News
Delta Mining
Completes Pinksheets Disclosure Requirements; Status Updated
MISSOULA, MT -- (MARKET WIRE) --
10/14/08 -- Delta Mining and Exploration Corp. (PINKSHEETS: DMXC) is
pleased to announce that it has completed all necessary disclosure
requirements for Pinksheets.com.
Delta has been working with
Pinksheets for the past three months to remove the designation of
"caveat emptor" which originated as a result of an unauthorized
promotional email distribution. Delta has provided Pinksheets with
updated financial and corporate records to their satisfaction. As a
result, a new designation is now posted on their website and can be
viewed along with all company documents under the DMXC symbol on
www.pinksheets.com.
By having its status updated, Delta
has lived up to its promise to be more transparent with the public
and allows for the stock to be traded through online brokerage
service, which had previously placed restrictions on the sale of the
company stock.
With regard to future exploration,
Delta is currently reviewing all of its options and recommendations
presented by Apex Geoscience. A decision with a full outline of
exploration plans will be made public in the coming week.
About Delta Mining and Exploration
Corp., http://www.deltamine.com:
Delta is a mineral exploration company with an extensive portfolio
of diamond properties in central Montana, USA. Delta controls some
7,554 acres throughout Montana located within the Wyoming Craton
where much of North America's diamonds have been found.
NOTE: Safe Harbor for Forward-Looking
Statements.
This press release contains
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995 (the "Act"). In particular,
when used in the preceding discussion, the words "plan," "confident
that," "believe," "scheduled," "expect," or "intend to," and similar
conditional expressions are intended to identify forward-looking
statements within the meaning of the Act and are subject to the safe
harbor created by the Act. Such statements are subject to certain
risks and uncertainties and actual results could differ materially
from those expressed in any of the forward-looking statements. Such
risks and uncertainties include, but are not limited to, the ability
of the Company to complete the planned bridge financing, market
conditions, the general acceptance of the Company's products and
technologies, competitive factors, timing, and other risks described
in the Company's SEC reports and filings.
Contact:
Brett Rodli
Chief Executive Officer
406-214-4579
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