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Article: El Capitan Precious Metals Signs Agreement With IBK Capital Corp.; IBK Capital to Assist Company in Evaluating Strategic Options Regarding its El Capitan Property.
- Article from:
- Business Wire
- Article date:
- July 16, 2003
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Business Editors
ENGLEWOOD, Colo.--(BUSINESS WIRE)--July 16, 2003
El Capitan Precious Metals, Inc. (OTCBB: ECPN) announced today it has signed a non-exclusive agreement, in association with its largest stockholder Gold and Minerals Co., Inc., with IBK Capital Corp. ("IBK Capital") of Toronto, Ontario, Canada, to assist the companies with strategic options that may include merger, joint venture or possible sale of the El Capitan mining property near Capitan, New Mexico.
The term of the agreement is for a period of six months. IBK Capital is a prominent investment banking firm that primarily focuses on the mining sector.
"We are very ...
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