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Meet the 2006 XYZ Gold Team - Pearl Asian Mining Industries, Inc.; No Reverse Split is Planned for Now

Posted on: Monday, 27 February 2006, 15:00 CST

Pearl Asian Mining Industries, Inc. (OTC:PAIM) is happy to introduce the 2006 XYZ Gold Team - Pearl Asian Mining Industries, Inc. and that there is no reverse split planned for now!

Shareholders are invited to meet the Gold Team running and overseeing the complete operation of the XYZ Gold Mine. XYZ GOLD TEAM & STRATEGISTS BOARD OF DIRECTORS Chairman E. Pearlasia President Randolf Villanueva VP/CRO Fr. Ariel ADVISORS Engr. Pete Caleon Mining/Geologist Engr. JR Famor Plant Machineries Procurement Gil Apuya Geological Co. Consulting Geologist Atty. Earl Diao, IV Legal Counsel/CPA/CFO MsSgt. Edward Madrid E.V.P./Field Security HEAD OFFICE ADMINISTRATION EVP/Secretary & Hrd Mgr. Abegail Dormitorio EVP/Auditor/Risk Mgmt. Arlene Balagbagan Procurement Mgr. Arnel Morilla XYZ OPERATION GOLD FINGER TEAM 1. Consultant - Chief Mining Officer (CMO) Socrates Serrano 2. Overall-In-Charge Mining Engineer (OIC) Jonathan Mercado ENGINEERS-IN-CHARGE 3. Design & Plant Development Engineer (DPD) Ricardo Bernardo (To Include Cebu Gold Refinery Facility) 4. Tunnels Rehab & Underground Mines Develop. Cesar Rosales 5. Safety Dev. & Environmental Protection (SDEP) Trecero Reyes 6. Road & Infrastructures Development (RCSID) Michael J.Penalosa Land Mine & Satellite-Cell Site Surveyor (LMSCS) 7. Senior Field Geologist Regino Selvano 8. On-Site Host Community Development Director Manolo Tecson 9. Computer IT Gil Apuya III PEARL ASIAN METALLURGICAL & CHEMICAL ASSAY LAB (PAMC LAB) 10. Laboratory Business Development Gary Anthony Gotanco Chief Chemical Engineer 11. OIC Metallurgist Elvis Hidalgo 12. EIC Research & Development Rochelle Laylay 13. EIC Quality Assurance/Quality Control EmyLyn Noma

VISION STATEMENT

Pearl Asian Mining Industries, Inc. (PAIM) will lead the Filipino mining industries into the 21st century. Pearl Asian Mining is globally commitment to its international shareholders for generating excellent Return On Investments (ROI). To make Pearl Asian Mining Industries, Inc. the "Model" for all mining companies in the Philippines; the "Pioneer" to make, use and leverage the involvement of the host communities, as well as the local and international NGOs (Non-Governmental Organizations); and the "A Team" to help sustain the economic stability of the Republic of the Philippines, by participation in the development of the Philippines Mining Industries, as well as the involvement of its host community and environmental protections.

MISSION STATEMENT

It is the ultimate mission and intention of Pearl Asian Mining Industries, Inc. (PAIM) to partner with the Philippine Government and its local host communities in order to acquire abandoned mines with known and proven gold reserves, left untapped and abandoned for centuries. Pearl Asian will make profitable business operation side by side with environmental protection and sharing of benefits to host communities through adoption of maximum efficiency and applicable state-of-the-art technologies.

Pearl Asian Mining (PAIM) is teamed up with world-class, experienced, renowned and select cream-of-the-crop Mining, Mechanical, Electrical, Civil, Chemical & Metallurgical Engineers, Geologists and other highly qualified support team members, who will become the corporate model to make a real and lasting contribution to the communities in which Pearl Asian operates considering all aspects of its safety and healthy environment.

FORWARD-LOOKING STATEMENTS

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. Factors that can cause actual results to differ materially from anticipated results include the risks and uncertainties such as the risks relating to estimates of reserves; mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny Stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Source: Business Wire

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