Hidalgo Mining International Inc. (HMIT) Announces Transition to new Strategic Direction
February 19 2010 - 8:15AM
Business Wire
Hidalgo Mining International Inc. (PINKSHEETS: HMIT), announces
today that it has begun the transition to its new corporate
identity including a planned change to a new name and ticker
symbol.
Said William Veve President of Hidalgo Mining International
Inc., “We are entering a new generation, the company is building a
concentrated presence in multi-media and entertainment,
additionally we will sustain diversified holdings in natural
resources, communications, and electronic commerce. Our motivation
to maintain an interest in diversified assets allows the Company
the ability to access a wide range of resources to be exploited as
we begin our new growth strategy.”
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING
STATEMENTS
The results described herein cannot be guaranteed. This release
contains "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.
Statements in this news release other than statements of historical
fact are "forward-looking statements" that are based on current
expectations and assumptions. These expectations and assumptions
are subject to risks and uncertainty, which could affect Hidalgo
Mining International Inc.'s future. Forward-looking statements
involve risks and uncertainties that could cause actual results to
differ materially from those expressed or implied by the
statements, including, but not limited to, the following: the
ability of Hidalgo Mining International Inc. to provide for its
obligations, to provide working capital needs from operating
revenues, to obtain additional financing needed for any future
acquisitions, to meet competitive challenges and technological
changes, and other risks. Hidalgo Mining International Inc.
undertakes no duty to update any forward-looking statement(s)
and/or to confirm the statement(s) to actual results or changes in
Hidalgo Mining International Inc.'s expectations.