YTC Resources 25c shares open at 63c, now 70c11:46, Tuesday, 8...

YTC Resources 25c shares open at 63c, now 70c
11:46, Tuesday, 8 May 2007

Sydney - Tuesday - May 8: (RWE Australian Business News) - YTC
Resources Ltd (ASX code: YTC) joined the sharemarket lists for the first
time today, and the 25c shares opened at 63c, traded between 70c and
62c, and settled at 67.5c.
In the first 15 minutes more than 1.3 million shares were
traded.
Established in March 2004 in Orange, New South Wales, the
company formed a strategic alliance in September 2006 with Yunnan Tin
Company Group Ltd of China, the world's largest producer of tin and a
major producer of non-ferrous metals.
In January 2007 the company changed its name to YTC Resources to
reflect the alliance with Yunnan Tin Group and its subsequent investment
of $2.67 million on March 27.
YTC is targeting high-quality, underexplored tin and gold-copper
projects in world-class mineral belts.
It has acquired an extensive portfolio of exploration assets
within which it has identified a series of immediate drill targets.