LAS VEGAS, June 5, 2013 /PRNewswire/ -- FRANKLIN
MINING, INC. (OTC PINK: FMNJ) today announced that all parties
have reached an agreement returning Franklin Oil and Gas, to
Franklin Mining, Inc.
Renamed and operating as the company's Energy Division,
Franklin Oil and Gas will explore new energy-based
opportunities throughout South
America on behalf of major international oil and gas
production companies.
"This agreement enables us to fully expand the presence of
Franklin Mining throughout South
America," said William Petty,
Chairman, CEO of Franklin Mining, Inc. "Our Energy Division will
provide the opportunity to become involved in multiple industries
and markets other than minerals and metals in an area of the world
destined for rapid development and growth in the coming years."
Terms of the agreement were not disclosed. The company said it
does not anticipate this acquisition will have a material impact on
2013 financial results.
About Franklin Mining, Inc. – Franklin Mining Inc. is a
publically traded international exploration and mining company,
headquartered in Las Vegas,
Nevada, with offices in Santa
Cruz, Bolivia. The Company adheres to the highest standards
of quality and efficiency by optimizing the Company's resources
through a system which places the preservation of the environment
among the Company's top objectives. Franklin Mining, Inc.
endeavors to find value in fields in which the projects can be
explored and exploited while contributing to the socio-economic and
cultural development of its society. The Company has developed
model mining operations through safe, cost effective and innovative
technologies. Franklin Mining Inc. has purposed to uphold a great
social commitment and respect for the environment while creating a
robust value for its shareholders, employees, and the region within
which it operates. Additional information can be found at the
Company's corporate website: www.FranklinMining.com.
Safe Harbor Act: This release may contain
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a company's annual report.
For additional information visit our website
at www.FranklinMining.com
or contact Investor Relations: (858) 537-7439,
fmnj@asaustinco.com
SOURCE Franklin Mining, Inc.
