Premium Exploration Inc.

Premium Exploration Inc.

May 13, 2008 15:09 ET

CCM Research Issues Technical Research Report on Premium Exploration, Inc.

TORONTO, ONTARIO--(Marketwire - May 13, 2008) - CCM Research Chief Technical Analyst, Jason Suttmeier, has written a technical research report on Premium Exploration, Inc.

Premium Exploration (TSX VENTURE:PEM) is a precious metals exploration company focused on exploration in North America. The Company has assembled an innovative and experienced management and advisory team who are committed to the long-term success of the company. Premium's goal is to discover precious metal deposits that are strategically located in areas that would allow their profitable extraction with minimal political, social or environmental risks. Current holdings are in Mexico and the USA.

In the report the analyst states:

"Premium Exploration Inc. (PEM) is currently trading under the key 5- week modified moving average at 0.356..."

"My model shows weekly support at 0.280 with my quarterly pivot at 0.374 and monthly resistance at 0.513."

"The 50- week and 21- week moving averages provide additional resistances at 0.430 and 0.456."

A free copy of the report can be found at:

CCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Corporate Advisory division, entered into a one year $42,500.00 contract with the Company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies, including: share illiquidity, lack of credibility, and stagnant market capitalization.

Cronus Capital Markets® (CCM) is a leading capital market services firm providing services to investors, institutions, exchanges, and public companies. CCM's equity research, indexes, and ETFs receive international attention and represent important new sectors of growth.


The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

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