Micron Enviro Systems and Britannia Mining Merger Ratified
31.01.2013 | Marketwire
NEW YORK, Jan 31, 2013 - Micron Enviro Systems, Inc. (PINKSHEETS: MSVS), an emerging mining company and Britannia Mining Plc, a UK-based mining development company (recently merged with MSVS -- pending today's shareholder ratification), announced that all aspects of the plan of merger have been approved by Micron shareholders. The company once known as Micron Enviro Systems will now officially become Britannia Mining.About Micron Enviro Systems
Micron Enviro Systems is an emerging mining company which explores and pursues opportunities in gold, coal and lithium. Much of the business set in leveraging various gold claims, leases and permits to enhance shareholder value. Over the course of 2012, in narrowing its scope of operation, Micron surrendered various leases and permits unrelated to gold.
In October of 2012 Britannia Mining (UK company) solidified its interest in Micron and executed an agreement to Merge with Micron pending ratification by shareholders.
Micron Enviro Systems is now headed by the CEO of Britannia Mining, Mr. Kenneth Roberts.
For more information, please visit www.micronenviro.com.
About Britannia Mining
Britannia Mining is an explorer and developer of mining projects. The company is developing a high grade iron ore project in Malawi and holds an Exclusive Prospecting License (EPL) for iron ore over 650 sq km at Nthale, Blantyre. From magnetic imaging studies that have been completed over a test area of 20 sq km, the company has located a number of ore bodies that indicate this 20 sq km area could yield upwards of 40 million tonnes iron ore. The company intends to mobilize a drilling program, where upon completion the company expects to provide a resource definition of the first target at Nthale Hill.
Britannia Mining is in talks with a number of potential partners to implement a near term mining plan at Nthale Hill.
Safe Harbor
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
You should independently investigate and fully understand all risks before making investment decisions.
Contact
Investor Relations
(646) 580-1153
Email Contact
www.micronenviro.com