Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports Net Earnings for the 3rd quarter ending September 30, 2013, of $392,034, the Company’s first earnings report to include revenues from the producing La Jovita and San Pedro Copper Mines in Michoacán, Mexico. Amarium reported total production revenues from both sites of US$784,035 during the period.
Adam Carter, the President & CEO of Amarium stated that he was very pleased with the 3rd Quarter results, especially given all the changes the Company is currently undergoing. “Q3 is a milestone for the Company, as this marks the first earnings statement since the change of business direction and the acquisitions of the La Jovita and San Pedro Copper Mines. Revenues and earnings exceeded projections, due to production of both our copper mills running well ahead of schedule. We can now begin to focus more of our attention on the ongoing expansion and exploration activities at La Jovita, to ensure our growth moving forward.”
Amarium is focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties that will add substantially to the Company’s asset foundation. Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.
For additional information, please visit: http://www.amariumminerals.com
This press release contains statements that are forward-looking and which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in question are based on Amarium Technologies, Inc.’s current expectations and projections about future events, based on information currently available. The forward-looking statements found in this press release may also include statements relating to Amarium Technologies, Inc.’s anticipated financial performance, business prospects, new developments, strategies, and similar matters. Amarium Technologies, Inc. provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Amarium Technologies, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
Contacts:
Amarium Technologies Inc.
Investor Relations, +1-800-983-0814
Fax: +1-800-320-4180
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SOURCE Amarium Technologies Inc.
