resinco
Important Links
View Official Website
View Investment Portoflio
Resinco Portfolio News
Shareholder Letter (PDF)
Corporate Presentation (PDF)
Power Point Presentation
 
About Resinco
Resinco began, under another name in the
TSX-V, as a small mutual fund, investing in junior resource stocks to form a portfolio.

They moved to TSX, and were voted in 2007 as one of the fastest growing companies in British Columbia.

Their goal is to buy and sell securities in various mining conpanies, therefore increasing shareholder value by showing gains in their securities.

In the last two years, the company has had a complete rebranding, under the leadership of CEO John Icke and is beginning to grow again.
 
gradeient
Resinco Press Releases

Resinco Capital earns $10.06-million in 2010
Ticker Symbol: C:RIN

Resinco Capital earns $10.06-million in 2010

Resinco Capital Partners Inc (C:RIN)
Shares Issued 121,260,885
Last Close 3/31/2011 $0.11
Friday April 01 2011 - News Release

Mr. John Icke reports

RESINCO(R) CAPITAL PARTNERS INC. EARNS $10.06 MILLION AFTER TAX IN 2010, APPOINTS NEW MEMBERS OF MANAGEMENT TEAM

Resinco Capital Partners Inc. has released its financial results for the year ended Dec. 31, 2010, with net income of $10.06-million or eight cents per share (basic) versus a net income of $4.7-million or four cents per share (basic) for 2009. At December 31, 2009 the Company held investments with a fair value of $28.4 million, or $0.235 per share compared to $16.9 million at December 31, 2009, an increase of 68%.

Resinco recorded realized losses on disposal of investments of $3.7 million and unrealized investment gains of $16.9 million for the year ended December 31, 2010 compared to realized investment losses of $1.1 million and unrealized investment gains of $6.6 million in 2009 Resinco's investment portfolio at December 31, 2010 included 20 public companies and 16 private companies, compared to 19 public companies and 19 private companies in the portfolio at the end of 2009.

"During the past fiscal year the Company has executed upon its goal of continued focus on strict expense control, execution of quality due diligence related to new investments and counseling to the management of our key investments through participation at the board and Technical Advisory Board levels. Our portfolio experienced an increase in value through the last quarter of 2010, as the public company portfolio appreciated along with a stronger worldwide commodities market," stated John Icke, President and CEO of Resinco. Mr. Icke went on to say, "Despite the pressures on the world economies in the first quarter of 2011, we remain optimistic about many of our key investments and we believe that through active monitoring of our investments that the Company will experience modest valuation improvements through 2011."

The Company also announces that David McAdam has joined Resinco as Chief Financial Officer and Christina Boddy as Corporate Secretary. Mr. McAdam is an experienced CFO, with transformation and operational experience in the mining sector and internationally. Mr. McAdam has held various senior financial and operational positions ranging from CFO of start-up companies listed on the TSX Venture Exchange through to VP Operations and Finance Director of a Fortune 150 company based in Houston, Texas. Ms. Boddy is a member of the Canadian Society of Corporate Secretaries and has worked with several public and privately-held companies across varied industries.

Mr. McAdam is replacing Mr. Jon Lever as CFO and Ms. Boddy replaces Ms. June Hamilton as Corporate Secretary effective April 1, 2011. Resinco wishes to thank Mr. Lever and Ms. Hamilton for their contributions.

We seek Safe Harbor.

© 2011 Canjex Publishing Ltd.

 

 

 

 

 

Resinco® Capital Partners Inc. Announces Adoption of Monthly Net Asset Value Publication Strategy

February 18, 2011
TSX: RIN
FWB: L6V
Vancouver, BC – Resinco® Capital Partners Inc. ("Resinco") announces that based on significant ongoing investor interest, Resinco has decided to publish its net asset value (“NAV”) on a monthly basis. The NAV will be published within 20 days of the end of each month.

As of January 31st, 2011 Resinco’s unaudited NAV per share was $0.22. The closing price of $0.14 on January 31st, 2011 represents a 36% discount to the NAV.

“Resinco’s net asset value is a key metric for investors looking at the development of our enterprise value,” said John Icke, President and CEO. “The current net asset value is significantly higher than our market capitalization. By publishing the NAV monthly, we will indicate to the financial community the investment opportunity represented by our current share price.”

Use of Non-GAAP Financial Measures
NAV is a non-GAAP financial measure calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable measure presented in Resinco’s financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure.
About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO® CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

 

Resinco increases Lions Gate Metals holdings to 16%
Ticker Symbol: C:RIN C:LGM

Resinco increases Lions Gate Metals holdings to 16%

Resinco Capital Partners Inc (C:RIN)
Shares Issued 121,260,885
Last Close 3/8/2011 $0.13
Wednesday March 09 2011 - News Release

Also Lions Gate Metals Inc (C:LGM) News Release

Mr. John Icke reports

RESINCO(R) CAPITAL PARTNERS INC. ACQUIRES SECURITIES OF LIONS GATE METALS INC.

Resinco Capital Partners Inc. acquired ownership of an additional 625,000 common shares of Lions Gate Metals Inc. priced at 80 cents per share and 312,500 common share purchase warrants exercisable, for a period of two years, into an equal number of common shares at $1.20 per warrant for the first year and $1.50 for the second year on March 4, 2011.

Prior to this transaction, Resinco owned or controlled 3,172,437 common shares and 1,255,387 warrants of Lions Gate.

As a result of this transaction, Resinco held, as at March 4, 2011, 3,797,437 common shares of Lions Gate, representing approximately 16.07 per cent of all issued and outstanding common shares of Lions Gate. If all the warrants were exercised, and all other warrants held by Resinco were also exercised, Resinco's holdings would total 5,365,324 common shares of Lions Gate, or approximately 21.3 per cent of all issued and outstanding common shares calculated on a partially diluted basis assuming the exercise of Resinco's warrants only. Lions Gate shareholder approval would be required in order for Resinco to exercise warrants that would cause its holdings to reach 20 per cent or more of the issued and outstanding shares of Lions Gate.

This transaction was made for investment purposes and Resinco could increase or decrease its investments in Lions Gate depending on market conditions or any other relevant factors.

We seek Safe Harbor.

© 2011 Canjex Publishing Ltd.

 

January 13, 2011

Resinco® Capital Partners Inc. Acquires Securities of Salmon River Resources Ltd.

Resinco® Capital Partners Inc. ("Resinco") announces that on January 7, 2011, it acquired ownership of an additional 533,333 common shares of Salmon River Resources Ltd. ("Salmon River") priced at $0.15 per share.

Prior to this transaction, Resinco owned or controlled 2,837,005 common shares of Salmon River.

As a result of this transaction, Resinco held, as at January 7, 2011, 3,370,338 common shares of Salmon River, representing approximately 8.61% of all issued and outstanding common shares of Salmon River.

This transaction was made for investment purposes and Resinco could increase or decrease its investments in Salmon River depending on market conditions or any other relevant factors.

About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO® CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

January 12, 2011

Resinco® Capital Partners Inc. Acquires Securities of Pacific Coast Nickel Corp.

Resinco® Capital Partners Inc. ("Resinco") announces that on January 6, 2011, it acquired ownership of an additional 1,500,000 common shares of Pacific Coast Nickel Corp. ("NKL") priced at $0.07 per share and 1,500,000 common share purchase warrants ("Warrants") exercisable, for a period of two years, into an equal number of common shares at $0.10 per Warrant.

Prior to this transaction, Resinco owned or controlled 10,768,500 common shares of NKL.

As a result of this transaction, Resinco held, as at January 6, 2011, 12,268,500 common shares of NKL, representing 22.02% of all issued and outstanding common shares of NKL. If all the Warrants were to be exercised, Resinco's holdings would total 13,678,500 common shares of NKL, or approximately 23.91% of all issued and outstanding common shares calculated on a partially diluted basis assuming the exercise of Resinco's warrants only.

This transaction was made for investment purposes and Resinco could increase or decrease its investments in NKL depending on market conditions or any other relevant factors.

About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO® CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

December 16, 2010

Resinco® Capital Partners Inc. Provides Letter to Shareholders

Resinco® Capital Partners Inc., ("Resinco" or the "Company") announces that the following letter has been mailed to its shareholders of record: As part of our commitment to maintain regular communication with our shareholders we are delighted to publish our second shareholder letter of 2010. By the time you are in receipt of this letter, the year will almost be concluded, and it has been a fascinating year from many perspectives. During the course of the year management has been focused on three primary objectives from an operational perspective, namely;

1. Assisting in the development of our core investments at both a strategic and executional level.

2. Increasing our portfolio with high potential assets.

3. Strict cost control with a focus of performance based compensation for employees, consultants and vendors alike.

Against all of the three aforementioned key objectives we have delivered positive results as detailed below. Since our last shareholder letter there have been a number of announcements made that we would like to share with you in addition to some exciting portfolio news which we believe will positively affect both our near term and long term enterprise value. The following events and activities are noteworthy:

1. Acquisition of the following securities:

(i) Additional 312,500 shares of Lions Gate Metals Inc. (plus 156,250 warrants).

As of December 3rd, 2010 Resinco owns 19.51% of all issued shares of the company. If we were to exercise our warrants our ownership would increase to 27.2%.

(ii) Additional 500,000 common shares of Cue Resources Ltd. in July followed by 4,285,715 common shares and an equal number of warrantsin November. Resinco currently owns 23,476,850 of the total issued and outstanding shares equating to a 20.66% ownership position.

(iii) Additional 1,000,000 common shares in Teslin River Resources Corp. Resinco's current shareholding is 11,216,420 which represents 33.9% ownership position of the issued and outstanding shares.

(iv) Additional 1,666,667 common shares and 1,666,667 warrants in Terreno Resources Corp. (formerly Mega Moly Inc.). Resinco's current ownership is 7,288,267 of the total issued and outstanding securities representing a 19.60% ownership position. In summary, since our last shareholder communication we have successfully executed six (6) transactions. This calendar year we have concluded eleven (11) transactions in total.

2. We have expanded our Technical Advisory Board by one additional number. The TAB now consists of seven (7) members. The new inductee is Dr. Michael Smith who has exploration experience on six continents. Dr. Smith has worked with the British National Oil Corporation, Barrick International, The World Bank and European Commission on oil, gas, gold, diamonds, iron ore, vanadium and coal projects. In 2010 the TAB has collectively evaluated in excess of sixty (60) projects. Their ability to verify, from a technical perspective, the quality of junior resource projects is invaluable to the company and we believe significantly reduces the financial risk in investing in early stage deals.

3. The company actively participated in the re-engineering of Mega Moly Inc. to transition it to Terreno Resources Corp. This re-engineering included a 5: 1 share roll back, management and board re-structuring, completion of a $3.5 million private placement and the acquisition of an option agreement in a very promising copper/gold property project in San Juan, Argentina located in the El Indio gold belt.

4. Resinco led a $2.75 million private placement for Cue Resources Ltd. which closed in November 2010. As a consequence of this financing a two phase drilling program has commenced at CUE's Yuty property in Paraguay. The initial phase which will result in a further 30 holes being drilled should be completed just prior to the end of December 2010.

5. During July 2010 Tanzania Minerals Corp., a private company which Resinco was instrumental in creating in 2007 turned public through a Reverse Take-Over (RTO) of Hill Top Resources Corp. Subsequently the company reverted to its original name of Tanzania Minerals Corp.

6. In November 2010 Shoal Point Energy Ltd. a private oil-in-shale exploration investment located on the west coast of Newfoundland, Canada became public, listing on the CNSX.

7. Expenses related to managing company continue to be a focus of management's attention. As published in Resinco's unaudited consolidated financial statements for the nine months ended September 30th 2010 expenses were $1,730,000 as compared to prior year of $2,553,000 a reduction of $823,000 or 32.2%.

Overall 2010 has been a rewarding year. We have seen significant and positive development of our portfolio assets and our strategy of being an active investor is starting to deliver benefits in terms of enterprise value improvements. We believe we are well positioned to grow our business in 2011 from a number of perspectives. There is, we believe, tremendous value upside to be gained in many of our key investments and, in addition, we have a strong deal flow which should broaden and bolster our portfolio. On behalf of the Board of Directors and employees of the company I would like to thank all of our shareholders for their continued support and loyalty.

Yours truly,

John Icke

President, CEO and Director

About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets. For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors

RESINCO® CAPITAL PARTNERS INC.: John Icke President and CEO

For more information, please contact Resinco Mike Rodger Investor Relations 604-696-6515 info@resincocp.com www.resincocp.com 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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

November 16, 2010

Resinco® Capital Partners Inc. Acquires Securities of Cue Resources Ltd.

Resinco® Capital Partners Inc. ("Resinco") announces that on November 12, 2010, it acquired ownership of an additional 4,285,715 common shares of Cue Resources Ltd. ("Cue") priced at $0.07 per share and 4,285,715 common share purchase warrants ("Warrants") exercisable, for a period of two years, into an equal number of common shares at $0.12 per Warrant.

Prior to this transaction, Resinco owned or controlled 14,616,135 common shares of Cue.

As a result of this transaction, Resinco held, as at November 12, 2010, 18,901,850 common shares of Cue, representing 16.64% of all issued and outstanding common shares of Cue. If all the Warrants were exercised, and all other warrants held by Resinco were also exercised, Resinco's holdings would total 27,762,565 common shares of Cue, or approximately 22.68% of all issued and outstanding common shares calculated on a partially diluted basis assuming the exercise of Resinco's warrants only. Cue shareholder approval would be required in order for Resinco to exercise warrants that would cause its holdings to reach 20% or more of the issued and outstanding shares of Cue.

This transaction was made for investment purposes and Resinco could increase or decrease its investments in Cue depending on market conditions or any other relevant factors.

About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO® CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

Buchalter Consulting
Stan Buchalter
Marketing and Communications
1-888-631-6537
905-631-6537
stan.buchalter@buchalterconsulting.ca

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

 

November 15, 2010

Resinco® Capital Partners Inc. Releases Q3 2010 Results

Resinco® Capital Partners Inc., ("Resinco" or the "Company") announces its financial results for the nine months ended September 30, 2010. The Company posted a net loss of $2,000 ($0.00 per share (basic)), versus a net income of $320,000 ($0.02 per share (basic)) for the same period in 2009. At period end, the Company held investments with a fair value of $12.4 million ($0.10 per share), compared to $16.9 million ($0.14 per share) at December 31, 2009.

Resinco realized gains of $62,000 on the sale of marketable securities during the quarter and recorded unrealized investment gains of $416,000, compared to realized gains of $0 and unrealized gains of $893,000 for the same period in 2009.

Mr. Icke, President and CEO of Resinco stated commenting on the Company's performance, "During the third quarter, Resinco made some strategic follow-on investments. The developments in our portfolio of investments were particularly significant this quarter. This included closing of financings for Salmon River, Pacific Coast Nickel and Teslin River, and the announcement of financings for the rebranded Terreno Resources and Cue Resources which have subsequently closed in the case of Terreno and Cue has received Exchange approval for a $2.75 million financing. Woulfe Mining continues to make excellent progress in South Korea both at its signature Sangdong tungsten/molybdenum project and also it achieved initial positive drill results at its Maguk gold property. There has been significant progress with some of the companies in the private portion of our portfolio. Finally, Tanzania Minerals achieved its IPO goal and we expect much improved performance on a go-forward basis."

About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company which specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO® CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

 

 

November 02, 2010

Resinco® Capital Partners Inc. Acquires Securities of Terreno Resources Corp.

Resinco® Capital Partners Inc. ("Resinco") announces that on October 25, 2010, it acquired ownership of an additional 1,666,667 common shares ("Common Shares") priced at $0.15 and 1,666,667 common share purchase warrants ("Warrants") priced at $0.20 of Terreno Resources Corp. ("Terreno").

Prior to this transaction, Resinco owned or controlled 5,621,600 common shares of Terreno.

As a result of this transaction, Resinco held, as at October 25, 2010, 7,288,267 common shares of Terreno, representing 12.04% of all issued and outstanding common shares of Terreno as at October 25, 2010. If the Warrants were exercised, Resinco's holding would total 9,074,934 common shares of Terreno, or approximately 14.99% of all issued and outstanding common shares calculated on a partially diluted basis assuming the exercise of the Warrants only.

This transaction was made for investment purposes and Resinco could increase or decrease its investments in Terreno depending on market conditions or any other relevant factors.

About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO® CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

 

 

 

September 01, 2010

Resinco(tm) Capital Partners Inc. Acquires Securities of Teslin River Resources Corp.

Resinco(tm) Capital Partners Inc. ("Resinco") announces that on August 31, 2010, it acquired ownership of an additional 1,000,000 common shares ("Common Shares") priced at $0.05 and 1,000,000 common share purchase warrants ("Warrants") priced at $0.10 of Teslin River Resources Corp. ("Teslin River").

Prior to this transaction, Resinco owned or controlled 9,216,420 common shares of Teslin River.

As a result of this transaction, Resinco held, as at August 31, 2010, 10,216,420 common shares of Teslin River, representing 30.97% of all issued and outstanding common shares of Teslin River as at August 31, 2010. If the Warrants were exercised, Resinco's holding would total 11,216,420 common shares of Teslin River, or approximately 33.0% of all issued and outstanding common shares calculated on a partially diluted basis assuming the exercise of the Warrants only.

This transaction was made for investment purposes and Resinco could increase or decrease its investments in Teslin River depending on market conditions or any other relevant factors.

About Resinco(tm) Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO(tm) CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

 

August 13, 2010

Resinco Capital Partners Inc. Releases Q2 2010 Results

Resinco(tm) Capital Partners Inc., ("Resinco" or the "Company") announces its financial results for the six months ended June 30, 2010. The Company posted a net loss of $3,027,000 ($0.03 per share (basic)), versus a net income of $3,690,000 ($0.02 per share (basic)) for the same period in 2009. At period end, the Company held investments with a fair value of $12.1 million ($0.10 per share), compared to $16.9 million ($0.14 per share) at December 31, 2009.

Resinco realized a gain of $514,000 on the sale of marketable securities during the quarter and recorded an unrealized investment loss of $4,709,000, compared to a realized loss of $149,000 and an unrealized gain of $2,350,000 for the same period in 2009.

"The value of our portfolio has been diluted quite significantly over the course of the past quarter. In particular the value of our investment in Woulfe Mining Corp. should be highlighted. The reduction in Woulfe contributed $3,144,000 or 66.8% of our unrealized investment loss for the quarter. This erosion in value was particularly disappointing given the significant operational progress made at Sangdong, Woulfe's signature tungsten property located in South Korea, and the initial exploration on Muguk, their premiere gold project," stated John Icke, President and CEO of Resinco. Mr. Icke went on to say, "The first six months of the year have been somewhat perplexing with junior resource stocks generally not holding their value and underperforming to our expectations. Market commentators have been cautious about expressing confidence in the state of the market as the global economy still struggles to emerge from the economic downturn of 2008. Overall we remain optimistic about many of our key investments and we believe we will experience some modest valuation improvements over the remainder of the year. Throughout the somewhat turbulent times we will continue to focus on strict expense control, execution of quality due diligence related to new investments and offer counseling to the management of our key investments through participation at the board level."

About Resinco(tm) Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company which specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO(tm) CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

 

July 19, 2010

Resinco(tm) Capital Partners Inc. Acquires Securities of Salmon River Resources Limited

Vancouver, BC -- Resinco(tm) Capital Partners Inc. ("Resinco") announces that on July 15, 2010, it acquired ownership of an additional 700,000 common shares ("Common Shares") priced at $0.10 of Salmon River Resources Limited ("Salmon River").

Prior to this transaction, Resinco owned or controlled 2,137,005 common shares of Salmon River.

As a result of this transaction, Resinco held, as at July 15, 2010, 2,837,005 common shares of Salmon River, representing 9.31% of all issued and outstanding common shares of Salmon River as at July 13, 2010.

This transaction was made for investment purposes and Resinco could increase or decrease its investments in Salmon River depending on market conditions or any other relevant factors.

About Resinco(tm) Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO(tm) CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

 

July 15, 2010

Resinco(tm) Capital Partners Inc. Acquires Securities of Lions Gate Metals Inc.

Vancouver, BC -- Resinco(tm) Capital Partners Inc. ("Resinco") issues this press release pursuant to National Instrument 62-103 with respect to Lions Gate Metals Inc. Resinco announces that on July 13, 2010, it acquired ownership of an additional 312,500 common shares ("Common Shares") priced at $0.80 and 156,250 common share purchase warrants (the "Warrants") of Lions Gate Metals Inc. ("Lions Gate"). Each Warrant entitles the holder to purchase one additional common share of Lions Gate at a price of $1.00 per share until July 13, 2015.

Prior to this transaction, Resinco owned or controlled 2,829,937 common shares of Lions Gate, as well as warrants to acquire a further 1,099,137 common shares.

As a result of this transaction, Resinco held, as at July 13, 2010, 3,142,437 common shares of Lions Gate, representing 25.63% of Lions Gate and warrants to acquire a further 1,255,387 common shares of Lions Gate, representing 32.54% of all issued and outstanding common shares as at July 13, 2010 calculated on a partially diluted basis assuming the exercise of the convertible securities held by Resinco only.

This transaction was made for investment purposes and Resinco could increase or decrease its investments in Lions Gate depending on market conditions or any other relevant factors.

About Resinco(tm) Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO(tm) CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

 

June 01, 2010

Resinco(tm) Capital Partners Inc. -- CEO Exercises Options

Vancouver, BC -- Resinco(tm) Capital Partners Inc. ("Resinco") announces that John Icke, Resinco's President and CEO has exercised 380,000 options. As a result, Mr. Icke now holds, either directly or indirectly, 7,000,000 shares of Resinco and 1,000,000 options to purchase shares. The options exercised were at the following values: 140,000 at $0.06 per share and 240,000 at $0.11 per share.

Commenting on the exercise of options, Mr. Icke stated: "Despite the recent instability in the markets, I remain very positive on Resinco's business model and the potential within our portfolio. By exercising options now, I intend to signal my continued commitment to our shareholders and the market in general."

About Resinco(tm) Capital Partners Inc.
Resinco (Resource Investment Company) is a global investment company which specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO(tm) CAPITAL PARTNERS INC.

Hein Poulus
Chairman

For more information, please contact

Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

 

May 27, 2010

Resinco(tm) Capital Partners Inc. Acquires Securities of Source Exploration Corp.

Vancouver, BC -- Resinco(tm) Capital Partners Inc. ("Resinco") announces that on May 18, 2010, it acquired ownership of 1,143,000 common shares ("Common Shares") and 571,500 common share purchase warrants (the "Warrants") of Source Exploration Corp. ("Source"). Each Warrant entitles the holder to purchase one additional common share of Source at a price of $0.30 per share until May 18, 2012. As a result of this transaction, Resinco held, as at May 19, 2010, 3.9% of Source. In the event that the Warrants are fully exercised, the holdings of Resinco would represent a total of 1,714,500 common shares of Source, or approximately 5.7% of all issued and outstanding common shares as at May 19, 2010 calculated on a partially diluted basis assuming the exercise of the Warrants only.

This transaction was made for investment purposes and Resinco could increase or decrease its investments in Source depending on market conditions or any other relevant factors.

About Resinco(tm) Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO(tm) CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

 

May 25, 2010

Resinco(tm) Capital Partners Acquires Additional Securities of Galena Capital Vancouver, BC -- Resinco(tm)

Capital Partners Inc. ("Resinco") announces that on May 18, 2010, it acquired ownership of a further 4,000,000 common shares ("Common Shares") and 2,000,000 common share purchase warrants (the "Warrants") of Galena Capital Corp. ("Galena"). Each Warrant entitles the holder to purchase one additional common share of Galena at a price of $0.15 per share until May 19, 2012. As a result of this transaction, Resinco held, as at May 21, 2010, 6,000,000 common shares or 7.7% of Galena. In the event that the Warrants are fully exercised, the holdings of Resinco represent a total of 8,000,000 common shares of Galena, or approximately 10.0% of all issued and outstanding common shares as at May 21, 2010 calculated on a partially diluted basis assuming the exercise of the Warrants only. This transaction was made for investment purposes and Resinco could increase or decrease its investments in Galena depending on market conditions or any other relevant factors.

About Resinco(tm) Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets. For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors RESINCO(tm) CAPITAL PARTNERS INC.:
John Icke President and CEO

For more information, please contact Resinco Mike Rodger Investor Relations
604-696-6515
info@resincocp.com
www.resincocp.com

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 Exchange does not accept responsibility for the adequacy or accuracy of this release.