/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE
TORONTO, Aug. 2 /CNW/ - (TSX: MLY, MLY.WT) - Sprott Molybdenum
Participation Corporation (the "Corporation") announces that it will host a
conference call via webcast to discuss its financial and operating results for
the three and six months ended June 30, 2007 on Thursday, August 9, 2007
commencing at 11:00 a.m. (EST). The call will be hosted by Eric Sprott,
President and Chief Executive Officer.
The Corporation's news release reporting its financial and operating
results for the period ended June 30, 2007 will be released after the market
closes on Wednesday, August 8, 2007 and will be available on SEDAR at
www.sedar.com and on the Corporation's website at www.sprottmoly.com.
To register for the webcast, please use the following link:
Interested persons who are unable to connect to the webcast can
participate by telephone in the conference call by dialling 416-340-8010 or
For further detailed instructions, please refer to the Corporation's
website at www.sprottmoly.com.
The webcast replay and podcast download will be available on the
Corporation's website within 24 hours of the conference call. Access
instructions are provided on the Corporation's website at www.sprottmoly.com.
About Sprott Molybdenum Participation Corporation
The Corporation is an investment holding company created to invest in
molybdenum assets. The primary investment objective of the Corporation is to
achieve capital appreciation by investing in securities of private and public
companies that explore for, mine and/or process molybdenum and by investing
in, holding, selling and otherwise transacting in all commercial forms of
molybdenum. It is not an investment strategy of the Corporation to actively
speculate with regards to short-term changes in molybdenum prices. The
Corporation's investment mandate will provide investors with several benefits.
It will provide investors with the opportunity to invest in commercial forms
of molybdenum, which is currently unavailable through an exchange. In
addition, it will provide investors with a diversified portfolio of securities
of private and public companies that explore for, mine and/or process
No securities regulatory authority has either approved or disapproved of
the contents of this news release. The securities being offered have not been
and will not be offered or sold in the United States or to, or for the account
or benefit of, a "U.S. person", as such term is defined in Regulation S under
the United States Securities Act of 1933, as amended. This press release is
for information purposes only and does not constitute an offer to sell or a
solicitation of an offer to buy any of these securities in the United States.
For further information:
For further information: please contact Investor Services at