LAS VEGAS, April 26, 2013 /PRNewswire/ -- Amarium
Technologies Inc. (PINK SHEETS: AMMG) released today a letter to
its shareholders.
Dear Amarium Technologies
Inc. Shareholders,
In the first quarter of 2013, Amarium Technologies has undergone
an exciting and strategic transition into an emerging mineral
exploration company focused on the acquisition, exploration,
development and production of copper, gold & silver mineral
properties in Mexico.
The past several months have involved numerous corporate
developments for the Company and our existing shareholders have
expressed overwhelming support and excitement in our new direction.
Consequently, Amarium management felt that it
was our duty to directly communicate with shareholders.
Commitment to Shareholders
Our new management is currently evaluating several mining
assets in Mexico and is expecting
the completion of a landmark acquisition in the near-term, with a
specific focus upon production and existing
revenues. We are firmly committed to our
shareholders through our diligence in acquiring unique mining
investment opportunities that are currently revenue and profit
generating or well advanced in that regard.
While identifying these types of opportunities
can be a challenge, Amarium's management has widespread industry
contacts in the Mexican mining business that we believe is
ultimately a competitive advantage for our shareholders.
Copper Market & Asset Expansion
Since our announcement in February
2103 stating the Company's new corporate focus on mineral
exploration and development in Mexico, our shareholders have been very
enthusiastic and supportive. While we are currently vetting
investment opportunities in both precious and base metals, our
primary focus is on acquiring a substantial copper deposit with
existing small-scale production facilities. In
support of this direction, Amarium management believes strongly
that the prospects for the global copper market remain bullish in
both the long and short-term and a copper interest acquisition will
provide a tremendous asset foundation for the
Company. At this moment, our current acquisition
target is nearing completion and will be the first of several new
acquisitions planned for the near future.
With the expansion of our mineral asset interests, Amarium will
strengthen its focus and direction, firmly establishing the Company
on its new path of growth.
Why Mexico?
Mexico represents a
strategic opportunity for Amarium. The country is a politically
stable region that has a substantial history with many facilitating
aspects:
- Established Mining Industry
- Educated population with highly skilled labor markets
- Extensive transportation system throughout the country.
- Government and population that support foreign investment
capital and mining initiatives.
- Attractive location for Foreign Investment Capital.
- Suitable infrastructure for export markets, with modern ports
on both Pacific and Atlantic coastlines.
- Extensive mineral production and exploration operations
currently active throughout the country.
- A proven producer of both precious and base metals.
Future Goals & Vision of Company
Shareholders will be pleased to know that the Company is
planning to aggressively pursue its new mandate and will be
targeting a number of corporate milestones to be achieved in both
the long and short-term:
- Acquisition of Mexican copper properties that are production,
near-term production or advanced exploration opportunities, that
add substantially to the Company's asset foundation.
- Continue to strengthen our existing management with additional
personnel who have proven track records and who are achievement
oriented.
- Through our OTC Markets subscription, regularly disclosure
corporate information and bring Amarium's status to "Current
Information".
- Raise additional capital financing through investment
structures that are beneficial to existing shareholders.
- Communicate with our shareholders, keeping them apprised of our
progress and corporate developments on a timely and transparent
basis.
In Closing
Amarium's management is very passionate about the Company's
new operations focused on the development of mineral
assets. Additionally, we strongly feel that the
Company's competitive advantages and strategic approach to business
development uniquely identifies Amarium as a high growth company.
In general, we are highly confident in our
abilities that will move Amarium forward to strong bottom-line
results in the near future.
Sincerely,
Adam Carter,
President
For additional information, please visit:
www.amariumminerals.com
This press release contains statements that are forward-looking
and which involve a number of risks and uncertainties. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. The
forward-looking statements in question are based on Amarium
Technologies, Inc.'s current expectations and projections about
future events, based on information currently available. The
forward-looking statements found in this press release may also
include statements relating to Amarium Technologies, Inc.'s
anticipated financial performance, business prospects, new
developments, strategies, and similar matters. Amarium
Technologies, Inc. provides no assurance regarding the actual
outcome of the events contemplated by any forward-looking
statements included in this release. Amarium Technologies, Inc.
disclaims any obligation to update any of its forward-looking
statements, except as may be required by law.
CONTACT:
Investor Relations
Tel: 800-983-0814
Fax: 800-291-6802
E-mail: info@amariumminerals.com
SOURCE Amarium Technologies, Inc.