Welcome!

Linux Containers Authors: Pat Romanski, Liz McMillan, Yeshim Deniz, Zakia Bouachraoui, Elizabeth White

News Feed Item

G & S Minerals Announces 2007 Year-in-Review and 2008 Strategy Plan; Comments on Unauthorized Marketing Programs

G & S Minerals Announces 2007 Year-in-Review and 2008 Strategy Plan; Comments on Unauthorized Marketing Programs

LAS VEGAS, NV -- (MARKET WIRE) -- 02/04/08 -- G & S Minerals, Inc. ("G & S") dba Gold & Silver Minerals (PINKSHEETS: GSML) (FRANKFURT: G9S), a mining company focused on developing high-quality and low-risk mineral resource and energy prospects, today announced its 2007 Year-in-Review, 2008 Strategy Plan, and information regarding unauthorized marketing programs.

G & S management is pleased to report that 2007 was a year in which the company built a strong and confident foundation. It was the Company's intention to first reorganize its public vehicle, which was widely a successful endeavor with the re-listing of its common shares on the Over-The-Counter Pinksheets and its listing on the Frankfurt Stock Exchange. These trading venues are critical to offering shareholders liquidity while encouraging a broad base of share ownership.

Last July, the Company announced that it retained Michael Sandidge, a Registered Professional Geologist, as a director of the company. The addition of Mr. Sandidge has proven beneficial to the formation of a professional and experienced management team. To this effect and under his leadership, the Company began the process of its first-ever financial audit, a requisite component of a future listing on the Over-The-Counter Bulletin Board (OTC:BB). To close the year, the company signed a milestone $2,000,000 Private Equity Credit Agreement with Special Opportunity Funding, LLC to provide essential operating capital with restricted equity that would not be immediately dilutive to common shareholders.

After a successful year of development, the Company begins 2008 with renewed vigor. The Company recently announced a landmark Strategic Cross-Investment and Gold Field Development with Mayan Gold, Inc., that, upon its completion and execution of definitive agreement, will greatly enhance shareholder value and add to the G & S portfolio of properties. Following what the company believes will be a successful close to the Mayan Gold transaction, management expects to begin the final stages of the internal audit (performed by Gruber & Company, LLC) and establish periodic reporting of financial statements and application to uplist the Company to the more liquid OTC:BB venue. Principally, the company will focus on establishing revenues, increasing those revenues, and determining the best course of action to achieve full profitability. As part of the anticipated growth, the Company will continue to expand its personnel with experienced, qualified, and motivated mining professionals to join the Company team.

Although we share an optimistic outlook of our Company, management has recently been notified of several unsolicited, unauthorized marketing programs that have been promoting G & S Minerals stock primarily through bulk, unsolicited email ("spam") and unsolicited text messages. G & S Minerals and its management categorically condemn this activity and remind investors that these communications are not authorized by the company in any way, shape, or form. Use of any information obtained through these channels may be wholly inaccurate and misleading, and G & S shareholders should only rely upon information publicly released by the Company or contained in public documents or filings released by the Company, Pink Sheets, LLC, the Securities & Exchange Commission, or other agency known to be an authentic data source. The company has contacted its legal counsel to investigate all claims of unsolicited marketing activity and will forward its findings to the proper authorities.

ABOUT G & S MINERALS, INC.:

G & S Minerals, Inc. (which also does business under the name "Gold & Silver Minerals") is a mining company focused on acquiring and developing high-quality, low-risk mineral resource and energy prospects. G & S Minerals is aggressively pursuing opportunities to develop working interests in mineral properties that offer a short time to production, as well as significant upside exploration potential. In addition, G & S Minerals is investigating opportunities for corporate transactions that will expand the mineral and resource portforlio. By leveraging an extensive network of industry contacts, management expertise, smart acquisitions and a strong market for minerals, G & S Minerals is working to build rapid asset growth, near-term cash flow, market interest and shareholder value. Additional information is available at G & S Minerals' website at www.gold-silverco.com.

Forward-Looking Statements:

This press release contains numerous forward-looking statements within the meaning of applicable securities laws relating to the agreement in principle and the respective companies' businesses. These statements are subject to numerous assumptions and uncertainties, many of which are outside the companies' control. Operating, exploration and financial data, and other statements in this document are based on information the companies believe to be reasonable, but involve significant uncertainties as to the final structure or consummation of possible transactions, the terms thereof, if any, availability and pricing of financing, mineral prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, construction schedules, currency exchange rates, and the completion and/or updating of mining feasibility studies, changes that could result from either company's future acquisitions or dispositions of new mining properties or businesses, the risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather or geologically related conditions), regulatory and permitting matters, risks inherent in the ownership and operation of, or investment in, mining properties or businesses in foreign countries, as well as other uncertainties and risk factors. Actual results and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. The companies disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
G & S Minerals, Inc. dba Gold & Silver Minerals
Investor Relations
Steve Jaloza
Phone 516 429 4691

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to great conferences, helping you discover new conferences and increase your return on investment.
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER gives detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPOalso offers sp...
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. The IoT Global Network is a platform where you can connect with industry experts and network across the IoT community to build the successful IoT business of the future.
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?