U.S. Canadian Minerals, Inc. Changes Name to Noble Consolidated Industries Corp
U.S. Canadian Minerals, Inc. (Pink Sheets:USCN) (the “Company”) announces that, effective October 1, 2009, the Company has changed its name to Noble Consolidated Industries Corp. The new name of the Company reflects the fundamental changes in corporate structure, management and business focus that were triggered by the share exchange which took place on July 15, 2009, between the Company and Noble Technologies Corp. The Company will apply to FINRA for a new trading symbol to reflect the change in name.
Noble Consolidated Industries Corp is a service provider to the North American mining industry and is specifically focused on the processing, smelting and refining of precious and base metal ore bearing concentrates as produced by third party mine owners and operators. The Company uses an innovative process designed to optimize the recovery of targeted minerals at its 31,000 square foot processing facility in McCarran, Nevada.
FORWARD-LOOKING STATEMENTS
This press release contains statements which may constitute “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of U.S. Canadian Minerals, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include, among others, material variations in the value of the commodities being processed and refined by the Company, unforeseen material fluctuations in operating results and the ability to compete successfully in our market sector. Forward looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as updates may be required by applicable law. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, the risks and uncertainties outlined in our most recent financial statements and reports and registration statements filed with the United States Securities and Exchange Commission (the "SEC")(available at www.sec.gov). Although the Company believes that the plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time-to-time with the SEC. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
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