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Press
Release Source: U Mining Resources Inc.
U
Mining Resources Inc. Announces Imminent Nominations of New Board
Members and Line Officers
Wednesday June 27, 8:30 am ET
The Company Is Now Well Positioned With Its Territories;
Laurentide 1 and 2, Chibougamau, Ungava Bay 1 and 2, in Northern Quebec
and U.S. Toiyabe Peak
NEW YORK, NY--(MARKET WIRE)--Jun 27, 2007 -- U Mining Resources
Inc. (Other OTC:UMNG.PK
- News)
today announced the imminent nomination of new Board Members and
Line Officers.
Seeing as to how U Mining Resources Inc. has grown at a faster rate
than expected with high quality properties in three different areas
of Northern Quebec in the Uranium field, and pursuant to the recent
addition of the 50% Venture agreement in the Nevada Property Toiyabe
Peaks, the present Board of Directors has determined that additional
members must be obtained to support the active progression of the
Company. During the past few weeks management has interviewed several
candidates to fulfill necessary needs of the Board and to identify
highly experienced individuals to act as line officers. These candidates
will meet the demands required for a continuous steady growth and
obligations of a reporting Company.
The NI-43101 report requested for Laurentide 1 and 2 properties
is due shortly which will have an immense impact on the Company,
meaning value concerning both share price and company value. It
was noted by our explorers that Uranium Claims have now become a
scarcity in North America. For this reason we are more than pleased
with our present Uranium assets. Once having obtained NI-43101s
in all areas and with Scope of Work Directions from the Geologists
this company will be well situated amongst other uranium companies.
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For more information on U Mining Resources Inc, please visit
the Company's corporate website at www.umining.com,
and/or speak with one of the Investor Communications Representatives
at U Mining's Investor Relations firm Equiti-trend Advisors. Reps
are available on market days from 9:30 a.m. to 5:30 p.m. EDT by
calling (800) 953-3350.
Forward-Looking Statements:
Please be advised that statements made herein, other than historical
data, constitute forward-looking statements that involve risks
and uncertainties that could cause actual results to differ materially
from those stated or implied by such forward-looking statements.
The potential risks and uncertainties include, among others, potential
volatility in the company's stock price, increased competition,
customer acceptance of new products and services offered by the
company, and uncertainty of future revenue and profitability and
fluctuations in its quarterly operating results. Please also be
advised that the company's stock is not currently registered with
the Securities and Exchange Commission.
Contact:
Investor Relations:
Equiti-trend Advisors
(800) 953-3350
http://www.umining.com
Source: U Mining
Resources Inc. |