LONDON, Nov. 16, 2012 /PRNewswire/ -- Britannia Mining Plc, a UK based mining development company, reconfirmed for its international shareholder base that the Company has executed an Agreement and Plan of Merger with U.S. based Micron Enviro Systems (Symbol: MSVS); merging the two companies.
"This merger marks a turning point for Britannia Mining," stated Kenneth Roberts, CEO of Britannia Mining. "Joining with a public company enables us to leverage the growth, assets, revenues and investment interest we already demonstrate. We should also have greater access to capital on a global scale."
Britannia is focussed on delivering huge resource potential to its new Micron shareholders through its existing projects. The company also anticipates acquiring a balanced portfolio of mineral prospects as near term income generating assets.