Agoracom Blog

New Dawn Mining (ND:TSX) Receives US$2.24 Million from Sale of Reserve Bank of Zimbabwe Bonds

Posted by AGORACOM at 4:01 PM on Monday, October 26th, 2009

(ND:TSX)

It seems like Ian Saunders and his team over at (AGORACOM Client) New Dawn Mining can’t stop releasing the kind of great news investors look for in junior gold companies.

As always, assume I am horribly conflicted when it comes to our clients, so have a look at the highlights of this press release and the bullet point highlights below.  First, the headline: New Dawn Mining Corp. receives US$2.238 Million from Sale of Reserve Bank of Zimbabwe Bonds

Highlights Include:

·Receipt of US$2,238,000 from sale of RBZ Bonds

·Cash resources increase by approximately 90%

·New Dawn – A Zimbabwe gold producer with zero long-term debt, profitable operations and positive cash flow

Click on link below to read entire press release:

New Dawn Mining Corp. receives US$2.238 Million from Sale of Reserve Bank of Zimbabwe Bonds

Link to Hub / Link to Profile / Link to Forum

Congratulations again to Ian and the entire New Dawn Mining team.

Regards,
George

2 Responses to “New Dawn Mining (ND:TSX) Receives US$2.24 Million from Sale of Reserve Bank of Zimbabwe Bonds”

  1. Assyrian says:

    Happy to see a company put profits back into the company:

    “The sale proceeds will allow New Dawn to evaluate opportunities to accelerate development at its producing Turk gold mine, as well as to consider other development opportunities in Zimbabwe.”

  2. JC says:

    Nice to see some additional cash going to the kitty!