General Metals Announces Annual Meeting September 16, 2011, Reno, NV
RENO, Nev., Aug. 3, 2011 /PRNewswire/ -- General Metals (OTCBB: GNMT) announced today that in the Preliminary 14A Proxy Statement filed yesterday with the SEC it has called its Annual Meeting to take place at the offices of the Company in Reno, NV at 10:00 am on Friday, September 16, 2011. The record date for shares eligible to vote at the meeting is August 7, 2011.
Company President and CEO Dan Forbush commented: "The Company and the Independence project have moved forward during the year. The progress is even more gratifying considering the economic difficulties faced by our company as well as all companies this year. We are grateful to our shareholders who provided funding and support through these tough times. There are many steps in the process of bringing the Independence Project into production and we have laid them out one by one in order in our plan and are completing them as quickly as Company finances will allow. The target to bring the project into production is the focus of our activities."
Further details regarding the Independence mineralization, drilling efforts, both historical and current together with current permitting activity are available on the Company's website www.generalmetalscorporation.com.
About General Metals Corporation: General Metals Corporation is an aggressive junior minerals exploration and development company, based in Reno, Nevada. The Company is actively exploring and developing its 100% controlled Independence property strategically located in the prolific and highly prospective Battle Mountain Mining District of Nevada.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that the proceeds from the recent private placement will allow the Company to proceed with permitting at its Independence Mine in Nevada or any shallow mining production at any time, that any estimated ounces of gold or silver are contained in the mineralized material in the "Shallow Target," and is proposed to be mined and loaded onto a cyanide heap leach pad, or any future financings that the Company may enter into.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
Wayne Meyerson
Investor Relations
General Metals Corporation
615 Sierra Rose Dr. Suite 1
Reno, NV 89511
[email protected]
775.583.4636 office
SOURCE General Metals
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