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Mayfair Mining & Minerals, Inc. ( MFMM – OTCBB )(the "Company") is
pleased to announce that it has acquired Mayfair Mining & Minerals
(UK) Ltd., a U.K. corporation, as a wholly owned subsidiary. The
subsidiary corporation, which has no assets or liabilities, was
acquired from Clive de Larrabeiti, President of the Company, for
US$150, the actual cost of forming the corporation. The Company owns
100% of the issued and outstanding shares of the subsidiary.
The Company anticipates utilizing Mayfair Mining & Minerals (UK)
Ltd. as a joint venture, project acquisition and management vehicle
for the Company.
The Company is also pleased to announce that it has reached
agreement with the Nyendwa Family of Kafue, Zambia, and its related
corporate entities, to form a joint venture to explore and, if
indicated, develop the Family’s potential gold and platinum-bearing
properties, located in the Funswe River and Nansenga Stream areas of
Zambia and their amethyst mine, located in the Mapatizya
constituency of the Kalomo District of Zambia.
On behalf of the Board of Directors,
Eur. Ing. Dr. Michael Harold Smith, FIMM, C.Eng.
Director.
Contact:
Clive de Larrabeiti
President - + 44 1444 487100
info@mayfair-mining.com
Forward-Looking Statements
Some of the information in this communication may contain
projections or other forward-looking statements regarding future
events or the future financial performance of Mayfair Mining and
Minerals, Inc. The reader is cautioned that the assumptions and
projections used in the preparation of these forward-looking
statements are subjective and involve risks and uncertainties that
may cause actual results to differ materially from those expressed
or implied in such forward-looking statements, or could
substantially and negatively impact the extent to which a particular
projection is realized, if at all. To the extent applicable and
available by law, as regards forward-looking statements, Mayfair
Mining and Minerals, Inc., relies upon, incorporates by reference
herein and claims the safe-harbor provisions of any and all federal,
state and provincial laws, rules and regulations, specifically
including those related to securities and investments. |
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