TORONTO, May 10, 2013 /CNW/ - Castle Mountain Mining Company Limited (formerly, Foxpoint Capital
Corp.) (the "Company" or "Castle Mountain") is pleased to announce that effective at the opening of trading on
the TSX Venture Exchange ("TSXV") on May 14, 2013, the common shares of the Company will commence
trading on the TSXV under the trading symbol "CMM".
This follows the previously announced acquisition (the "Transaction") of Telegraph Gold Inc. ("Telegraph") by means of an amalgamation involving Telegraph and 2308800 Ontario
Inc., a wholly-owned subsidiary of Castle Mountain. The Transaction
constituted the Company's qualifying transaction pursuant to the
policies of the TSXV.
About Castle Mountain
Subject to certain obligations, Castle Mountain has 100% of the right,
title and beneficial interest in and to the Castle Mountain venture, a
California general partnership, which owns the Castle Mountain property
in San Bernardino County, California. The Castle Mountain heap leach
gold mine produced over one million ounces of gold from 1992 to 2001
when mining was suspended due to low gold prices. The Castle Mountain
venture land holdings (7,458 acres total) include patented claims
(1,298 acres), and unpatented claims (3,209 acres), covering
approximately 4,507 acres, plus additional leased claims of
approximately 2,951 acres. The Company is currently drilling
exploration targets at various locations on the property.
SOURCE: Castle Mountain Mining Company Limited
For further information:
Castle Mountain Mining Company
Gordon McCreary: President and CEO