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Post by Franko10 ™ on Jan 30, 2005 21:49:17 GMT -5
Juina Mining Announces New Broker Relations Firm and Production Update
RENO, Nev.--(BUSINESS WIRE)--Oct. 8, 1998--Juina Mining Corp. (OTC BB:GEMM) Thursday announced the engagement of a new broker relations firm, Global Consultants of Beverly Hills, Calif.
George Garcy, president of Global Consultants, stated: "We are excited about the opportunity to be involved with a company that has an excellent growth potential. We are committed to providing GEMM with the professional attention that it deserves."
In addition to the above developments, GEMM was unable to begin production because of unforeseen circumstances. The company was approved for a Brazilian import license only two weeks ago. The filing for this license took more time than expected to process. The additional equipment needed to complete the processing plant was manufactured in Golden, Colo., and could not be shipped until such time that GEMM received this license.
Also, the financing schedule with the prior funding source was not upheld as anticipated. This has affected the ability to meet payment obligations for material and equipment. GEMM anticipates production to begin in mid-end November 1998.
Juina Mining is a diamond resource and exploration company with exclusive rights to a mining and mineral concession on 1,000 hectares (2,471 acres) located in Juina, Mato Grosso, Brazil. Visit GEMM's Web site at www.juinamining.com to view dated digital pictures indicating the progress with the preparation of the company's production facility. Other important information can also be found on the site.
The matters discussed in this news release contain forward-looking statements, as defined in Section 27(A) of the Securities Act of 1933 and Section 21(E) of the Securities Exchange Act of 1934, as amended. Such forward-looking statements and information involve risks and uncertainties including but not limited to late delivery of vendor supplies, equipment or services that may cause production delays, primary customer order rates, cancellations, and dependence on certain customers of the company's specialized business products. Other uncertainties related to the company's business and securities which are traded over the counter are outlined in the information and materials available upon request.
COPYRIGHT 1998 Business Wire
COPYRIGHT 2000 Gale Group
RENO, Nev.--(BUSINESS WIRE)--Oct. 8, 1998--Juina Mining Corp. (OTC BB:GEMM) Thursday announced the engagement of a new broker relations firm, Global Consultants of Beverly Hills, Calif.
George Garcy, president of Global Consultants, stated: "We are excited about the opportunity to be involved with a company that has an excellent growth potential. We are committed to providing GEMM with the professional attention that it deserves."
In addition to the above developments, GEMM was unable to begin production because of unforeseen circumstances. The company was approved for a Brazilian import license only two weeks ago. The filing for this license took more time than expected to process. The additional equipment needed to complete the processing plant was manufactured in Golden, Colo., and could not be shipped until such time that GEMM received this license.
Also, the financing schedule with the prior funding source was not upheld as anticipated. This has affected the ability to meet payment obligations for material and equipment. GEMM anticipates production to begin in mid-end November 1998.
Juina Mining is a diamond resource and exploration company with exclusive rights to a mining and mineral concession on 1,000 hectares (2,471 acres) located in Juina, Mato Grosso, Brazil. Visit GEMM's Web site at www.juinamining.com to view dated digital pictures indicating the progress with the preparation of the company's production facility. Other important information can also be found on the site.
The matters discussed in this news release contain forward-looking statements, as defined in Section 27(A) of the Securities Act of 1933 and Section 21(E) of the Securities Exchange Act of 1934, as amended. Such forward-looking statements and information involve risks and uncertainties including but not limited to late delivery of vendor supplies, equipment or services that may cause production delays, primary customer order rates, cancellations, and dependence on certain customers of the company's specialized business products. Other uncertainties related to the company's business and securities which are traded over the counter are outlined in the information and materials available upon request.
COPYRIGHT 1998 Business Wire
COPYRIGHT 2000 Gale Group
