Millennia Resources AG
Millennia Resources AG agrees on CHF 5 million finance package for implementation of future growth plans
Millennia Resources AG / Agreement Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Hünenberg, Switzerland – May 26, 2008. Swiss company Millennia Resources AG ('Millennia' or the 'Company') has entered into an agreement with Capital Growth Consulting GmbH ('CGC') for a private placement having a volume of 5 million Swiss francs ('CHF'). By the end of 2008, as part of this cooperation, CGC will gain institutional investors for the financing of Millennia's further expansion plans as well as preparing, and assisting in, the negotiations concerning the acquisition of interests. The intention is to use the newly acquired funds for the further development of the existing resources and the expansion of the company. Thus, Millennia's CEO Rob Payne and his colleagues on the Executive Board have embarked on another milestone in the Company's corporate development. The planned investment is the outcome of the successful discussions with a large number of interested investors in April this year. The Company had already reported on these promising meetings in a corporate news item released on 18 April 2008. As a result of its expertise and network, CGC has access to a wide range of investors world-wide. Over the next few days and weeks, Millennia will release further information regarding the specific use of the funds and the Company's further plans. Rob Payne, CEO of Millennia Resources AG, commented on the envisaged round of financing by saying: 'We are thrilled to have found a partner who shares our vision for the future growth of Millennia. It is a clear indication of the value of our young company that – despite the difficult market environment – we were able to gain a renowned partner in CGC, who not only support us in the raising of further finance but also contribute their expertise and existing network to this cooperation.' Daniel Baumgarter, one of the partners at CGC, added: 'We believe in Millennia's potential and expect a stable growth development over the medium term. Investments in exploration businesses are arguably always associated with a certain degree of risk, as is the case for other industries. However, the analysis of the risk/reward profile has led us to believe that Millennia is an attractive investment option that we can present to our investors. Moreover, we have been very impressed with the management of Millennia and their highly innovative and targeted approach, which bodes well for the success of this venture.' About Millennia Resources AG: Established in 2007, Millennia Resources AG is a Swiss holding company engaged in the acquisition, exploration and development of mining projects around the globe, either independently or in cooperation with reputable partners. At present, the company's activities focus on Canada, where UVC Uranium Ventures Corporation, its most valuable asset, is based, operating out of Vancouver, British Columbia. This company possesses considerable potential in the IOCG+U (Iron Oxide Copper Gold + Uranium) segment, with deposits in the Canadian Northwest Territories. About Capital Growth Consulting GmbH: CGC GmbH is an independent consultancy company who assists companies in the search of finance and investors in the search for attractive investment opportunities. We facilitate contacts to investors and buyers and will be available to you throughout every corporate finance and development phase. Our integrated advisory concept is based on the expert knowledge and skills of our partners. Our advisory concepts are specifically designed for your venture and/or project in order to better advance your objectives and goals. Our contacts include private investors, private equity and venture capital companies, banks, asset managers and investment funds. But it is not just the strategy or the concept alone, rather it is the right action that leads to success. We consistently act in the best interest of our clients and successfully realize client ventures and projects. Be it the search for investors or the buying or selling of companies or real estate, designing succession planning or carrying out divestments – these transactions always involve a large number of parties. We include the client as well as the management and other decision-makers of the various negotiating parties in the process, in good time and as required, and coordinate all activities until successful completion. Our services center around the client's objectives - Customers/clients. We analyze your situation and provide you with a concrete offer. - The trusting cooperation between us and our customers/clients, in the spirit of partnership, is absolutely vital for success. - Trustworthiness and discretion are indispensable elements of our work. - Likewise, a professional approach and efficient processing are second nature to us. - We are committed to the development of realistic, promising and feasible concepts and measures, which are coordinated with our customers/clients along every step of the way. - We guarantee exclusivity for the mandates/projects taken on by ourselves. - We place great stock on continuity. Your contacts will be available to you from the successful conclusion of the relevant contracts until the later realization of the investment project (exit strategy). - The client determines the point in time when confidential project information and negotiation offers will be disclosed. - References will only be forwarded with the client's consent. - Our fee structure is clear and comprehensible. - We prepare a phase plan for each mandate, which clearly sets out the timeline and the individual milestones. In addition, CGC is engaged in the selling of real estate (residential constructions, apartment buildings, office buildings, shopping malls, hotel complexes, luxury villas and building plots. This includes both existing properties and construction projects). 26.05.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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