Franklin Mining
(OTC: FMNJ)
Exclusive Contracts in Bolivia to Generate Immediate Cash Flow
LAS VEGAS, NV–(MARKET WIRE)–Apr 9, 2007 — Franklin Mining, Inc. (Other OTC:FMNJ.PK – News) is announcing that their subsidiary, Franklin Mining, Bolivia S.A, has created a Sales & Marketing Division to handle exclusive contracts to purchase and sell metals, minerals and other goods and services licensed under Bolivia’s industrialization law. The Division will not engage in futures contracts but will immediately begin purchasing tin, zinc and silver from the existing inventories and current production of local producers for sale to local and national distributors and manufacturers. Industrial materials sales will be added in the near future.
Working from Franklin’s Potosi office, the Sales & Marketing Division will be under the management of Dr. Jaime Arancibia Davila, General Manager and Legal Representative, and Mr. Omar Mendez, Franklin Mining, Bolivia S.A.
Dr. Arancibia and Mr. Mendez will also oversee Franklin’s Pulacayo and Cerro Rico projects from the Potosi office.
About Franklin Mining, Inc: Franklin Mining, Inc. has mining and exploration interests in the United States, Argentina and Bolivia; Franklin Mining, Bolivia S.A. is a wholly owned subsidiary. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas, Argentina S.A. Additional company 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 further information, please visit our website (www.franklinmining.com) or contact our Investor Relations firm, A. Austin & Company, 1-702-386-5379.
Contact:
For further information, please visit:
http://www.franklinmining.com
Contact our Investor Relations firm:
A. Austin & Company
1-702-386-5379
Source: Franklin Mining, Inc.
View the StockGuru Profile for Franklin Mining:
http://www.stockguru.com/profiles/fmnj/
We Invite you to Visit the All New StockGuru Blog!
Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks.
Click HERE to visit the Blog, or go to:
http://stockguru.com/blog/
StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. Disclosure: Pentony Enterprises LLC has been compensated a total of five million two hundred sixty five thousand free trading shares from a non-controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment advisers or broker/dealers. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares.