CWRN: Baja Site Visit Set for Sept. 7, Engineers Evaluate Mining Plan
August 11 2009 - 7:30AM
Marketwired
Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) announced
today that management would meet with the Company's potential
partners in early September in Ensenada, Baja California to discuss
pre-mining production schedules, operational cost and evaluate the
Company's Baja Pacific Mining Plans. The group will also visit the
Pacific Ocean Port of Ensenada; the port of debarkation for China
bound bulk iron ore cargo. Recent increases in the "Spot Market"
iron ore price has sparked renewed interest from previous
interested parties; however, CWRN's president Bob Cotton said
today, "We have a group now that is dead serious on getting the
Baja Pacific Iron Ore Mining Project up and running and we are
working hard to that end and hopefully before the end of September
we can finally put the news out that many of long time shareholders
have been waiting for."
"Share Structure of CWRN as of August 11, 2009"
Authorized Common Shares : 6,000,000,000
Issued and Outstanding Shares : 2,308,601,980
Issued and Restricted Shares : 2,009,297,818
Issued and Free Trading Shares : 299,304,162
Issued and Free Trading Shares
Held in Electronic Trade Accounts : 173,763,364
as per the Depository Trust Corporation (DTC) Report dated 07.31.2009.
Related News
China Seaborne Iron Ore trade heats up as one off "Spot Prices"
break $110.00 per dry metric ton delivered cost on august 6,
2009.
About Cotton & Western Mining, Inc.
Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) was founded
in early 2005 as a Nevada Corporation by Robert L. Cotton, with a
specific plan and goal in mind; that being, to operate a low cost
and high profit junior "Iron Mineral Mining" company. Cotton &
Western Mining's mission is to offer reliable, high-quality and
cost effective raw materials to the steel manufacturing industry on
a global scale. For more information, please visit the company's
website at www.cottonwestern.com.
Safe Harbor: Statements regarding financial matters in this
press release other than historical facts are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, technology efficacy and all other forward-looking
statements be subject to the Safe Harbors created thereby. The
Company is a development stage firm that continues to be dependent
upon outside capital to sustain its existence. Since these
statements (future operational results and sales) involve risks and
uncertainties and are subject to change at any time, the Company's
actual results may differ materially from expected results.
Contact: e-media Direct, Inc. Investor Relations (866)284-2835
info@e-mediadirect.com
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