SOURCE: Longview Capital Partners Incorporated

June 14, 2007 08:30 ET

Longview Capital Partners Proud to Announce Investor 500 Results

A Founding Investor in #3 Top Micro-Cap Company in Canada

VANCOUVER, BC--(Marketwire - June 14, 2007) - Longview Capital Partners Inc. (TSX-V: LV) is pleased to report that Canadian Business Magazine has ranked Oriental Minerals Inc. (TSX-V: OTL) #3 among the top 20 Micro-Cap Companies in Canada with a total 1-year return of 1,717.6%.

Oriental Minerals, a core, actively managed investment for Longview, is focused on South Korea and owns the Sangdong tungsten/molybdenum mine, as well as significant other mineral opportunities in the country. Longview Capital Partners' initial financing of $1.4 million into Oriental Minerals has been followed by a Longview Capital Partners-led financing of $8.4 million to start development of these properties. The current market capitalisation of Oriental Minerals is $150 million.

This is the second time Longview Capital Partners' companies have appeared in the top 10 list of Canadian Business Magazine's Micro-Cap Companies. In 2006, Tournigan Gold Corp. (TSX-V: TVC) and Bayswater Uranium Corp. (TSX-V: BAY) appeared on the Micro-Cap list. Bayswater Uranium was ranked second with a total 1-year return of 1,322%, and Tournigan Gold came in fifth with a total 1-year return of 1,127%.

About Longview

Longview Capital Partners is an investment company creating long-term shareholder value by capitalizing on early stage opportunities in the natural resource sector, and having the resultant earnings growth recognized in its share price. Longview Capital Partners had earnings per share of $0.47 in 2006, and earned $0.24 in the first 3 months of 2007.

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

  • For More Information, Contact:
    Spiro Kletas
    Investor Relations
    604 681-5755