Terra Nostra Resources Corporation Retains National Public Relations Firm
March 15 2007 - 1:58PM
PR Newswire (US)
LOS ANGELES, March 15 /PRNewswire-FirstCall/ -- Terra Nostra
Resources Corporation (OTC:TNRO) (BULLETIN BOARD: TNRO) today
announced that it has retained Martin E. Janis & Company, Inc.,
a national public relations firm, to carry out a fully-integrated
public relations and investor relations program. Martin E. Janis
& Company, Inc., founded in 1950, provides its services to
public as well as private corporations, trade associations,
educational and other institutions as well as government and
political entities and individuals. Throughout its history, the
agency has been at the forefront of major disruptive technologies
and products, such as the first microwave ovens, the introduction
of the first condominium and the initial uses of lasers for
correction of nearsightedness, among others. In addition, the firm
has built a solid reputation among investors who look for companies
where the potential for growth may not yet be widely recognized.
"We believe that Terra Nostra has a tremendous story to tell at
this time," said Martin E. Janis, chairman of the firm. "China's
economic growth today is similar in nature to the tremendous
industrial growth that the United States experienced in the last
century. Terra Nostra's focus on strategic metals, including
stainless steel and cooper, as China develops its infrastructure,
is something that we believe will be of great interest and we look
forward to working with the company as we convey this information
to the investment community." About Terra Nostra Resources
Corporation Terra Nostra is one of the leading copper producers in
China through its 51% interest in Shandong Terra Nostra Jinpeng
Metallurgical Co. Ltd., which has an existing and under
construction production capacity of 170,000 MT of electrolytic
copper, 20,000 MT of low-oxygen copper, and value-added copper rod
and wire facilities. Terra Nostra is also emerging as a leading
stainless steel producer in China through its 51% interest in
Shandong Quanxin Stainless Steel Co. Ltd., a modern stainless steel
production facility that commenced operations in early 2006 with a
now expanded 230,000 MT casting mill, and a recently commissioned
150,000 MT rolling mill. The two joint venture companies, with
total assets exceeding US$ 200 million and having over 800
employees, are located in the highly industrialized coastal
province of Shandong, midway between Beijing and Shanghai. More
information on Terra Nostra can be found at
http://www.tnr-corp.com/. Forward Looking Statements Except for the
historical information contained herein, the matters set forth in
this press release, including statements with respect to
expectations concerning (i) projects underway or under
consideration, including production capacity and completion
schedules; (ii) business and future potential of Terra Nostra
Resources Corporation ("TNR"); (iii) estimates or implications of
future earnings, profits, EBIDTA, and the sensitivity of earnings
to metals prices; (iv) estimates of future metals production, sales
and profitability; (v) estimates of future cash flows, and the
sensitivity of cash flows to the other metals and ore costs as well
as, but not limited to, fluctuations in fuel prices, scrap prices,
and the availability of both, are all forward- looking statements
within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Further risks,
uncertainties and other factors, which affect the forward-looking
statements included herein, and could cause actual results to
differ materially from future results expressed, projected or
implied by such forward-looking statements include, but are not
limited to, completion of TNR's capital contributions to the joint
venture companies, working capital financing, metals price
volatility, competition for projects, reserve acquisition costs,
currency fluctuations, international economic uncertainty,
sovereign risk, force majeure, changes in tax law or concession
law, project scheduling delays, labor disputes, increased
production costs and variances in ore grade, scrap grade or
recovery rates from those assumed in production plans, political
and operational risks in the countries in which TNR may operate and
governmental regulation and judicial outcomes, and other risks
detailed from time to time in TNR's filings with the Securities and
Exchange Commission, including its Quarterly Report on Form 10-Q
for the quarter ended November, 2006. Copies of each filing may be
obtained from TNR or the SEC. Furthermore, metals operation, by
their very nature, entail cyclical, sectoral, and commodity risk
and could expose an investor to the entire loss of all capital
invested. TNR does not undertake any obligation to publicly release
any revisions to any forward-looking statements to reflect events
or circumstances after the date of this release or to reflect the
occurrence of unanticipated events, except as may be required under
applicable securities laws. DATASOURCE: Terra Nostra Resources
Corporation CONTACT: Bev Jedynak, Martin E. Janis & Company,
Inc., +1-312-943-1100, ext. 12, Web site: http://www.tnr-corp.com/
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