| February 25, 2009 Pediment Exploration Ltd. Changes name to Pediment Gold Corp. | |
| VANCOUVER, British Columbia, February 25, 2009 -- Pediment Exploration Ltd. (TSX-V:PEZ and OTCBB:PEZFF) (the "Company") is pleased to announce that it is changing its name to "Pediment Gold Corp.". The Company's Common shares will commence trading under its new name effective at the opening of trading on Thursday, February 26, 2009. The Company will remain listed on the TSX Venture Exchange under the same symbol, "PEZ", on the OTCBB under a new symbol, and on the Frankfurt Stock Exchange under the same symbol of "P5E". There will be no alteration to the Company's capital structure in connection with this name change. Pediment is a Vancouver based exploration company that is focused on advancing gold projects in north western Mexico through exploration and resource definition. Pediment is well funded with CAD$16 million of working capital and no debt. For additional information please contact Gary Freeman or Michael Rapsch 604-682-4418. On behalf of the board Gary Freeman President & CEO The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. All of the Company's public disclosure filings may be accessed via www.sedar.com and www.sec.gov, and readers are urged to review these materials, including any technical reports filed with respect to the Company's mineral properties. This press release is not to be construed in any way as, an offer to buy or sell securities. | |
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