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South American Minerals, Inc. Files Form 10-SB With the Security
and Exchange Commission for Registration of Its Securities Under The Securities
Exchange Act of 1934
NEW YORK and GEORGETOWN, Guyana, Oct. 4 /PRNewswire-FirstCall/ -- South
American Minerals, Inc. (OTC:SAMM) announced today that it had filed a
registration statement on Form 10-SB with the Securities & Exchange Commission
covering the registration of its common stock under the provisions of the
Securities Exchange Act of 1934.
The Company filed this registration statement to meet the current requirements
for quotation on the OTC Bulletin Board. Before the Company's common stock may
be quoted on the OTCBB, the Securities and Exchange Commission must review the
registration statement and have no further substantive comments, and a
broker-dealer must be willing to act as a market maker and file a form 211 with
the NASD to initiate quotation of the common stock on the OTCBB.
During the registration process, the SEC will review the filing and may have
comments requiring the filing of amendments to the registration statement. The
Company believes that this process may be finalized in the next several months.
The Company will report further developments as they occur.
Except for the historical information herein, certain matters discussed in this
release include forward looking statements that may involve a number of risks
and uncertainties, which projections and statements are made pursuant to the
"Safe Harbor" provisions of the Private Securities Litigation Reform Act of
1995. Actual risks may vary significantly based on a number of factors,
including but not limited to: risks in production relating to weather and the
prices of fuel and gold on the world market.
DATASOURCE: South American Minerals, Inc.
CONTACT: South American Minerals, Inc., +1-212-344-2785, or fax,
+1-212-344-4537
Web site: http://www.southamericanminerals.com/