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SOA, WOA and Cloud Computing: The New Frontier for Data Services
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The Opening of Virtualization
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Cloud Computing for Business Agility
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
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Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
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Managing Hybrid Endpoint Environments
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How Can AJAX Improve Homeland Security?
Beyond Widgets: What a RIA Platform Should Offer
REAs: Rich Enterprise Applications
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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
PPM Completes the Sale of the Mount Suckling Project

KELOWNA, BRITISH COLUMBIA -- (Marketwire) -- 01/29/13 -- PAPUAN PRECIOUS METALS CORP. (TSX VENTURE:PAU)(OTCQX:PAUFF) ("PPM or the "Company") has completed, subject to certain filing requirements in Papua New Guinea, the sale of a 90% interest in its Mount Suckling project in Papua New Guinea. The Company will maintain a 10% carried interest and retain a 2% net smelter royalty. The purchaser, Suckling Minerals Limited, was formed by David Lindley, the former Chief Operating Officer of the Company, and Tony Kelly, a former director. They have agreed to deliver 5,344,791 PPM shares to the Company for cancellation. Suckling Minerals Limited may purchase the 2% net smelter royalty at any time with a cash payment of C$2 million and may purchase the 10% carried interest for a payment of $4.7 million subject to maintaining the property in good standing.

About Papuan Precious Metals Corp.

PPM is engaged in the acquisition, exploration and development of mineral properties with a focus on Copper-Gold porphyries in Papua New Guinea.


Dev Randhawa, Chairman and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Papuan Precious Metals Corp.
Greg Downey

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