IRVINE, Calif., Sept. 19, 2005 (PRIMEZONE) -- Eldorado Exploration, Inc. (Pink Sheets:EDEX) announced today the retention of Richard M. Wexler of Wexler Kronen Capital Associates as a financial and advisory consultant. Wexler Kronen Capital Associates will identify, introduce and negotiate on behalf of Eldorado Exploration to qualified investors. David (Tom) Laurance, CEO of Eldorado Exploration stated, "We are confident that Rich and his organization will be a tremendous asset as we (Eldorado Exploration, Inc.) move forward and continue to develop."
Wexler is engaged in the business of providing financial and advisory services to both private and public companies with the objectives of raising capital through credit facilities, private placements and public offerings. "Building strategic partnerships is the key to creating long term successful ventures," stated Richard Wexler. "This relationship with Eldorado Exploration, Inc. will provide an opportunity to identify and build such relationships."
About Eldorado Exploration, Inc.
Eldorado Exploration is an independent oil and gas company headquartered in California with operations in New Mexico and Texas. Eldorado Exploration approaches oil and gas exploration with an intelligent and sensible philosophy. The company's high-caliber veteran oil and gas experts qualify projects that maximize shareholder value by pursuing achievable prospects that have multiple confirmations of potential from both PIP process and standard geological methods. For further information please visit our website at eldoradoexploration.com
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.