Message #1 From:
NewsBot Date: November 27, 2006 04:39:00 PM
EMNG News CrossPoint Energy Company - Merger Closes
FRISCO, Texas--(BUSINESS WIRE)--Electrum Mining Limited (EMNG.OB) announced that the merger of
CrossPoint Energy, LLC, a Texas limited liability company, into
CrossPoint Acquisition, LLC, a subsidiary of Electrum Mining Limited,
closed today. In connection with the merger, Electrum Mining Limited has
changed its name to CrossPoint Energy Company and, effective as of the
opening of business today, its trading symbol on the OTC Bulletin Board
has been changed to CXPE.OB. The corporate office of CrossPoint Energy
Company is located at 2801 Network Blvd., Suite 810, Frisco, TX 75034
and the telephone number is (972) 818-1100.
Prior to the merger, Electrum Mining Limited completed a one share to
2.368 share reverse stock split, as described in the Information
Statement on Schedule 14C previously provided to each shareholder and
filed with the Securities Exchange Commission on October 11, 2006.
Electrum Mining Limited had 3,250,000 shares of Common Stock issued and
outstanding, prior to the reverse stock split.
