MSV Resources obtains its certificate of execution
03 Décembre 2007 - 6:26PM
PR Newswire (US)
MONTREAL, Dec. 3 /PRNewswire-FirstCall/ -- Campbell Resources Inc.
(TSX: CCH, OTC Bulletin Board: CBLRF) ("Campbell") is pleased to
announce that Raymond Chabot Inc., the Court appointed Monitor of
MSV Resources Inc. ("MSV") has certified that MSV has now fulfilled
all of its obligations with respect to its Plan of arrangement made
pursuant to the Companies Creditors Arrangement Act (the "CCAA")
and that a Certificate of Execution has been filed as at November
27, 2007. Both Campbell and GeoNova Explorations Inc. exited CCAA
earlier this year. Furthermore, The Quebec Superior Court has
granted Meston Resources Inc.'s ("Meston") request for an
additional extension to May 31, 2008 of the initial order granted
June 30, 2005 under the CCAA to allow Meston.to fulfil its
obligations under its Plan of arrangement. Campbell is a mining
company focusing mainly in the Chibougamau region of Quebec,
holding interests in gold and gold-copper exploration and mining
properties. Certain information contained in this release contains
"Forward-Looking Statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and is subject to certain
risks and uncertainties, including those "Risk Factors" set forth
in the Campbell's current Annual Report on Form 20-F for the year
ended December 31, 2006. Such factors include, but are not limited
to: differences between estimated and actual mineral reserves and
resources; changes to exploration, development and mining plans due
to prudent reaction of management to ongoing exploration results,
engineering and financial concerns; and fluctuations in the gold
price which affect the profitability and mineral reserves and
resources of Campbell. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date hereof. Campbell undertakes no obligation to release
publicly any revisions to these forward-looking statements to
reflect events or circumstances after the date hereof or to reflect
unanticipated events or developments. DATASOURCE: CAMPBELL
RESOURCES INC. CONTACT: Campbell Resources Inc.: Andre Fortier,
President and Chief Executive Officer, (514) 875-9037, Fax: (514)
875-9764, ; Renmark Financial Communications Inc.: Henri Perron, ;
Julien Ouimet, , (514) 939-3989, Fax: (514) 939-3717,
http://www.renmarkfinancial.com/
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