Telefix Communications Holdings Inc. (TLFX)

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GARDNERVILLE, NV, Oct. 8 /PRNewswire-FirstCall/ - Brazilian Mining Corporation (OTC:BRZM.PK - News) Due to the economic climate in Brazil and decline in the diamond industry the company has dissolved the JV partnership with Mineradora and ceased operations in Brazil. The company also accepted the resignation of Stephan Muller Director and Lou Pearl Director and Secretary of the company as well. The company President and sole Director Michael Dillon is currently evaluating several potential acquisitions and will update shareholders as we make progress.

Forward-Looking Statements:

This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of Brazilian Mining Corporation future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: Michael J. Dillon, [phone], www.brazilianmining.net