Hidalgo Mining International Inc., (HMIT) Announces Today That It Has No Current or Future Plans to Reverse Split Its Common ...
February 24 2010 - 8:15AM
Business Wire
Hidalgo Mining International Inc. (OTCPK: HMIT), announced today
that management has no current or future plans to reverse split its
common stock.
William Veve, President, stated: “Many shareholders have asked
whether Hidalgo Mining International Inc. has any plans to reverse
split its stock. I can assure our shareholders that this action is
not in our plans and furthermore we do not have any plans to affect
a reverse split.”
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.