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Mosam Capital Corp. announces the filing of its filing statement and closing of its qualifying transaction

 

VANCOUVER, BRITISH COLUMBIA – (May 28, 2009) – Mosam Capital Corp. ("Company") (TSX Venture: MOS.P) is pleased to announce the filing on SEDAR of the filing statement (the “Filing Statement”), prepared in accordance with the requirements of the TSX Venture Exchange (the “Exchange”), in connection with its previously announced proposed qualifying transaction with Full Metal Minerals (USA) Inc. Details of the qualifying transaction are set forth in news releases dated October 14, 2008 and May 19, 2009.

The Company has obtained the conditional acceptance of the TSX Venture Exchange for the qualifying transaction. Subject to final Exchange acceptance, the qualifying transaction is expected to close on or about June 8, 2009.

Please refer to the Filing Statement for further information about the Company and Full Metal Minerals (USA) Inc. and for further details respecting the proposed qualifying transaction. A copy of the Filing Statement is available on SEDAR at www.sedar.com under the Company’s profile.

Investors are cautioned that, except as disclosed in the Filing Statement, any information released or received with respect to the proposed qualifying transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The TSX Venture Exchange has not reviewed nor accepted responsibility for the adequacy or accuracy of the contents of this news release which has been prepared by management.


FOR FURTHER INFORMATION PLEASE CONTACT:

Mr. Brian Kerzner, President and Director

Mosam Capital Corp.

Telephone: (604) 506-5000

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