Tuesday, March 04, 2008 12:53:55 AM
Russell Industries Acquires American Uranium Mining Company
Published: 06/19/07 08:21 AM CDT
Russell Industries, Inc. (RSDS) announces that it has acquired American Uranium Mining Company, formerly Ithaca Industries, Inc (ITHI). The Company owns 68 Uranium Mining Claims located in the Briger Jack section, San Juan County, Utah. “This acquisition is synergistic with Russell Industries’ focus on the Uranium market and will increase our holding company’s assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County,” said Rick Berman, who will be elected President and CEO. Ithaca, a publicly traded company, will continue to have its stock quoted on the pink sheet market. Russell Industries will announce the new symbol and date trading will begin in a future press release.
Berman is an idiot. Can you believe that he would actually send this PR for print when the whole time he was scrwing over the investors by buying AUMN himself.
What a joke. Berman if you are reading this, you're a joke.
-faz
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