Kentucky Energy, Inc. is the New Name of Quest Minerals & Mining Corp.
June 16 2010 - 3:45PM
Quest Minerals & Mining Corp. (Pink
Sheets:QMIN), a Kentucky-based operator of energy and mineral
related properties, today announced that it has filed articles of
amendment (to be effective on June 16, 2010) with the Utah
Secretary of State to change its corporate name from "Quest
Minerals & Mining Corp." to "Kentucky Energy, Inc."
Quest's board of directors has approved a 1-for-20 reverse
stock split of its currently outstanding shares of common
stock. The pre-split total shares of common stock outstanding
was 1,956,466,735 and post-split total shares of common stock
outstanding will be 97,823,337 (subject to adjustment for
settlement of fractional shares, which will be rounded up to the
nearest whole share).
On June 16, 2010, we received notice from FINRA/OTC Corporate
Actions that the name change and reverse stock split take effect at
the open of business on June 17, 2010. As of June 1, 2010, name
change requests may or may not result in symbol changes. Our
new symbol on this date will be "QMIND.PK." The "D" on our
symbol will be removed 20 business days from July 16, 2010 (20
business days from June 17, 2010).
About Quest Minerals & Mining Corp./Kentucky Energy
Quest Minerals & Mining Corp. (or Kentucky Energy,
Inc. on the effective date) acquires and operates energy and
mineral related properties in the southeastern part of the United
States. Our efforts are focused on properties that produce quality
compliance blend coal. For more information, please visit our
website at www.questmining.net.
Forward-Looking Statements
This document contains discussion of items that may
constitute forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995.
Although Quest believes the expectations reflected in such
forward-looking statements are based on reasonable assumptions, it
can give no assurances that its expectations will be
achieved. Factors that could cause actual results to differ
from expectations include, but are not limited to, lack of revenue
producing operations, lack of working capital, debt obligations,
judgments and lien claims against Quest and certain of its assets,
difficulties in refinancing short term debt, difficulties
identifying and acquiring complementary businesses, fluctuations in
coal, oil & gas, and other energy prices, general economic
conditions in markets in which Quest does business, extensive
environmental and workplace regulation by federal and state
agencies, other general risks related to its common stock, and
other uncertainties and business issues that are detailed in its
filings with the Securities and Exchange Commission.
CONTACT: Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr.
973-684-0035