Franklin Forms Joint-Venture for Infrastructure Construction
February 08 2011 - 10:56AM
Marketwired
Franklin Mining, Inc.'s (PINKSHEETS: FMNJ) (FRANKFURT: FMJ)
Chairman & CEO William Petty has today announced having signed
a joint-venture agreement for the construction of pending
infrastructure projects in Bolivia and throughout South America.
In making today's announcement, Mr. Petty said, "Our
joint-venture agreement with Segovia Group, completed in December,
has further strengthened Franklin to further participate in the
economic growth and development of South America."
Segovia Group Corporation, www.segoviacorp.com, headquartered in
San Antonio, Texas with additional offices in California, Illinois
and Georgia, and Franklin Mining, Inc. have formed a joint-venture
agreement to use their combined resources for the development of
mining, infrastructure and other commercial projects in Bolivia,
South America.
Segovia's senior managers represent more than 100 years
experience in commercial and industrial construction including
heavy and civil engineering, site preparation, infrastructure,
commercial and industrial construction. Segovia Group has
nationwide experience including military, government and retail
industry clients.
About Franklin Mining, Inc: Franklin
Mining, Inc. has mining interests in the United States and Bolivia.
Additional information is available at www.FranklinMining.com.
DISCLOSURES: "Safe Harbor" statement under
the Private Securities Litigation Reform Act of 1995: This press
release contains forward-looking statements that are subject to
risk and uncertainties, including, but not limited to, the impact
of competitive products, product demand, market acceptance risks,
fluctuations in operating results, political risk and other risks
detailed from time to time in Franklin Mining, Inc.'s filings with
the Securities and Exchange Commission. These risks could cause
Franklin Mining, Inc.'s actual results to differ materially from
those expressed in any forward-looking statements made by, or on
behalf of, Franklin Mining, Inc.
For further information, please visit our website
(www.FranklinMining.com)
Contact our Investor Relations firm: A S Austin Company
210-204-5068
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