Byron Capital Markets

Byron Capital Markets

February 05, 2010 10:18 ET

Byron Capital Markets Initiates Coverage on Madalena Ventures Inc. With a Speculative Buy Rating and a Target Price of $1.50

TORONTO, ONTARIO--(Marketwire - Feb. 5, 2010) - Byron Capital Markets, a division of Byron Securities Limited, is pleased to announce that it has initiated coverage today on Madalena Ventures Inc (TSX VENTURE:MVN) with a Speculative Buy rating and a target price of $1.50.

In this 20-page research report, energy analyst Guy Gordon gives a comprehensive overview of the company and speaks to the company's properties in Tunisia and Argentina.

This report further exemplifies Byron Capital Markets' continuing commitment to research and, in particular, its ongoing efforts in the energy space.

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