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FOR IMMEDIATE RELEASE
PRLog (Press Release) –
Aug 27, 2007 – Hidalgo Hidalgo Mining International (HMIT.PK) announced today that it has substantially increased the potential value of its organization by acquiring Hamilton Mining Inc., as a subsidiary.
Hamilton Mining Inc. ( HMI ), a Nevada corporation, holds rights to gold mining assets in Guinea, West Africa, through its relationship with Hamilton Mining and Marketing SARL, a West African company. John Darrah, President of HMIT and Mark Klok, President of Hamilton Mining, and a new Director appointed to the Board of HMIT, jointly stated: “This acquisition is timely for HMIT at this stage of its development, as a further venture into the precious metals industry, taking place in the context of a newly emerging economic climate of West Africa. We can expect to see great results from our operations in this underdeveloped area.” Mr. Darrah went on to say “Acquiring qualified companies with substantial assets for stock while enhancing shareholder values has always been my goal for Hidalgo The acquisition of Hamilton Mining and its rights to West Africa metals deposits in Guinea is another next step towards achieving this goal. It continues the current intent of providing further financial enhancement and access to capital with new strategic partners. As always, this new business activity for the corporation is expected to benefit our shareholders, and greatly enhance the value of the company.” ABOUT HAMILTON MINING, INC. Hamilton Mining is an international mining company with rights to gold mining property in Guinea West Africa, focused on becoming an intermediate sized gold producer. Hamilton Mining and Marketing SARL has had this prospect for over two years before conveying its rights to Hamilton Mining, working together in its development. ABOUT HIDALGO MINING INTERNATIONAL Hidalgo Mining International ( Pink Sheets: HMIT ), an innovative mining company located in New York, NY, HMIT strives to maintain corporate creditability while making aggressive moves to continue marketing its mining production on a global scale. HMIT management and directors hold an abundance of experience and knowledge in this rapidly growing industry that will ultimately result in the success of its ventures and longevity. Learn more about HMIT by visiting: ( http://www.hidalgointernational.com ) Disclaimer: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS The results described herein cannot be guaranteed. The development of the subject mining claims by Hamilton Mining Inc. is contingent upon multiple high risk factors that must be successfully dealt with in order to achieve the intended results. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect Hidalgo Mining Internationals' future plans. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Hidalgo Mining International to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks detailed in Hidalgo Mining Internationals' periodic report filings with the Securities and Exchange Commission. Hidalgo Mining International undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Hidalgo Mining Internationals' expectations. Hidalgo Mining International 12 Hillside Avenue Port Washington, NY 11050 Contact: Mark Klok, Vice President Hidalgo Mining International Telephone: ( 305 ) 778-8360 If you have questions regarding information in this press release contact the company listed below. PrLog.org is a press release service and not the author of this press release. The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies / PR Agencies submit their press releases once per week/month or quarter, make sure check the official company website for accurate release dates as our site displays the I-Newswire.com distribution date only. We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for inaccuracies or omissions in that information or for actions taken in reliance on that information.
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