Mission Mining Company Receives First Benefit Under May 4th Financing and Capitalization Agreement

EDMOND, Okla. - Oct. 3, 2014 - PRLog -- Las Vegas, NV, October 3, 2014 – Mission Mining Company (OTC Pink: MISM)

Mission Mining Company is pleased to announce that it has received the right to utilize a loan guarantee issued by a major Western European Bank as collateral for a loan of up to 50,000,000 Euros (approximately $65,000,000 U.S. dollars).  This is the first benefit received under the major financing / capitalization agreement executed by Mission Mining Company as of May 4, 2014.  Mission Mining Company was offered the option of taking a cash loan or the guarantee, and has opted to take the right to utilize the guarantee, which would allow Mission Mining Company to negotiate and arrange its own loan and thereby secure a larger principal sum of loan proceeds to work with than the cash loan proceeds would have been.  Mission Mining Company is now engaged in negotiations with potential lenders wherein the loan guarantee will be pledged as collateral and credit enhancement in order to obtain a loan.

Correspondence or inquiries may be sent to:  Mission Mining Company, 1950 South Rainbow Boulevard, Suite 123-100, Las Vegas, Nevada, 89146.

Safe Harbor

This release may contain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of 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.  Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based.  Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions.  The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contact:
Carlton Wingett – CEO
Phone – 888-459-4889
CEO@MissionMining.com