LAS VEGAS, May 16, 2013 /PRNewswire/ -- Mission Mining Company (OTC Pink: MISM) – Mission Mining Company has engaged Silberstein, Ungar, PLLC, CPA's and Business Advisors, a PCAOB auditing firm, to audit the past two fiscal years of the Company's financial statements in preparation for filing a registration statement on Form S-1 with the SEC in order to become a fully reporting '34 Act company. The audit is underway at this time, and is anticipated to be completed within a few weeks. The completed audit will soon be made available to shareholders on the OTC Markets website.
Mission Mining Company has recently been granted full DTC eligibility status by the Depository Trust Company (DTCC). DTCC has permitted Mission Mining Company's stock to resume being deposited under DTC to enable normal electronic trading of MISM stock. This now allows the financial marketplace to execute standard trades, ultimately generating a broader distribution of MISM stock throughout all segments of the investment community.
About Mission Mining Company:
Mission Mining Company will focus on the acquisition and development of significant US gold and silver mining properties under a business plan to expeditiously place these mining properties into production. The Company has recently acquired 100% ownership in the Gold Star mining property in western Nevada, holding substantial values in total Measured, Indicated, and Inferred gold and silver resources. The Gold Star Mine is a large mining property in Esmeralda County, Nevada, near the town of Goldfield made up of drilled and tested high value alluvial deposits. The property is comprised of six U.S. Bureau of Land Management claims making up 960 acres of total land area. The Gold Star Mine promises to be a cornerstone development project, under which Mission Mining Company plans to pursue the mining and production of gold and silver ores. Continuing its commitment to restructure the Company on behalf of its shareholders, management has made a decision to focus on the acquisition and development of large US gold and silver mining properties. As a result of the acquisition of the Gold Star Mine, the Company has significantly increased its total assets, as reflected in its financial statements filed with OTC Markets.
This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Carlton Wingett – CEO
Phone – 888-459-4889
SOURCE Mission Mining Company