Cotton &Amp; Western Mining Finalizes Agreement With Wah Seong China, Ltd.
Posted on: Thursday, 8 June 2006, 06:00 CDT
Cotton & Western Mining, Inc. (PINKSHEETS: CWRN), a global iron ore mining company, announced today that the contract executed on May 18, 2006 with Wah Seong China Limited for a shipment of Grade A magnetite fines has been finalized. The shipment was to be for 75,000 to 100,000 dry metric tons, and is now set for 75,000 dmt with a sales price of $2,850,000.00. Tentative load-out from the Pacific Port of Manzanillo, Mexico is scheduled for the end of July 2006.
For more information please visit the company website at: http://cottonwestern.com, or you may contact Investor Relations at (973) 351-3868 and ask for Stephen Taylor.
About Cotton & Western Mining, Inc.:
Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) is a US corporation structured to produce and sell iron ore on a global scale. The company is focused on the growth and production of its iron ore in Mexico and other countries.
About Wah Seong China Limited:
Registered in Hong Kong, Wah Seong China Limited is the subsidiary company of Wah Seong Corporation Berhad, in Malaysia (listed on the main board of Kuala Lumpur stock exchange center). In 2003, Wah Seong China Limited set up its operation office in Shanghai, China, the most business dynamic area in the world. One of their core businesses is the supply of iron ore and other materials to Chinese manufacturers.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events
Contact: Cotton & Western Mining, Inc. Investor Relations Stephen Taylor Phone# (973) 351-3868 stephtayl9@aol.com
SOURCE: Cotton & Western Mining, Inc.
Source: MARKET WIRE
Related Articles
- Ivanhoe Mines to Sell Controlling Stake in Jinshan Gold Mines to China National Gold Group Corporation
- Ascendant Copper Corporation Announces Exploration Venture in Ecuador With Rio Tinto Mining and Exploration Limited
- Quest Minerals &Amp; Mining Moves Forward &Amp; Signs Letter of Intent to Acquire Parsons Branch Permit
- Quest Minerals &Amp; Mining Reaches Agreement With Convertible Noteholders on Debt Restructuring
- Western Canadian Coal and NEMI Northern Energy &Amp; Mining Extend Exclusivity Period
- Cotton and Western Mining, Inc. Receives Strong Upgrade By Respected Research Firm
- China to Close at Least 4,000 Coal Mines This Year: Official
- Air China Limited Announces 1H 2005 Results; Net Income Reached RMB 642 Million Despite High Oil Price
- China to Have Industrial Policy on Iron, Steel
 |
 |
User Comments (0)
RSS Feeds