Atlas Mining Company Receives New Trading Symbol; Company Files Registration Statement With SEC to Become Fully Reporting.Business Editors OSBURN, Idaho--(BUSINESS WIRE)--Nov. 28, 2001 Atlas Mining Company announced that it has been assigned a new trading symbol from the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Pink Sheets: ALMI ALMI Application Level Multicast Infrastructure ALMI Automated Listing and Mapping Instrument (US Census Bureau) ). The new symbol is effective immediately. The Company also reported that it has filed a Registration Statement on Form SB-2 with the SEC. The purpose of the registration statement is to raise approximately $1.5 million, become a fully reporting company with the SEC, and have the Company's common stock eligible for quotation on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. system. The Company's common stock will continue to be quoted on the OTC Pink Sheets under the symbol "ALMI" until such time the SEC declares the Registration Statement effective and the Company has obtained clearance from the NASD. About Atlas Mining Company Atlas Mining Company is a natural resource and mining company with an underground mining contracting business. Atlas Mining has silver and timber properties located in the Silver Valley of Shoshone County, North Idaho. Atlas Mining also has interest in mining properties in Zacatecas, Mexico and the recently acquired rights to the Dragon Mine 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. . 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. For further information please contact William Jacobson at 208/556-1181. |
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