Listing on Brazilian Stock Exchange
posted on
Apr 26, 2010 07:23PM
(Edit this Message from the "Fast Facts" Section)
MURPHY, ID, Apr. 26, 2010 (Marketwire) --
MURPHY, ID -- (Marketwire) -- 04/26/10 -- Pursuant to South American investors having shown an intense interest in Silver Falcon Mining, Inc.'s (OTCBB: SFMI) operation, the Company announces the signing of an agreement with a Brazilian agent to:
1) Meet with a Sao Paulo legal team to plan an offering on the BOVESPA (Brazilian Exchange).
2) Translate Silver Falcon Mining, Inc. (SFMI) web site to Portuguese and linking the Brazilian version with the North American version by means of a corresponding flag.
3) Getting membership in the Brazilian American Chamber of Commerce in New York City.
With Brazil's currency (the Real) hitting a 6-year high against the Dollar and gaining substantially on the Euro and the Swiss Franc, Brazil's stock market and economy continue to be recognized as one of the hottest growth countries on the planet. Based on these facts, Management concludes that a stock listing of SFMI's shares on the BOVESPA would further advance international shareholder participation in the Company.
Mr. Pierre Quilliam, President, stated, "We are very excited by this opportunity to start a long term relationship with the high caliber of people involved in this cooperative effort. We now have the opportunity to advance SFMI's international presence with pending listings on both the Canadian and Brazilian stock exchanges. Once completed, these international listings should give the Company a very unique, respected, and comprehensive international recognition."
Further Information: contact Rich Kaiser, Investor Relations, 800-631-8127 and/or the Company at 941-761-7819, www.silverfalconmining.com.
Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward-looking statements, and make no guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.
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Contact:
Rich Kaiser
Investor Relations
800-631-8127