CALGARY, Sept. 12 /CNW/ - Stealth Ventures Ltd. (Stealth) and Golden Hill
International Holdings Ltd.(Golden Hill) of Hong Kong, a private company, have
reached agreement on a Management Services Contract for an early stage CBM
exploration and development project in Xinjiang Uygur Autonomous Region of
Western China. Stealth will provide expert personnel and oversight for fees
and will acquire a minor equity position in Golden Hill.
Exploration permits have been issued to Xinjiang Huamei Coal Company
(Huamei) covering 2,300 square kilometers of prospective CBM properties. A
majority of the shares of Huamei are owned by Golden Hill.
Stealth is a Calgary-based junior oil and gas company whose expertise and
focus is on unconventional gas reserves including CBM, shale gas and tight gas
STEALTH VENTURES LTD.
"W. Robert Bell"
Per: W. ROBERT BELL
Chief Executive Officer
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS NEWS
RELEASE MAY CONTAIN FORWARD-LOOKING INFORMATION. ACTUAL FUTURE RESULTS
MAY DIFFER MATERIALLY FROM THOSE CONTEMPLATED.
For further information:
For further information: W. Robert Bell, CEO, Mark J. Roth, CFO, Stealth
Ventures Ltd., Tel.: (403) 514-9998, Fax: (403) 514-9995, Email:
email@example.com; Investor Relations, First Canadian
Capital Corp, Tel.: (416) 742-5600, Tel.: (866) 580-8891, Emails: