Orezone Added to Amex Gold Miners Index
21 Décembre 2004 - 7:28PM
PR Newswire (US)
Orezone Added to Amex Gold Miners Index OTTAWA, Dec. 21
/PRNewswire-FirstCall/ -- Orezone Resources Inc. (OZN:TSX, AMEX) is
pleased to announce that the Company has been added to the new Amex
Gold Miners Index as of December 20, 2004. The Amex Gold Miners
Index is a broad based barometer of the gold and silver mining
industry that is currently made up of 40 companies which meet
market capitalization and trading volume requirements. Over the
five year period from September 30, 1999 to September 30, 2004 the
index had a cumulative return of 93 per cent and an annualized
return of 14 per cent. Ron Little, President and CEO, stated that
"In the past year Orezone has made tremendous progress in
establishing itself as an emerging gold producer and obtaining an
Amex listing has increased our visibility with US investors. For
the last three months Orezone's average daily trading volume has
exceeded 500,000 shares with almost 40 per cent on the Amex." He
added that "We hope to see increased demand for the Company's
shares from index investors and from an Exchange Traded Fund should
one be established by the Amex." Orezone Resources Inc. (OZN:TSX,
Amex) is an emerging Canadian gold producer with three advanced
exploration projects in Burkina Faso, West Africa. Burkina Faso is
a politically stable part of one of the world's fastest growing
gold producing regions. Orezone's mission is to create wealth by
discovering and developing the earth's resources in an efficient
and responsible manner. FORWARD-LOOKING STATEMENTS: This news
release contains certain "forward- looking statements" within the
meaning of Section 21E of the United States Securities Exchange Act
of 1934, as amended. Except for statements of historical fact
relating to the company, certain information contained herein
constitutes forward-looking statements. Forward-looking statements
are frequently characterized by words such as "plan," "expect,"
"project," "intend," "believe," "anticipate", "estimate" and other
similar words, or statements that certain events or conditions
"may" or "will" occur. Forward- looking statements are based on the
opinions and estimates of management at the date the statements are
made, and are subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ
materially from those projected in the forward-looking statements.
These factors include the inherent risks involved in the
exploration and development of mineral properties, the
uncertainties involved in interpreting drilling results and other
geological data, fluctuating metal prices, the possibility of
project cost overruns or unanticipated costs and expenses,
uncertainties relating to the availability and costs of financing
needed in the future and other factors. The Company undertakes no
obligation to update forward-looking statements if circumstances or
management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking
statements. DATASOURCE: OREZONE RESOURCES INC. CONTACT: Ron Little,
President & CEO, ; Greg Bowes, Vice President, Corporate
Development, , (613) 241-3699, Toll Free 888 673-0663
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