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E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE |
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Pearl Asian Mining Industries Inc. Announces NEW SYMBOL and Re-Incorporation to USA, Extra-Provincially Registration in British Columbia, CANADA, and SEC Registration in the PHILIPPINES with other developments. |
PRMN- New US Symbol for Pearl Asian Mining Industries Inc. |
MANILA, PHILLIPINES, May. 27 -/E-Wire/--
The Pearl Asian Mining Industries, Inc. (OTC New Symbol PRMN) today announces the re-incorporation to the United States, the registration and licensing in British Columbia, Canada, and registration with the Philippines SEC.
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As of April 21, 2004 , the Pearl Asian Mining Industries Inc. is now incorporated in the U.S. as a corporation under the laws of the State of Oregon Reg. No. 215064-98. As of 05/07/2004 PAMJF (Old Symbol) Pearl Asian Mining Industries Inc. Ordinary Common Stocks received a 1for 5 Forward Split F/S, Payable Upon Surrender, bearing a New Symbol PRMN: CUSIP No. 704752 30 2: ISN No. US 7047523029. On May 1, 2004, the Pearl Asian Mining Industries Inc. is now duly registered and licensed in British Columbia Reg. No. A0062152. The Pearl Asian Mining Industries Inc. is a Junior Mining Exploration Company to start the feasibility studies of exploring its acquired 49 silver, copper, zinc mining claims in the Slocan Area this summer.
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Effective April 20, 2004, the subsidiary, Pearl Asian Mining Industries Inc. is now officially registered in the Republic of the Philippines under the Securities and Exchange Commission issuing the Certificate of Incorporation in accordance with the Corporation Code of the Philippines SEC Reg. No. CS200406023. The company is duly approved to negotiate in order to acquire most of the abandoned and unmined gold mining properties around the Philippines Archipelago, for further exploration studies, development and productions of the well sought commodity Gold, Silver and all other precious metals. The Philippines is rated No. 8 as the World's Gold Producer.
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The newly re-elected President Gloria Macapagal Arroyo, the Philippines Mining Industry will definitely begin the new era of the re-entry of mining operations and foreign investments to boost the country's economy. The existence of the Pearl Asian Mining Industries Corporation in the Philippines will assist the country in its dwindling economy to a progressive and healthy economic state by providing jobs to its Filipino Citizens and Equity- Profit-Sharing Programs between the Company, Pearl Asian Mining Industries Inc. and the Republic of the Philippines. The company is controlled and operated by the first ever in the Philippines History, all expert Filipino Mining Engineers and Support Groups.
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The company as both a Domestic Philippines Corporation, a Foreign Registered U.S. Corporation, and a duly Registered Canadian Corporation, will bring forth the new era of gold, silver and other precious metals production, explored and produced from the abundance of rich and easily accessible gold and natural mineral deposits from the Islands of the Philippines. The mining industry has been around for centuries, accounting for over 30% of the Philippines Islands' GDP in late 1990. This was, is and will be "The Philippines Mining Project of this Millennium" said E. Pearl Asian, CEO of the Pearl Asian Mining Industries Inc."
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Forward-Looking Statements:
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With the exception of historical information, this news release and accompanying information may include forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various risks. There are numerous factors that could contribute to such differences, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results. For more information about this corporation, please see these companies' website www.pearlasian.net / e-mail: pearl@pearlasian.net
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/SOURCE:
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The Pearl Asian Mining Industries, Inc. |
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05-27-2004 |
/CONTACT:
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F. de los Santos
(310) 437 9487 USA
Investor Relations (310) 861-5311 Fax
63-2 687 5028 EXT. 240 PHILIPPINES
63-2 687 5033 Fax
(604)688-9589 CANADA
(604)688-9586 Fax |
| /WEB SITE: |
http://www.pearlasian.net
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