InvestorsHub Logo
icon url

righty

12/12/07 2:14 PM

#248 RE: Aware #247

It was one of those , knee jerk reactions predicated on excitement and freedom of speech.

And I had more to talk about at the time but had to go do other stuff.

I will give credit where credit is due.

It seems the talk about financing has turned to other things besides the 504 style.

That was something that came to mind.

And it was a perfect opportunity to remind you to put the news, in your ibox. Not like that's a big job, not asking much.

It's a good one too, says something about trying other things.

Here ya go.

December 6, 2007 - 4:00 PM EST

American Uranium Mining Announces 2008 Strategic Plan

American Uranium Mining, Inc. (Pink Sheets:AUMN), is pleased to announce its 2008 strategic plan. AUMN owns a one hundred percent operating interest in 68 unpatented uranium mining claims in the Bridger Jack area of San Juan County, Utah. The plan calls for the Company to selectively and on a limited basis; permit, drill, log, reclaim and sell any U308 it finds in an effort to generate revenue by the end of the fourth quarter of 2008. The Company will also search for a suitable senior mining joint venture partner to form a strategic alliance for continued growth. The Company plans to finance its plan by raising equity capital pursuant to and in compliance with SEC Rule 504 Regulation D. The Company has chosen to sell these shares to accredited investors only. The Company will also explore other potential sources of equity capital during 2008. The equity capital is being raised for repayment of organizational costs, operational expenses and working capital.

Safe Harbor

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. Investors should be aware that the Company raises equity capital by selling its stock as per SEC Regulation D, Rule 504 Exemption to Accredited Investors. One result of this method of financing is a large amount of issued and outstanding free trading common stock in the market.


American Uranium Mining, Inc.
Rick Berman, +1-832-631-6071
Fax: +1-832-631-6274
aum308@aol.com
www.aumn.org



Source: Business Wire (December 6, 2007 - 4:00 PM EST)

News by QuoteMedia
www.quotemedia.com