Financing on the Horizon
OTC: FMNJ – Franklin Mining, Inc. — Stock Guru Profile
At long last … the announcement we have been waiting for. William Petty has returned to Bolivia after visiting Zurich, Switzerland and New York, NY. In Zurich, Mr. Petty delivered presentations for the acquisition of additional capital. Those presentations were well received and negotiations resulted in a proposal and contract which Mr. Petty has presented for review and consideration by Franklin’s Board of Directors.
This has the potential to mean incredible things for Franklin Mining.
Franklin sounds as though the financing may be there. As soon as we know for sure Stock Guru will let you know.
Gas to Liquid Plants do not come cheap and Franklin has the contractual relationships for just that project in Argentina’s Tierra Del Fuego …. and more on that this afternoon!
Franklin’s got an incredible tailings project which we have discussed in great detail ready to go with hard rock mining to follow in the Cerro Rico.
Franklin has its eye on Boliva as a second target for a gas to liquid plant.
In releasing confirmation of a pending capital contract and project financing agreement, Jaime Melgarejo, Jr., President of Franklin Mining, Inc., said that, “Mr. Petty’s relationships with major international capital markets made it possible for Franklin to receive these proposals.” Mr. Petty has had business and investment interests in South America since 1974 and in Bolivia since 1985. He has been a consultant to Franklin Mining, Inc. since 2003.
Ask yourself what this compay will be worth with the advancement of these projects?
The 4000 plus percent rise the last time Stock Guru covered this stock may be only the beginning for Franklin Mining.
Contact:
Investor Relations
A. Austin & Company
1-702-386-5379
Jaime Melgarejo Jr., President
Franklin Mining, Inc.
2764 Lake Sahara Driveoli
Suite 111
Las Vegas, NV 89117
Website: http://www.franklinmining.com
Phone: 702-944-8972
Fax: 702-838-5130
Source: Dublin Research
About Franklin Mining, Inc: Franklin Mining, Inc. has mining and exploration interests in the United States, Argentina and Bolivia including a wholly owned subsidiary, Franklin Mining, Bolivia S.A, and 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas, Argentina S.A.
“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.
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