Longview Strategies Inc.

Longview Strategies Inc.

May 15, 2006 10:13 ET

Longview Proud to Announce Investor 500 Results

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 15, 2006) -

A founding investor in #2 and #5 top Micro-Cap companies in Canada

Longview Strategies Inc. (TSX VENTURE:LV) is pleased to announce that two of its core, actively-managed investments have been named to Canadian Business Magazine's Best Micro-Cap Companies.

Bayswater Ventures Corp. (TSX VENTURE:BVE) was second with a total 1 year return of 1,322%, with Tournigan Gold Corporation (TSX VENTURE:TVC) came in fifth with a total 1 year return of 1,127%. Both companies are to be complimented on their excellent management teams, which have provided shareholder returns that are clearly exceptional.

Bayswater began as a shell, which Longview Strategies focused on pure uranium exploration, with large land holdings in Labrador, the North and Niger. Bayswater now has a market capitalization of $35 million. Longview has also assisted with both a $10 million financing for Bayswater and arranging the proposed merger between it and Pathfinder Resources Ltd.

Tournigan also began as a shell, with Damien Reynolds brought on to re-structure the company in 2000. The company has been successfully positioned to become an operating gold and uranium company in Europe and Tournigan's market capitalization has grown from $500,000 to over $300 million, with a total of $67 million in financings.

Longview Strategies is a merchant bank with a particular focus on natural resources and renewable energies. The CEO of Longview Strategies, Damien Reynolds said, "I consider myself fortunate to be associated with both Tournigan and Bayswater. Having been involved on each executive team from the beginning, I am confident that both companies will be even more successful in the future. Longview looks forward to continuing its fruitful relationship with both".

On behalf of the Board of Directors, Damien Reynolds, Chairman & CEO

Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy and accuracy of this release.

Contact Information

  • Longview Strategies Inc.
    Garry Stock
    Chief Financial Officer
    (604) 681-5755
    (604) 683 8340 (FAX)