Website launched today at http://www.longviewtechnical.com
VANCOUVER, BRITISH COLUMBIA, Dec 14, 2006 - Longview Capital Partners Incorporated (TSX VENTURE: LV)(FWB: L6V) has formed Longview Technical, a global group of exploration and mining industry professionals with world-wide experience in all minerals and all stages of exploration, resource development and mining. Created to serve an existing gap in available technical expertise in this sector, Longview Technical brings together for the first time a network of contacts, project generation skills and operational ability providing Longview Capital Partners with a significant advantage in the resource investment world.
"Longview Technical is exciting because it brings together over 30 of the world's top technical experts in the resource industry. We believe that this has never been achieved before within an investment group such as ours," said Damien Reynolds, Chairman and CEO. "With the creation of Longview Technical, Longview Capital Partners will continue to lead the field and bring increased value to its investors as it creates one of the world's great global resource groups."
Longview Technical, a wholly-owned subsidiary of Longview Capital Partners, will create value by capturing top quality mineral project opportunities. New opportunities will be investigated in any/all mineral commodities, evaluated by a multi-disciplinary team and then acquired by Longview Capital Partners. Longview Capital Partners will, in turn, add value by taking the assets public by way of an IPO or sale to a public company, retaining a significant equity position.
The current team roster can be viewed at http://www.longviewtechnical.com and is organized into 3 divisions:
- Deals & Acquisitions;
- Geology & Exploration; and
- Engineering & Evaluations
The combination of the team at Longview Capital Partners with the team at Longview Technical provides investors with a complete solution to value investing in the resource sector today.
Longview Technical is the natural evolution of the initial concept behind Longview Capital Partners, to be one of the pre-eminent resource finance houses in the world. Founded in August 2005 by Damien Reynolds, Longview Capital Partners has delivered above-average returns by focusing on people, structure and assets. Longview Capital Partners' total assets grew over 500% from inception to September 30, 2006 with nine-month return on equity of 68% and profit of $0.20 per share. The creation of Longview Technical is the next stage in the continuation of this growth.
Longview Capital Partners has been successful by founding or investing in companies that are run by highly accomplished management teams. These companies include Tournigan Gold, Buffalo Gold, Bayswater Uranium, Oriental Minerals, Cue Capital and most recently Waratah Coal. Each company, through their technical management, has been able to create superior returns through the development of a globally-diverse portfolio of resource assets. Moving forward, the Longview Technical group will deliver value through the identification, acquisition and development of world-class resource projects. These skills are the perfect complement to Longview Capital Partners' abilities in structuring, financing and promoting companies within its portfolio.
For more information on Longview Technical, visit http://www.longviewtechnical.com .
On behalf of the Board of Directors,
Damien Reynolds, Chairman & CEO
Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts: Longview Capital Partners Incorporated Michael Rodger (604) 681-5755 (604) 684-2990 (FAX) Website: http://www.longviewcp.com
SOURCE: Longview Capital Partners Incorporated
