Amarium Schedules Additional Copper Shipments to Asian Market
LAS VEGAS, October 25, 2013 /PRNewswire/ --
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company has scheduled additional copper shipments to the Asian market, due to increased sales orders from Anglo-Asia Resource Partners. Amarium is currently organizing shipping and production schedules at both the Jovita and San Pedro Mine facilities to ensure the Company successfully fulfills the new sales orders. Anglo-Asia Resource Partners is a private Hong Kong partnership that is focused on procuring precious and base metals for the Asian market's manufacturing and industrial supply chain.
"Our strategy from the onset has been to leverage our existing network and target the Asian market. Developing our relationship with Anglo-Asia has been a key factor in the success of that strategy," said Adam Carter, the President and CEO of Amarium. "It is a positive indicator that sales orders are outpacing our regular monthly commitment to Anglo-Asia and speaks to the health of our coal streaming agreement."
Amarium recently announced the first shipment of copper to Anglo-Asia as part of the ongoing commitment to a copper streaming agreement signed between the two companies in June of this year. At the time, Mr. Carter stated, "The first copper shipment is an important milestone for Amarium and signals an exciting new era for the Company."
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.