LAS VEGAS, June 9, 2014 /PRNewswire/ -- Amarium
Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary
Amarium Minerals Inc., reports the initiation of a Copper Mineral
Asset Acquisition Program (MAAP). Adam Carter, the President
& CEO stated that Amarium's net-earnings over the previous 12
months have significantly exceeded projections, therefore
generating cash reserves for reinvestment. Due to the capital
surplus and the ongoing relationship with Anglo-Asia Resource
Partners' demand to purchase additional copper, the Company is
instituting the MAAP to increase value for shareholders.
"There are several exceptional copper assets in Mexico, that in our opinion, are currently
undervalued and available for immediate purchase. This presents an
opportunity to capitalize and expand Amarium's core asset base
through value acquisitions," said Adam
Carter. "We have now initiated a program to
aggressively pursue copper asset acquisition opportunities that
will provide increased fundamental value to our shareholders.
Expanding our portfolio of properties in the region is a key
component of the Company's strategic plan to sustain our long term
growth and viability."
Management has stated the core focus of MAAP is to increase
fundamental value, through whole or partial ownership, working
interest and revenue streaming opportunities. Amarium is currently
engaged in the due diligence process for two separate copper
property acquisitions.
In addition to expanding the mineral resource through
acquisitions, the Company is also considering the declaration a
cash dividend to shareholders due to the aforementioned cash
surplus.
For additional information, please
visit: http://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.
Contacts:
Amarium Technologies Inc.
Investor Relations, 800-983-0814
Fax: 800-320-4180
info@amariumminerals.com
SOURCE Amarium Technologies Inc.