Resinco Capital Partners Inc.

Resinco Capital Partners Inc.

January 12, 2011 09:00 ET

Resinco® Capital Partners Inc. Acquires Securities of Pacific Coast Nickel Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 12, 2011) - Resinco® Capital Partners Inc. ("Resinco") (TSX:RIN)(FRANKFURT:L6V) announces that on January 6, 2011, it acquired ownership of an additional 1,500,000 common shares of Pacific Coast Nickel Corp. ("NKL") priced at $0.07 per share and 1,500,000 common share purchase warrants ("Warrants") exercisable, for a period of two years, into an equal number of common shares at $0.10 per Warrant. 

Prior to this transaction, Resinco owned or controlled 10,768,500 common shares of NKL.

As a result of this transaction, Resinco held, as at January 6, 2011, 12,268,500 common shares of NKL, representing 22.02% of all issued and outstanding common shares of NKL. If all the Warrants were to be exercised, Resinco's holdings would total 13,678,500 common shares of NKL, or approximately 23.91% of all issued and outstanding common shares calculated on a partially diluted basis assuming the exercise of Resinco's warrants only.

This transaction was made for investment purposes and Resinco could increase or decrease its investments in NKL depending on market conditions or any other relevant factors.

About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit

On behalf of the Board of Directors


John Icke, President and 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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

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