News from Canada NewsWire
Northwestern issues clarification regarding Saguenay Letter of Intent
17:00 EDT Friday, July 07, 2006
TORONTO, July 7 /CNW/ - As the request of the TSX Venture Exchange, Northwestern Mineral Ventures Inc. (TSX-V: NWT; OTCBB: NWTMF) further clarifies its press release datedJune 21, 2006. The Letter of Intent to acquire ownership of the Saguenay Uranium Property in Quebec was signed between Northwestern and Edward Bawolak, a private owner.
ABOUT NORTHWESTERN:
Northwestern Mineral Ventures (
www.northwestmineral.com) is an international natural resource exploration company with an experienced management team. The company is focused on properties inNiger and Canada with potential uranium targets. Northwestern also has a precious and base metal property in Mexico . Northwestern is listed on the NASD Bulletin Board under the symbol "NWTMF" and the TSX Venture Exchange under the symbol "NWT."
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
This news release includes certain "forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.
For further information: Marek Kreczmer, M.Sc., P.Eng., President and CEO, (866) 437-9551,
info@northwestmineral.com