LAS VEGAS, May 28, 2014 /PRNewswire/ — Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports record earnings and production for 2014 Q1, with an increase in gross revenue of 54% over the previous Quarter (2013 Q4). For the first quarter ending March 31, 2014, gross revenue was $1,064,370 as compared to the previous quarter endingDecember 31, 2013, having gross revenues of $689,343.
“We are proud to get off to such an amazing fiscal start to 2014, with record production, gross revenue and net earnings for this first quarter of 2014. “The increase is largely due to with the ramp up in production at both Jovita and San Pedro“, said Adam Carter, the President & CEO of Amarium.
Amarium also announced the Company is currently mobilizing drilling equipment at San Pedro in anticipation of engaging their Spring drill program. Drilling on the San Pedro property is expected to begin in early June.
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.
Amarium Technologies Inc.
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SOURCE Amarium Technologies Inc.