mineralized fault contact between the north-south trending metasediments and mafic volcanic rocks, and other parallel hanging wall and footwall gold mineralized zones. The general dip of the feature is 78 degrees to the east. To date, Brigus has outlined an area of mineralization approximately 400 m in strike length at the Contact Zone that remains open along strike to the north and open at depth.

Twelve high-priority drill targets and 14 secondary targets have been identified through a 2010 Titan 24 deep induced polarization geophysical and magnetotelluric survey over the Black Fox Complex. Only one of these targets has been drilled to date. Additional drilling of these targets will be included as part of our exploration program going forward.

Drilling at the Black Fox Complex is progressing as planned to complete an initial NI 43-101 compliant resource estimate to be released in December on the 147 Zone and the Contact Zone with five drill rigs operating. Two drill rigs are infill drilling and testing along strike and down-dip on the Contact Zone, two drill rigs are expanding the 147 Zone, and one drill rig is focused on testing other known gold bearing structures, as well as, new potential gold bearing targets defined from the recent induced polarization and magnetic geophysical surveys.

Details of the most recent Contact Zone drill holes are posted on the Company's website at www.brigusgold.com.

Surface drilling was conducted by Norex Drilling and was supervised by the Brigus exploration team. All sample analyses reported herein were performed by Polymet Labs of Cobalt, Ontario, which is ISO 9001:2000 certified in North America using standard fire assay procedures. Intercepts cited do not necessarily represent true widths, unless otherwise noted. Brigus Gold's quality control checks include insertion of blanks, standards and duplicates to ensure laboratory accuracy. Senior Exploration Project Manager John A. Dixon, P. Geo., reviewed the technical exploration information in this release as the Qualified Person for the Company.

About Brigus
Brigus is a growing gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The Company operates the wholly owned Black Fox Mine and Mill in the Timmins gold district of Ontario, Canada. The Black Fox Complex encompasses the Black Fox Mine and adjoining properties, all in the Township of Black River - Matheson, Ontario, Canada. Brigus is also advancing its Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus has entered a transaction to sell 75% of its Ixhuatan silver-gold projected located in the state of Chiapas. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.

Cautionary and Forward-Looking Statements
Statements contained in this news release that are not historical facts are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the ability of the Company to achieve targeted gold production at its Black Fox Mine, including underground production, and cash costs, mill expansion results, meet capital construction schedules and costs, and the continuation of a rising gold price are forward-looking statements and estimates that involve various risks and uncertainties. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, the issue of permits, the size and quality of the company's mineral resources, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, and the financial results of the Company.
Important factors that could cause actual results to differ materially from these forward-looking statements include environmental risks and other factors disclosed under the heading "Risk Factors" in Brigus Gold's most recent Annual Information Form and Management Discussion and Analysis filed under the Company's name at www.sedar.com and annual report on Form 40-F filed with the United States Securities and Exchange Commission at www.sec.gov as well as elsewhere in Brigus' documents filed from time to time with the Toronto Stock Exchange, the NYSE Amex Equities, the United States Securities and Exchange Commission and other regulatory authorities. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.
SOURCE: Brigus Gold Corp.

Brigus Gold Corp. 
Jennifer Nicholson, CA 
Vice President Investor Relations 
902-422-1421 
jnicholson@brigusgold.com 
or 
Katherine Burgess 
Manager Stakeholder Relations 
902-422-1421 
kburgess@brigusgold.com

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Alberta Oil Sands Announces Clearwater Contingent Resource Evaluation

Image via WikipediaSEDAR: November 2011

Alberta Oilsands Inc. (“AOS” or the “Company”) (TSXV‐AOS) announces that GLJ Petroleum Consultants (“GLJ”) has recently completed a resource evaluation report (the “GLJ Report”) dated November 22, 2011 and effective September 30, 2011, for the Company’s Clearwater property, located south and east of the City of Fort McMurray.

The GLJ Report did not assign reserves. GLJ has assessed contingent resources of 373 million barrels in the best estimate case. The assessment reaffirms the magnitude and quality of the bitumen resources attributed to the Clearwater property and updates and supersedes all previous reports assigning probable reserves and contingent resources to the Company’s Clearwater property.

The GLJ Report was prepared using recently acquired information from AOS’ winter 2011 exploration program. The resource assessment includes bitumen resources attributed to the additional bitumen rights (“lands”) purchased by AOS in November of 2010. Approximately 6 sections of the AOS Clearwater lands are deemed to meet GLJ’s criteria for a contingent resource assessment. Consistent with AOS’ current intentions, the report is based on development of the resource using Solvent Low Pressure Steam Assisted Gravity Drainage (SLP‐SAGD).

The recoverable volumes have been classified as contingent resources, not reserves, pending successful piloting of the SLP‐SAGD technology, further delineation drilling, facility design, regulatory approvals and firm development plans. AOS continues to pursue regulatory approval for its SLP‐SAGD recovery project as the next step in bringing these resources to production.

About Alberta Oilsands Inc.
Alberta Oilsands is engaged in the exploration and development of bitumen in the Athabasca oil sands region of northeast Alberta. Its head office is located in Calgary, Alberta, Canada and Alberta Oilsands' common shares are traded on the TSX Venture Exchange under the trading symbol AOS.
For further information, please contact:
Jack Crawford, Chairman
(403) 232‐3341
E‐mail: jcrawford@aboilsands.ca
Andrew Constantinidis, Vice President Finance and Business Development
403‐538‐3191
Email: aconsta@aboilsands.ca
Website: www.aboilsands.ca.

Contingent resources are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from known accumulations using established technology or technology under development, but which are not currently considered to be commercially recoverable due to one or more contingencies. Contingencies may include factors such as economic, legal, environmental, political and regulatory matters or a lack of markets. It is also appropriate to classify as contingent resources the estimated discovered recoverable quantities associated with a project in the early evaluation stage. There is no certainty
that it will be commercially viable to produce any portion of the contingent resources described herein.

Cautionary Note Regarding Forward‐Looking Statements

Except for the statements of historical fact contained herein, certain information presented herein constitutes “forward‐looking statements”. The forward‐looking statements contained in this document are solely opinions and forecasts which are uncertain and subject to risks. Forward‐looking statements include but are not limited to uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward‐looking statements. These forward‐looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties, including, but not limited to: non‐performance of agreements in accordance with their terms; the impact of competition;
commodity prices; regulatory environment and inability to obtain required regulatory approvals; tax laws and treatment; the ability of the Company to raise sufficient capital to complete future projects and satisfy future commitments; labour and material shortages; and certa n other risks detailed from time to time in the Company’s public disclosure documents including, among other things, those detailed under the heading “Risk Factors” in the annual information form of the Company for the year ended December 31, 2010 dated May 31, 2011 which can be found at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are cautioned that the assumption used in the preparation of the forward‐looking statements, although considered reasonable at the time of preparation may prove to be imprecise and, as such undue reliance should not be placed on forwardlooking statements.

The forward‐looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaim any intention and assume no obligation to update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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