Franklin Mining Waiting to Receive Commercial License
07 Julho 2010 - 12:58PM
Marketwired
Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman,
CEO and President William Petty is pleased to announce the Company
has completed all requirements for obtaining a commercialization
license from Bolivia's Ministry of Mines and Hydrocarbons. "We have
submitted all necessary documents, had our initial interviews," Mr.
Petty said, "and hope to receive our license later in the month."
When received, the Company will begin commercialization of
antimony production in the Departments of Potosi and Oruro. "Our
commercial license will also permit Franklin to begin purchasing
minerals and metals from local producers in the area for resale
internationally. Franklin's ability to export product purchased
from small operators as well as import and export many of the goods
and supplies critical to Bolivia's mining industry is a new phase
for the Company as well as a new opportunity for mine operators in
Potosi and Oruro," he concluded.
About Franklin Mining, Inc: Franklin
Mining, Inc. has mining interests in the United States and Bolivia;
additional information is available at www.FranklinMining.com.
DISCLOSURES: "Safe Harbor" statement under
the Private Securities Litigation Reform Act of 1995: This press
release contains forward-looking statements that are subject to
risk and uncertainties, including, but not limited to, the impact
of competitive products, product demand, market acceptance risks,
fluctuations in operating results, political risk and other risks
detailed from time to time in Franklin Mining, Inc.'s filings with
the Securities and Exchange Commission. These risks could cause
Franklin Mining, Inc.'s actual results to differ materially from
those expressed in any forward-looking statements made by, or on
behalf of, Franklin Mining, Inc.
For additional information, please visit our website
(www.FranklinMining.com) or contact our Investor Relations firm, A
S Austin Company, 210-204-5068 or FMNJ@asaustinco.com.
Investor Relations firm A S Austin Company 210-204-5068
FMNJ@asaustinco.com
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