Ekwan-X retains merchant bank to raise equity capital: EKWX, AA, NEM, PAAS, USU.

0 Comments | M2 Presswire, February, 2005

M2 PRESSWIRE-16 February 2005-InvestSource Inc.: Ekwan-X retains merchant bank to raise equity capital: EKWX, AA, NEM, PAAS, USU(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:02162005 Stocks in the News: Ekwan-X Incorporated (OTC: EKWX), ALCOA Incorporated (NYSE: AA), Newmont Mining Corporation (Holding Co) (NYSE: NEM), Pan American Silver Corporation (NASDAQ: PAAS), USEC Incorporated (NYSE: USU) Ekwan-X Incorporated (OTC: EKWX) announced on Tuesday that it has retained Fleming Capital Management, LLC, a New York-based merchant bank, to raise straight equity capital of $2,000,000.

Ronald P. Russo, Jr., Managing Director of Fleming Capital Management, LLC, stated, ``Market conditions for gold and precious metals look very promising for Ekwan-X. We are eager to...