CWRN: B.O.D Extends 90 Day Freeze on Issuing Free Trading Shares http://www.marketwire.com/press-release/Cotton-and-Western-Mining-Inc-1030126.html HOUSTON, TX--(Marketwire - August 13, 2009) - Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) announced today that the Board of Directors by consent resolution extended its freeze on issuing new free trading shares for another 90 day period. The total number of free trading shares has remained at 299,304,162 since May of 2009. The unannounced action resolution was put into force in May, pending the success of a negotiation involving the execution of an agreement with a buyer - financier for the Baja Pacific Iron Mining Project. Since the Company completed its exploration activities in Baja California in late 2008, the Company has reduced its general and administrative cost to a bare minimum and has reserved its cash in response to the down-turn in the steel industry. The recent surge in the China Seaborne Trade has been a welcomed sign of improved market conditions for the iron ore trade and has brought with it the renewed optimism for the successful start-up of the Baja Pacific Iron Mining Project. It is most certain that the Company will begin preproduction activities at the Baja Pacific N0.14 magnetite iron mineral reserve before the end of September, 2009. The purpose of the freeze on issuing new free trading shares is to eliminate any further dilution of the Company's stock, keeping it at the current level and letting the market settle the value of the Company once a revenue stream is generated; this also will insure that no reverse split of the Company's stock will be executed as the Company moves forward.
"Free Trading Shares of CWRN as of August 13, 2009"
Issued and Free Trading Shares : 299,304,162
About Cotton & Western Mining, Inc.
Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) was founded in early 2005 as a Nevada Corporation by Robert L. Cotton, with a specific plan and goal in mind; that being, to operate a low cost and high profit junior "Iron Mineral Mining" company. For more information, please visit the company's website at http://www.cottonwestern.com
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. Contact: e-media Direct, Inc. Investor Relations (866)284-2835 info@e-mediadirect.com
HOUSTON, TX--(Marketwire - August 4, 2009) - Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) Announced today that the company has completed the retirement of 2,995,000,000 restricted common shares; the following is the up to date stock inventory of CWRN.
"Share Structure of CWRN as of August 4, 2009" Authorized Common Shares : 6,000,000,000 Issued and Outstanding Shares : 2,308,601,980 Issued and Restricted Shares : 2,009,297,818 Issued and Free Trading Shares : 299,304,162
Issued and Free Trading Shares Held in Electronic Trade Accounts: 173,763,364, as per the Depository Trust Corporation (DTC) Report dated 07.31.2009.
Related News
The opening of the Baja Pacific Iron Ore Mining Project is currently being reviewed by the company's potential partners and it is hopeful that some resolution will be obtained within the 3rd quarter of 2009.
About Cotton & Western Mining, Inc.
Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) was founded in early 2005 as a Nevada Corporation by Robert L. Cotton, with a specific plan and goal in mind; that being, to operate a low cost and high profit junior "Iron Mineral Mining" company. Cotton & Western Mining's mission is to offer reliable, high-quality and cost effective raw materials to the steel manufacturing industry on a global scale. For more information, please visit the company's website at www.cottonwestern.com.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. Contact: e-media Direct, Inc. Investor Relations (866)284-2835 info@e-mediadirect.com
NO DILUTION T/A IS NOT GAGGED T/A sent me a pdf adobe reader page with this on it. Total common Shares 2,308,601,960 Total Restricted Shares 2,009,297,816 Outstanding Shares 299,304,164
Marcia,
Below is a request letter from one of our shareholders, please send him the O/S, R/S and Free Trading share count.
Thanks Bob
Robert L. Cotton
President & C.E.O.
Cotton & Western Mining, Inc. Houston, Texas / U.S.A. [OTC:PK / CWRN]
Pan American Minerals Ventures, S.A. de C.V. / Ensenada, Baja California, Mexico
Robert L. Cotton Jr. President & Chief Executive Officer
Hello Mr. Cotton, I am an inverstor in CWRN
You wanted an e-mail verification, here it is sir.
Question: Verification of share structure. Shareholders need to verify the share structure per: PR's Please release the transfer agent to communicate with shareholders.
STANDARD REGISTRAR & TRANSFER CO INC 12528 SOUTH 1840 EAST DRAPER, UT 84020 PHONE: 801-571-8844 FAX: 801-571-2551 E-Mail standardregistrar@comcast.net
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