 | | | June 19, 2008
North American Tungsten Ranked #8 in the Mining Sector "2008 TSX Venture 50"
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| | North American Tungsten Corporation Ltd. (TSX-V: NTC) (the "Company") is pleased to announce their inclusion in the "2008 TSX Venture 50". The Company is ranked number 8 in the mining sector.
Mr. Leahy, CEO and Chairman stated: "This is a significant accomplishment for our Company and a testament to the incredible efforts of all our personnel. In addition, we thank our shareholders and our financing partners for their steadfast belief in our vision."
The TSX Venture 50 are the top 10 companies in each of five major industry sectors - mining, oil & gas, technology & life sciences, diversified industries and cleantech - based on a ranking formula with equal waiting given to one-year revenue (last reported 12 months), return on investment, market cap growth and trading volume. All data was as of December 31, 2007.
This project was initiated to provide awareness to the Canadian investment community on the quality companies that are listed on the Exchange and that are using public venture capital to grow their companies.
The 2008 TSX Venture 50 was published in The Globe and Mail on Thursday, June 19th across Canada.
The 2008 TSX Venture 50TM was compiled based on public historical data and is not an invitation to purchase securities listed on Toronto Stock Exchange and/or TSX Venture Exchange. TSX Group Inc. and its affiliates do not endorse or recommend any securities referenced in this ranking. Neither TSX Group Inc., nor its affiliated companies represent, warrant or guarantee the accuracy or completeness of the information. You should not rely on this information contained herein for any trading, business or financial purposes. TSX Group Inc. and its affiliates assume no liability for any errors or inaccuracies herein or any use or reliance upon this information.
ABOUT NORTH AMERICAN TUNGSTEN CORPORATION LTD
The Company is a publicly listed Tier 1 Junior Resource Company engaged primarily in the operation, development, and acquisition of tungsten and other related mineral properties in Canada. The Company's 100% owned Cantung mine and Mactung development project make it one of the few tungsten producers with a strategic asset in the western world. Mactung is one of the world's largest known undeveloped high grade tungsten-skarn deposits.
ON BEHALF OF THE BOARD OF DIRECTORS
"Stephen M. Leahy"
Stephen M. Leahy
Chairman & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Cautionary Note The Company relies upon litigation protection for "forward-looking" statements.
INVESTOR CONTACT:
Toni Williamson
Corporate Geologist
info@natungsten.com
Phone: +1.604.684.5300 Fax: +1.604.684.2992 |
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| | You can view the Next News Releases item: Wed Jul 23, 2008, North American Tungsten Corporation Ltd. Announces Financing
You can view the Previous News Releases item: Tue Jun 3, 2008, North American Tungsten Announces Additional High Grade Cantung Drill Results Including 2.6Ft At 9.18% WO3 And 30Ft At 3.47% WO3
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