G & S Minerals Announces Filing of Its Company Information and Disclosure Statement Pursuant to Rule 15c2-11 With Pink
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LAS VEGAS, NV, Jun 19 (MARKET WIRE) --
G & S Minerals, Inc. dba Gold & Silver Minerals ("G&S" or the "Company")
(PINKSHEETS: GSML) (FRANKFURT: G9S), a mining company focused on
developing high-quality and low-risk mineral resource and energy
prospects, announced that it had recently filed its Company Information
and Disclosure Statement Pursuant to Rule 15c2-11 on the Pink Sheets
website. The filed information is now available for review on the Pink
Sheets website operated by Pink OTC Markets Inc.
The filed disclosure statement contains information about the Company as
outlined in Securities and Exchange Commission Rule 15c2-11 in accordance
with the Pink Sheets Guidelines for Providing Adequate Public Disclosure.
It includes general Company information, an overview of ongoing
development projects, information regarding the officers and directors of
G&S, and descriptions of the Company's securities.
G&S Chairman Charles Brown stated with respect to the filing, "We
encourage our stockholders and other parties interested in learning more
about G&S carefully review the Company's information filed with Pink
Sheets. We are hopeful that this will greatly increase the transparency
of our business operations, as we fulfill the Pink Sheets Guidelines for
Providing Adequate Public Disclosure."
The full documents may be viewed here:
http://pinksheets.com/pink/quote/quote.jsp?symbol=GSML#getFilings
Under the Pink OTC Markets tier system, the Company is currently
categorized as "Caveat Emptor," reflecting a public interest concern about
the availability of current information about G&S and its operations. With
the filed Company disclosure statement and additional anticipated Pink
Sheet filings, the Company is seeking to be designated as "Current
Information" in the Pink OTC Markets tier system.
The information included in the Company disclosure statement also
addresses one of G & S Minerals' due diligence requirements under the
Company's agreements with Mayan Gold, Inc. Mr. Brown added, "As we have
discussed in previous Company announcements and more recently in our
first-ever investor conference call, fulfilling this the terms of these
agreements and consummating the strategic partnership and
cross-investment with Mayan Gold, Inc. is intended to enhance stockholder
value through access to high-value mineral properties. We believe it is
imperative that the Company meet the Pink OTC Markets' disclosure
guidelines to protect investors and benefit the Company through
re-classification into the "Current Information" tier of Pink OTC
Markets. We intend to work diligently to provide the remaining financial
information necessary to enhance G&S's public disclosure and help
investors make better-informed investment decisions."
ABOUT G & S MINERALS, INC.:
G & S Minerals, Inc. (which also does business under the name "Gold &
Silver Minerals") is a mining company focused on acquiring and developing
high-quality, low-risk mineral resource and energy prospects. G & S
Minerals is pursuing opportunities to develop working interests in mineral
properties that offer a short time to production, as well as significant
upside exploration potential. In addition, G & S Minerals is investigating
opportunities for corporate transactions that will expand its mineral and
resource portfolio. By leveraging its network of industry contacts,
management expertise, and its targeted acquisitions, G & S Minerals is
working to build rapid asset growth, near-term cash flow, and shareholder
value. Additional information is available at G & S Minerals' website at
www.gold-silverco.com.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning
of applicable securities laws, including statements about the Company's
development plans and proposed transactions. These statements are subject
to numerous assumptions and uncertainties, many of which are outside the
Company's control. Statements in this document are based on information
the Company believes to be reasonable, but involve significant
uncertainties as to the final structure or consummation of possible
transactions, the terms thereof, if any, availability and pricing of
financing, mineral prices, costs, ore grades, estimation of gold and
silver reserves, mining and processing conditions, construction schedules,
currency exchange rates, and the completion and/or updating of mining
feasibility studies, changes that could result from the Company's future
acquisitions or dispositions of new mining properties or businesses, the
risks and hazards inherent in the mining business (including environmental
hazards, industrial accidents, weather or geologically related
conditions), regulatory and permitting matters, risks inherent in the
ownership and operation of, or investment in, mining properties or
businesses in foreign countries, as well as other uncertainties and risk
factors. Actual results and timetables could vary significantly from the
estimates presented. Readers are cautioned not to put undue reliance on
forward-looking statements. The Company disclaims any intent or
obligation to update publicly such forward-looking statements, whether as
a result of new information, future events or otherwise.
Contact:
G & S Minerals, Inc.
Charles Brown
702-943-8848
Copyright 2008, Market Wire, All rights reserved.
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