PRZOOM - /newswire/ -
Cheyenne, WY, United States, 2010/05/08 - The Strategic Mining Corporation announced today that it filed a Form 10 with the SEC on April 30 to initiate the process to move to the Bulletin Board. The filing included the company's audited financials for 2008 and 2009. PINK SHEETS: SMNG
The SEC filing marks an important step for the company to move to a higher exchange with all the accompanying benefits. The Bulletin Board reaches a much wider audience both domestically and internationally. Strategic Mining would become a reporting company offering more transparency while investors and their brokers would have greater ease and less restrictions to monitor, buy and sell the company's stock. Financial institutions would be more inclined to invest into the company. Strategic Mining could more easily apply to list on exchanges in other countries such as Canada and Germany.
President, Todd Sterck commented: "We have been dedicated to all of the details required to make this move to the Bulletin Board over the past few months. This move will greatly assist Strategic Mining in establishing itself as a recognized worldwide gold exploration and development company".
About Strategic Mining Corporation
Strategic Mining Corporation (strategicminingcorp.com) is engaged in the exploration and development of gold properties in Vietnam, the U.S. and Africa. The company intends to expand by acquiring mineral rights to more key properties and initiating strategic joint ventures.
Safe Harbour: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding of discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identity forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.
Jan Moir / P: 705-361-3533 / E: janm[.]investorvalue.com.