All American Resources LLC

August 21, 2006 13:42 ET

All American Resources LLC and its' Principals Increase Their Stake in New Dimension Resources Ltd. 'TSX VENTURE:NDR'

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 21, 2006) -

Mr. Thomas J. Menning of All American Resources LLC

All American Resources LLC and its' principals have acquired a total of 863,000 common shares of New Dimension Resources Ltd. (TSX VENTURE:NDR). The shares were acquired in a series of open market transactions conducted through the Vancouver Exchange representing approximately 12 percent of the outstanding shares of New Dimension Resources Ltd. and were purchased at market prices ranging from .22 cents per share to .50 cents per share.

The calculations regarding the percentage of ownership are based solely on the number of shares as reportedly issued by New Dimension Resources Ltd. 7,439,139.

All American Resources LLC is an investment company with substantial real estate holdings in Nevada and California coupled with patented mining claims and mineral royalty interests.

All American Resources LLC has acquired the New Dimension Resources Ltd. shares for investment purposes only. Depending on market conditions and other factors, All American Resources LLC may from time to time acquire additional securities of New Dimension Resources Ltd. or dispose of such securities in the open market, by private placement or otherwise.

Contact Information

  • All American Resources LLC
    Mr. Thomas J. Menning
    (775) 287-1664