Vancouver, BC, April 16, 2014 - European Ferro (CSE:EFM) is one of the latest new listings on the Canadian Securities Exchange, formerly known as the Canadian National Stock Exchange, and is trading under the symbol "EFM". The company is engaged in the acquisition, exploration and development of mineral resources and currently has an option to acquire a 40% interest in a set of gold prospective claims in Whitehorse, Yukon Territory.
InvestmentPitch.com has produced a "video news alert (http://www.investmentpitch.com/video/0_wcisum4r/European-Ferro-CSE-EFM-New-Listing)" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com (http://www.InvestmentPitch.com) and enter "Ferro" in the search box.
The Wels Gold Property, located 50 kilometers east of Beaver Creek and 180 kilometres south of Dawson City, consists of 132 contiguous claims, covering an area of 2,758 hectares.
With its stock exchange listing complete, the company has retained a geological consultant and intends to aggressively build its portfolio of properties with an initial focus to find and evaluate mineral production and exploration opportunities in Turkey and Albania.
Concurrent with the listing, the company announced the closing of a small private placement of 500,000 shares at $0.50, raising $50,000.
The shares are currently bid at $0.45, and with 8.6 million shares outstanding, the company is capitalized at $3.9 million. For more information, please visit the company's website www.europeanferro.com (http://www.europeanferro.com), or contact Justin Blanchet, CFO, at 604-787-8875 or email jblanchet@redfernconsulting.ca (mailto:jblanchet@redfernconsulting.ca).
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