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Saturday, March 26, 2011 10:44:49 PM
Hidalgo Mining International Inc., (HMIT) Announces Today That It Has No Current or Future Plans to Reverse Split Its Common ...
Hidalgo Mining International Inc. (OTCPK: HMIT), announced today that management has no current or future plans to reverse split its common stock.
William Veve, President, stated: “Many shareholders have asked whether Hidalgo Mining International Inc. has any plans to reverse split its stock. I can assure our shareholders that this action is not in our plans and furthermore we do not have any plans to affect a reverse split.”
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect Hidalgo Mining International Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Hidalgo Mining International Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. Hidalgo Mining International Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in Hidalgo Mining International Inc.'s expectations.
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