Canadian Mining Lists on Frankfurt Exchange and Awards Drilling Contract
Symbol: CNG - TSX.V
VANCOUVER, Sept. 27, 2012 /CNW/ - Canadian Mining Company Inc. (TSX.V: CNG; the "Company") is pleased to announce that the Company has been accepted for a listing on the Frankfurt Stock Exchange, one of the largest in the world. Canadian Mining's listing has been assigned the symbol ZEO, which reflects the Company's strong interest in zeolite as an important industrial mineral. The symbol ZEO will be readily recognized in Europe as they have a long history of using zeolites.
Germany's coalition government made the decision May 30, 2011 to shut down all of the country's nuclear power plants by 2022, a policy change prompted by Japan's nuclear disaster, the environment minister said. Zeolites are a major component in radiation containment. German investors have a keen awareness of zeolites, as they have been used in agriculture and vineyards all over Europe for decades.
In conjunction with various financing options, Canadian Mining reports that the Company's Qualified Person, John Beck of Beck and Associates has awarded the drilling contract for the Sun Group Zeolite Project. Mobilization of drilling equipment, site set-up including core station is being scheduled for mid-October 2012. The Company's 2012 Emergency Preparedness Plan has been filed with the Ministry of Mines and will be provided to all personnel and contractors on site.
As previously reported, having a compliant 43-101 Resource Report will not only establish the size and grade of the zeolite deposit but will assist the Company in certifying its zeolite for use by Municipalities, organic growers, vineyards, composting, animal waste treatment and radioactive containment.
On behalf of the Board
Ray Paquette CEO
604.684.3301
Please see our web site for additional details: www.canadianmining.ca
Neither 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.
SOURCE: Canadian Mining Company Inc.
Ray Paquette CEO
604.684.3301
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