LAS VEGAS, Jan. 30, 2013
/PRNewswire/ -- Foy-Johnston (OTCPINK: FOYJ) wishes to
announce that it has issued a letter to shareholders from
President, Alexander D. Powers. The
text of the letter appears below.
Dear Shareholders:
It has been just under a year since I assumed control over the
operations of the Company and I would like to take the opportunity
to address the continued direction of the Company and its future
prospects.
I am pleased to report that the Company secured its initial
exploration project in the country of Cameroon which is located in West Africa, in an area long known for its
prolific mineralization. This part of Africa includes nations of Sierra Leone, Liberia, Nigeria, Ghana, Central
African Republic, Chad and
Mali, which have been extracting
gold and other precious minerals for centuries. The Company is
currently in the process of acquiring several significant mining
concessions in Cameroon as a
result of initial exploratory work programs that were conducted
over the past several months. Our team has spent the past year
searching for, and analyzing, potential targets that align with the
Company's strategic vision and support a best possible mining
operation scenario. Management is confident that the targeted
concessions have the potential to produce significant amounts of
gold and other associated minerals along with various precious, and
semi-precious, gemstones once mining operations are initiated. The
region is extremely rich in natural resources and the Company
believes that further exploration work will quickly lead to
on-going mining operations and the delineation of a major mineral
resource or potential mine.
Additionally, management has also been evaluating other areas of
interest in the region that include agriculture and technology. A
developing country such as Cameroon represents virtually unlimited
opportunities for a progressive and responsible Company such as
Foy-Johnston.
The future of the Company is quite promising and our dedicated
team of management professionals is working diligently to enhance
our exploration initiatives and increase shareholder value
dramatically.
Management anticipates releasing additional news and corporate
updates on an ongoing basis as developments occur.
Thank you.
Alexander D. Powers
President - Foy-Johnston Inc.
About Foy-Johnston Inc.
Foy-Johnston through its wholly owned subsidiary Cameroon Mines
is involved in enhancing exploration and mining assets through
diligent application of technical and commercial expertise for the
benefit of all stakeholders of Foy-Johnston in an efficient and
environmentally responsible manner. Cameroon Mines is a mining
explorer and producer committed to developing strategic mining
exploration and project opportunities in Gold, Precious gems, Rare
Earth Metals and Platinum Group Metals. The Company has assembled
an experienced group of individuals with broad local and
international industry knowledge, where it will assist to build
shareholder value and help fast-track the development of its
accumulated assets. Cameroon Mines will also secure the
participation and support of key strategic partners globally, who
can provide tangible benefits towards achieving the Company's
goals. The Company has already acquired a portfolio of Gold and
Diamond exploration tenements in key mineral regions of
Cameroon and Central African Republic. Our website is
www.cammines.com
Forward-Looking Statements
Please be advised that statements made herein, other than
historical data, constitute forward-looking statements that involve
risks and uncertainties that could cause actual results to differ
materially from those stated or implied by such forward-looking
statements. The potential risks and uncertainties include, among
others, potential volatility in the company's stock price,
increased competition, customer acceptance of new products and
services offered by the company, and uncertainty of future revenue
and profitability and fluctuations in its quarterly operating
results. Please also be advised that the company's stock is not
currently registered with the Securities and Exchange
Commission.
Contact:
Investor Relations
E-mail: info@cammines.com
Website: www.cammines.com
SOURCE Foy-Johnston Inc.