Geoandina Mining Corp. Submits Application for Listing on European Stock Exchange

TORONTO, May 18  /PRNewswire-FirstCall/ -- Geoandina Mining Corp. (OTC:GODN) announced today that it has initiated the process of obtaining a listing on a European Stock Exchange.  The listing will afford the company large market visibility while offering a more liquid market for existing shareholders.

About Geoandina Mining Corp.

Geoandina Mining Corp. is a publicly traded mining company, trading under the ticker symbol GODN. The Company will continue to acquire proven gold and precious metal reserves throughout South America and operate through a variety of strategic methods such as acquisitions, joint ventures, or partnerships.

The Company's core operation is located in Argentina, an emerging market with tremendous growth potential.  The Argentine mining sector boasts a lucrative precious metals base and the country' fiscal, legal and executive branches is one of the regions most stable.  With a surface of over two million square kilometers, it is very rich in mining resources.  In fact, the Mining Journal Survey has ranked Argentina sixth in the world in mining resource potential, ahead of high gold producing countries such as Mexico, Colombia, and Bolivia.

FORWARD-LOOKING STATEMENTS:

Statements contained in this news release, which are not historical facts, are forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 that involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things: volatility and sensitivity to market prices for coal; replacement of reserves; procurement of required capital equipment and operating parts and supplies; equipment failure; unexpected geological or hydrological conditions; political risks arising from operating in certain developing countries; imprecision in reserve estimates; success of future exploration and development initiatives; competition; operating performance of the facilities; environmental and safety risks including increased regulatory burdens; seismic activity, weather and other natural phenomena; failure to obtain necessary permits and approvals from government authorities; changes in government regulations and policies including tax and trade laws and policies; ability to maintain and further improve positive labor relations; and other development and operating risks. Although Geoandina believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this report. The company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. 

DATASOURCE: Geoandina Mining Corp.



CONTACT:  Jonathan Hagen of Geoandina Mining Corp., [phone]



Web site:  http://www.geoandina.com/ 

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