Azco Mining Inc. Delists from AMEX and Applies for Listing on the OTCBB.Business Editors GLENDALE, Ariz.--(BUSINESS WIRE)--June 13, 2003 Azco Mining Inc. ("the company") has filed an application with the Securities and Exchange for the withdrawal from the listing of its common stock on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. ("the AMEX AMEX See: American Stock Exchange "). The company has been notified it is not in compliance with AMEX listing standards and the AMEX has consented to the voluntary delisting Delisting When the stock of a company is removed from a stock exchange. Notes: Reasons for delisting include violating regulations and/or failure to meet financial specifications set out by the stock exchange. of the company's common stock. The company feels that at this time its needs would be well served by trading its common stock in the Over the Counter Bulletin Board ("OTCBB OTCBB See OTC Bulletin Board (OTCBB). "). The company has applied to list its securities with the OTCBB and as soon as information becomes available the company will announce the symbol it will trade under as well as the estimated date of the start of trading. On behalf of the board of directors, Azco Mining Inc. Lawrence G. Olson Chairman, President and Chief Executive Officer The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, 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 and is subject to the safe harbors Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein. Further, the company assumes no obligation to update or otherwise publicly revise the forward-looking information disclosed herein to reflect circumstances existing after the date hereof. |
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