Prom Resources (PRMO) Logs First Gold Sale
July 08 2008 - 3:23PM
Marketwired
MIAMI, FL ("the Company") announces its first gold sale. The
first shipment of 50kg was smelted and sold for the amount of USD
$1,250,000.
"This past year was tainted with a number of delays and setbacks
for which the Company and its shareholders had to bear the brunt.
So, I am very pleased that we could turn things around just before
the end of the fiscal year and end it on a positive note. Since the
main obstacles were overcome, this new fiscal year is expected to
be rosier. We anticipate strong sales and business developments,"
said, President of the Company, Dror Moradov.
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section
21B of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause the actual financial or operating results
of Prom Resources, Inc. and its subsidiaries (hereafter
collectively referred to as "the Company," "we," "our" or "us") to
be materially different from the historical results or from any
future results expressed or implied by such forward-looking
statements. The words or phrases "would be," "may allow," "intends
to," "may likely," "are expected to," "may continue," "is
anticipated," "estimate," "project," or similar expressions are
intended to identify "forward-looking statements." Such statements
include those concerning our expected financial performance, our
corporate strategy and operational plans. Actual results could
differ materially from those projected in the forward-looking
statements as a result of a number of risks and uncertainties,
including: (a) not being able to discover any material economically
feasible to mine; (b) whether we are able to manage our planned
growth efficiently, including whether our management will be able
to identify, hire, train, retrain, motivate, and manage required
personnel or that management will be able to manage and exploit
existing and potential market opportunities successfully; (c)
whether we are able to generate sufficient revenues or obtain
financing to sustain and grow our operations. Prom Resources,
Inc.'s plans, as reflected above, should not be construed by any
means whatsoever as a reflection of the Company's future stock
price or future financial results.
Contact: Dror Moradov President Telephone number: 954-697-2199
Email: Email Contact
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