11:48 AM EST - Advanced Explorations Inc. : announces update of corporate activities. The Company has received conditional approval from the TSX Venture Exchange in respect to its recently announced definitive agreement on April 1st, 2009 that provides an option to acquire a 100% interest in its Roche Bay iron ore project. The Company is currently focused on securing a strategic partner to assist in the potential development of this project. While the Company is in advanced discussions in respect of a possible strategic financing, there can be no assurance that the transaction will be consummated. Advanced Explorations Inc.
shares V.AXI are trading down $0.01 at $0.11.
