Portage Minerals Inc.

Portage Minerals Inc.

November 08, 2010 18:46 ET

Portage Minerals Inc. Going Public on CNSX; Currently Attending 'Exploration, Mining and Petroleum NB 2010' in Fredericton'

ST. ANDREWS, NEW BRUNSWICK--(Marketwire - Nov. 8, 2010) - As previously announced, Rockport Mining Corp., a private New Brunswick corporation, has finalized its amalgamation with Portage Minerals Inc. ("Portage"). The common shares of Portage will commence trading on the Canadian National Stock Exchange ("CNSX") as a mining issuer under the trading symbol "RKX" on November 11, 2010.

Rockport was founded in 2007 as a private mineral exploration corporation exploring for gold and other metals in Eastern Canada. The Company's assets include the Golden Ridge property and the Clarence Stream property (under joint venture options with Freewest Resources Canada Inc.); the Bald Hill property, a 100% owned antimony discovery; Golden Pike, and the Annidale Gold belt, both 100% owned. Rockport has other earlier-stage properties including Armstrong Brook, Wilson's Hill, Oak Bay, and Mount Pleasant south. Portage's properties included in the amalgamation consist of two iron ore prospects in Ontario, Minnitaki and Cotton Lake.

Roger Dahn, Vice President - Exploration is available to meet investors and the media until tomorrow, November 9th at the Exploration, Mining and Petroleum New Brunswick 2010 convention taking place at the Delta Hotel in Fredericton.

It is expected that, upon shareholder approval, Portage Minerals will be renamed Rockport Mining Corporation.

The CNSX is an innovative new stock exchange for trading the securities of public companies. CNSX's unique market model matches enhanced disclosure and streamlined issuer regulation with leading edge technology and comprehensive regulatory oversight to meet the needs and characteristics of public companies, their investors and investment dealers.

Roger Dahn, P. Geo. (New Brunswick), is the Qualified Person as defined by NI 43-101 responsible for the geological disclosure in this news release.

The CNSX has not approved and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Portage Minerals Inc.
    Ken Hight
    President and CEO
    (506) 529-8206
    (506) 529-8595 (FAX)