VANCOUVER, BC — (Marketwire) — 06/12/12 — Lori McClenahan, President of St. Elias Mines Ltd. (TSX VENTURE: SLI) (PINKSHEETS: SELSF) (FRANKFURT: EKL) (US Clearing Symbol: SELSF) („St. Elias“ or the „Company“) announces today that St. Elias has postponed the completion of its spin-off transaction („Plan of Arrangement“) of its BC Properties into Havilah Mines Ltd. („Havilah“), a new company incorporated for the purpose of facilitating the Plan of Arrangement. The concurrent financing and listing of Havilah on the TSX Venture Exchange will also be postponed, all due to market conditions. The Company intends to finalize the spin-off, financing and listing of Havilah in the fall.
For additional information on St. Elias and its projects, please visit us at or call 1-888-895-5522 (toll free US and Canada) or contact:
U.S. Investor Relations Consultant
Herbert Haft The Haft Group, Inc. Tel: (212) 759-8865 Email:
(signed „Lori McClenahan“) Lori McClenahan, President
Suite 304 – 700 West Pender Street Vancouver, British Columbia Canada V6C 1G8
Telephone: (604) 669-4677 Facsimile: (604) 669-9626 Toll Free: (888) 895-5522
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