Penny Stocks | Investing Online - View Single Post - AAA Energy Inc. Expands Portfolio to Include Large Molybdenum Prospect

A5dav · Sun, 09-02-2007, 04:12 PM

AAA Energy Inc. Acquires Large Molybdenum Prospect
6:00a ET August 30, 2007 (Market Wire)

AAA Energy Inc. (OTCBB: AAAE), a natural and mineral resource exploration company focused on discoveries in emerging energy frontiers and under-explored resource horizons, is pleased to announce that further to its news release dated June 11, 2007, the Company has executed a mineral property option agreement to acquire Salal Creek, a highly prolific molybdenum prospect located in British Columbia.

Under the terms of the agreement with George Owsiacki and Garry Payte of Victoria, BC, the Company will pay up to $225,000 in cash and issue up to 500,000 common shares in the capital of the Company in order to exercise its option to purchase the Salal Creek Molybdenum Prospect, located in the Lillooet Mining Division of British Columbia.

The Salal Creek prospect, originally discovered by Phelps Dodge, is underlain by a quartz monzonite body, the Salal Creek stock, which covers an area of about 60 square kilometers. Molybdenite is concentrated in two zones, one in the northern part of the stock and the other in the southern part.

The Salal mineral claims cover the southern part of a 25 square mile stock which has the major target on the property, known as Float Creek. The Float Creek area is strategically located on the southwest end of a molybdenum anomaly which measures 2100 by 5200 metres.

Management intends to undertake additional geochemical sampling and mapping programs on the property in September.

Further Information

Please feel free to call investor relations toll-free at 1-877-990-1122 to receive a full corporate investor's package.

#Outstanding Shares 34,272,000 as of Oct 27, 2006

State Of Incorporation NV

shs increased by 6 for 1 split. Payable upon surrender Ex-Date: Aug 15, 2006

Formerly=AAA Minerals, Inc. until 8-06

HTML Code:

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=aaae#getCompanyInfo

Aug 31, 2007 (M2 PRESSWIRE via COMTEX) -- StandoutStocks.coms "Stocks that Standout Alert" this Morning are: AAA Energy Inc (OTC BB: AAAE)

Philadelphia, PA, Aug 30, 2007 (M2 PRESSWIRE via COMTEX) -- Bullish Alerts is currently monitoring the following Stocks:AAA Energy Inc.

Aug 30, 2007 (M2 PRESSWIRE via COMTEX) -- SANTA BARBARA, CA.-- BoonMarket.com announced today their renewed interest in AAA Energy Inc.

Sun, 09-02-2007, 04:12 PM	#2 (permalink)
A5dav Extra Super Member Join Date: Jan 2006 Posts: 9	AAA Energy Inc. Acquires Large Molybdenum Prospect 6:00a ET August 30, 2007 (Market Wire) AAA Energy Inc. (OTCBB: AAAE), a natural and mineral resource exploration company focused on discoveries in emerging energy frontiers and under-explored resource horizons, is pleased to announce that further to its news release dated June 11, 2007, the Company has executed a mineral property option agreement to acquire Salal Creek, a highly prolific molybdenum prospect located in British Columbia. Under the terms of the agreement with George Owsiacki and Garry Payte of Victoria, BC, the Company will pay up to $225,000 in cash and issue up to 500,000 common shares in the capital of the Company in order to exercise its option to purchase the Salal Creek Molybdenum Prospect, located in the Lillooet Mining Division of British Columbia. The Salal Creek prospect, originally discovered by Phelps Dodge, is underlain by a quartz monzonite body, the Salal Creek stock, which covers an area of about 60 square kilometers. Molybdenite is concentrated in two zones, one in the northern part of the stock and the other in the southern part. The Salal mineral claims cover the southern part of a 25 square mile stock which has the major target on the property, known as Float Creek. The Float Creek area is strategically located on the southwest end of a molybdenum anomaly which measures 2100 by 5200 metres. Management intends to undertake additional geochemical sampling and mapping programs on the property in September. Further Information Please feel free to call investor relations toll-free at 1-877-990-1122 to receive a full corporate investor's package. #Outstanding Shares 34,272,000 as of Oct 27, 2006 State Of Incorporation NV shs increased by 6 for 1 split. Payable upon surrender Ex-Date: Aug 15, 2006 Formerly=AAA Minerals, Inc. until 8-06 HTML Code: http://www.pinksheets.com/pink/quote/quote.jsp?symbol=aaae#getCompanyInfo Aug 31, 2007 (M2 PRESSWIRE via COMTEX) -- StandoutStocks.coms "Stocks that Standout Alert" this Morning are: AAA Energy Inc (OTC BB: AAAE) Philadelphia, PA, Aug 30, 2007 (M2 PRESSWIRE via COMTEX) -- Bullish Alerts is currently monitoring the following Stocks:AAA Energy Inc. Aug 30, 2007 (M2 PRESSWIRE via COMTEX) -- SANTA BARBARA, CA.-- BoonMarket.com announced today their renewed interest in AAA Energy Inc.