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Atlas Mining Company Moves to OTC Bulletin Board.


Business Editors

OSBURN, Idaho--(BUSINESS WIRE)--July 22, 2002

Atlas Mining Company, symbol ALMI ALMI Application Level Multicast Infrastructure
ALMI Automated Listing and Mapping Instrument (US Census Bureau) 
, announced that they received clearance from the National Association of Securities Dealers National Association of Securities Dealers (NASD)

Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market.
 (NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
) for trading on the Nasdaq Over the Counter Bulletin Board.

The new status became effective on July 19, 2002. In preparation to this move the company has recently signed a consulting agreement with Market Advantages of Mesa, Arizona, to advise and assist Atlas in the company's effort to keep the public and its market makers aware of company activities and progress. Market Advantages will also work to introduce the company to potential business partners and funding sources. Collectively Atlas and Market Advantages will work together to build Atlas's image in the public and private sectors to better develop the share price and potential customer awareness. Stated company president, Bill Jacobson, "This move to the OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 will make it easier for the average person to buy and sell our stock. We hope our goals as a mining and resource Company will appeal to this investor."

About Atlas Mining Company

Atlas Mining Company is an exploration stage natural resource and mining company with an underground mining contracting business. Atlas Mining has mining and timber properties located in the Silver Valley of Shoshone County, in North Idaho. Atlas Mining also has interest in a halloysite clay property in Juab County, Utah Juab County is a county located in the U.S. state of Utah. As of 2000 the population was 8,238, and by 2005 had been estimated at 9,113. It was named from an Indian word meaning thirsty valley, or possibly only valley. , and in the past has pursued exploration targets in Mexico. This notice does not constitute an offer of any securities for sale.

Safe Harbor Statement

As a cautionary note, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 22, 2002
Words:291
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