FRANKLIN MINING, INC INTRODUCES NEW BUSINESS MODEL
FOR EXISTING AND FUTURE MINING AND ENERGY PROJECTS
Carson City, NV. January 28, 2015 – Following an intense three month review of all current mining and energy opportunities currently available to Franklin Mining, Inc Chairman, William Petty has accepted a recommendation from the Company’s recently convened executive committee for prioritizing and organizing 2015 business operations.
Originally prepared in 2008, studied and followed internally, Franklin’s plan for previously selecting and negotiating multiple joint-venture arrangements with companies in Bolivia and Peru will be expanded to include newly available opportunities in Southeast Asia.
Franklin’s Executive Committee – announced in November 2014 and composed of engineers, planners, a legal consultant and a financial advisor – will follow the 2008 Guidelines as they review and evaluate opportunities best suited for contributing to the success of the company.
Under the 2008 Guidelines, the Committee will only consider opportunities utilizing Franklin managerial and supervisory personnel in those two leadership roles while the owners of each individual opportunity provide day-to-day operations of their property.
The Committee’s financial advisors will guide Franklin in the use of corporate equity and other assets in establishing joint-venture agreements according to the unique characteristics and potential profitability for individual mining and energy projects.
