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by Stockwatch Business Reporter

The TSX Venture Exchange fell 8.61 points to 698.42 Thursday. Larry Doan and David Smalley's second capital pool shell, Flying Monkey Capital Corp. -- Mr. Doan and Mr. Smalley's memorable names give a human activity to an animal -- completed its qualifying transaction by acquiring a B.C. mining junior, Fabled Copper and Gold Corp. The resulting issuer is now listed as Fabled Copper Corp. (FCO). Its stock has yet to trade.

Fabled Copper owns one property, the Muskwa copper property in northeastern British Columbia. It acquired this asset ultimately from Alan Raven, who has sold properties to 10 other public companies in the last three decades. Mr. Raven optioned parts of Muskwa to several optionees, including Mr. Smalley and Peter Hawley, who then assigned their options to Fabled Copper. Mr. Smalley and Mr. Hawley received shares for their service. Now, they are the largest shareholders of Fabled Copper. Mr. Smalley holds 5.75 million shares (13 per cent), and Mr. Hawley holds 5.6 million (12.75 per cent). They are also directors.

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