Franklin Mining Appoints R. Adrian Cotasaenz President
April 13 2011 - 3:00PM
Marketwired
Franklin Mining, Inc. (PINKSHEETS: FMNJ) Chairman and CEO, William
Petty, has this morning announced the appointment of Mr. Adrian
Cotasaenz as President, Franklin Mining, Inc.
In making today's announcement, Mr. Petty said, "Adrian has long
been associated with Franklin Mining, having conferred with us on
several potential construction projects over the past year. During
the past few months, I recognized that Adrian's leadership as
Founder and President of Segovia Group was far more valuable to
Franklin than in just the role of a joint-venture partner. After
lengthy discussions between Adrian, myself and other Franklin
directors, executives and managers, we have mutually agreed that he
will formally join us and serve as our President.
"Adrian has distinguished himself as Founder, Chairman and CEO
of Segovia Group Corporation. With offices in San Antonio, Texas
Segovia quickly grew to be a multi-million dollar developer of real
estate and construction projects throughout the US and in Central
America and was recently recognized as a Service Disabled Veteran
Owned Small Business.
"Adrian was raised in El Paso, Texas, attended the University of
Texas, El Paso studying in the College of Business Administration
before enlisting in the United States Marine Corps in 1995. Serving
in Operation Desert Fox as an Infantry Squad Leader, he was twice
awarded the Navy-Marine Corps Achievement Medal," Mr. Petty
concluded today's announcement welcoming Mr. Cotasaenz to Franklin
Mining, looking forward to personally introducing him to our
several joint-venture mining partners in Bolivia.
About Franklin Mining, Inc: Franklin
Mining, Inc. (www.franklinmining.com) holds mining and energy
interests in the United States and Bolivia.
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) Or contact our Investor Relations firm: A.
S. Austin & Company 210-204-5068
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