USPR Announces the Election of David W. Burney to the Board of Directors
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LAKE MARY, FL, Oct 08 (MARKET WIRE) --
M. Jack Kugler, Chief Executive Officer and Chairman of the Board of U.S.
Precious Metals, Inc. (OTCBB: USPR) ("USPR"), announced that the Board of
Directors (the "Board") of USPR elected David W. Burney as a member of
the Board, effective immediately, filling an existing vacancy on the
Board. Mr. Burney has been USPR's President since December 20, 2007.
About U.S. Precious Metals, Inc.:
USPR is a mineral exploration company headquartered in Lake Mary, Florida
and operating in Mexico through its Mexican subsidiary, U.S. Precious
Metals de Mexico, S.A. de C.V. USPR owns significant exploration and
exploitation rights to approximately 37,000 acres of land in Michoacan,
Mexico. USPR's common stock is quoted on the OTC Bulletin Board under the
symbol "USPR."
Statements contained herein that are not based upon current or historical
fact are forward-looking statements. Such forward-looking statements
relate to future events and future operating results, performance,
prospects and opportunities. The use of terms such as "anticipate,"
"believe," "estimate," "plan," "intend" and "expect" and similar
expressions, as they relate to USPR, or its management, identify
forward-looking statements. These forward-looking statements are based on
information currently available to USPR and USPR's current plans,
intentions and expectations. Forward-looking statements are subject to a
number of risks, uncertainties and other factors that could cause USPR's
actual results, performance, prospects and opportunities to differ
materially from those expressed in, or implied by, these forward-looking
statements. Factors that could cause or contribute to such differences
include, but are not limited to, such factors, including risk factors,
discussed in USPR's Annual Report on Form 10-K for the fiscal year ended
May 31, 2009, filed with the U.S. Securities and Exchange Commission on
September 16, 2009. Except as required by the Federal securities law,
USPR does not undertake any obligation to revise or update any
forward-looking statements contained herein after the date hereof.
CONTACT:
U.S. Precious Metals, Inc.
M. Jack Kugler
Chairman of the Board/CEO
(407) 566-9310
http://www.usprgold.com
Copyright 2009, Market Wire, All rights reserved.
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