|February 08, 2011|
Armadillo Commences Trading on Canadian National Stock Exchange (CNSX)
|February 8, 2011, Vancouver, BC - (TSX.V: ARO) Les Kjosness, President & CEO, is pleased to announce the Company has co- listed its securities on the Canadian Securities Stock Exchange (CNSX) and its shares will commence trading at 12:00 p.m.(EST) today. The Company's trading symbol remains the same (CNSX: ARO).|
Based in Vancouver, BC, the Company's mandate is to acquire, explore and develop base and precious metals properties throughout North & South America. We have joint ventured with Silver Phoenix Ltd., a CNSX listed company to develop the Waverley-Tangier silver/zinc/lead property in the Revelstoke Mining District, British Columbia. In July 2010, we purchased a 100% interest in the LD gold property located southeast of Atlin, BC from a privately held group. In addition, we have negotiated an acquisition in the Amazon Basin of northern Brazil of approximately 860,000 hectares of processos minerais (exploration concessions). The property encompasses 116 claims in the states of Amazonas, Mato Grosso and Rondonia.
Management is preparing a work program on several exploration fronts in both Canada and Brazil. This will be available to shareholders and the general investing public shortly. Information on the Brazil property will also shortly be posted on our website.
On behalf of the Board,
President and Director
For further information:
Les Kjosness: 604-408-6500
Kirsti Mattson: 604-202-2484 media
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The CNSX also has neither approved nor disapproved of same. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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