Golden Eagle's President Receives Personal Invitation to the Inauguration of Bolivia's New President and to Discussions on Bolivia's Program for Economic Revitalization.Business Editors/Mining Writers SALT LAKE CITY--(BUSINESS WIRE)--Aug. 3, 2001 Golden Eagle International Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: MYNG) Friday announced that its President Terry C. Turner has received a personal invitation to attend the inauguration of Bolivia's new president, current Vice President Jorge Quiroga Jorge Fernando "Tuto" Quiroga Ramírez (born May 5, 1960) was President of Bolivia from August 7, 2001 to August 6, 2002. He is seen as politically conservative. He is a 1981 graduate of Texas A&M University, with a degree in industrial engineering, becoming the first Aggie head of , in Sucre Sucre, city (1992 pop. 131,769), S central Bolivia, constitutional capital of Bolivia and capital of Chuquisaca dept. Since 1898, La Paz has been the administrative capital of Bolivia. , Bolivia on Aug. 6, 2001. This change in leadership in Bolivia was required by the resignation of the current President Hugo Banzer Hugo Banzer Suárez (May 10, 1926 – May 5, 2002) was a conservative politician, military general, and President of Bolivia. He held the Bolivian presidency twice: from August 22, 1971 to July 21, 1978, as a military dictator; and then again from August 6, 1997 to August 7, , due to his ongoing treatment for lung and liver cancer Liver Cancer Definition Liver cancer is a relatively rare form of cancer but has a high mortality rate. Liver cancers can be classified into two types. . Turner, who has practiced law in Bolivia for 18 years, and is the first and only American licensed to practice law in Bolivia, is also the recipient of the Civic Medal of Honor Medal of Honor highest American military decoration for wartime gallantry. [Am. Hist.: Misc.] See : Bravery of the State of La Paz La Paz, city, Bolivia La Paz (lä päs), city (1992 pop. 713,378), W Bolivia, administrative capital (since 1898) and largest city of Bolivia. The legal capital is Sucre. for his work in promoting the mining industry in Bolivia. Golden Eagle's chief executive stated, "It is a great honor to receive a personal invitation to such an important event in Bolivia's modern history. At the same time, we at Golden Eagle are saddened by the circumstances surrounding President Banzer's health and his resignation. We certainly wish President Banzer a rapid and full recovery. "Our obligation now is to give our full support to President Quiroga and continue Golden Eagle's efforts in the area of helping to revitalize re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. Bolivia's economy." Golden Eagle's president has also received a personal invitation from the Honorable Leopoldo Fernandez, president of the Bolivian Senate, to join in discussions to be held on Aug. 7 and 8, 2001, in La Paz, Bolivia, regarding Golden Eagle's role in Bolivia's program for economic revitalization. Golden Eagle's current emphasis is on its project located in the heart of the historically productive Tipuani Gold Mining District, where the company projects providing approximately 200 jobs in the near-term, and eventually projects employing more than 500. Golden Eagle International Inc. is a gold exploration and mining company located in Salt Lake City. The company is currently focusing its efforts on developing its mining rights on 74,000 acres in the Tipuani Gold Mining District in Western Bolivia, and continuing exploration on 148,000 acres in Bolivia's Precambrian Shield. For more information about the company, call Sabrina Martinez at 801/619-9320. Media inquiries should also be directed to Martinez. Golden Eagle can also be found at its website: www.geii.com, where management recommends that all shareholders and prospective shareholders review its annual reports on Form 10-KSB, quarterly reports on Form 10-QSB and current reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . Forward-Looking Statements 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. and Disclosure of Risk The future conduct of Golden Eagle's business and its response to issues raised by third parties are dependent upon a number of factors, and there can be no assurance that Golden Eagle will be able to conduct its operations as contemplated. Certain statements contained in this release using the terms "may," "expects to," and other terms denoting future possibilities, are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks that are beyond Golden Eagle's ability to predict or control and which may cause actual results to differ materially from the projections or estimates contained herein. These risks include, but are not limited to, the risks described in the above press release; those risks set out in Golden Eagle's disclosure documents and its annual, quarterly and current reports; and the other risks associated with start-up mineral exploration operations with insufficient liquidity, negative working capital, and no historical profitability. Golden Eagle disclaims any obligation to update any forward-looking statement made herein. |
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