|
The Directors for New Jersey Mining Co.
and Plainview Mining Co. (PLMC- OTCBB) announce their intent
to merge their companies. The surviving company will be New
Jersey Mining Co. New Jersey Mining Co. has made an offer
to Plainview shareholders of 2 New Jersey shares for each
Plainview share. The Plainview Board of Directors recommends
that shareholders accept this offer.
Plainview Mining Co. is presently a holding company with
no active mine properties. The merger with New Jersey Mining
Co. will benefit Plainview shareholders through mine development
and exploration conducted by New Jersey’s active management.
Also, New Jersey Mining Co’s shareholders will benefit
from the acquisition of Plainview’s OTC Bulletin Board
listing which will increase New Jersey’s exposure to
the investing public.
New Jersey Mining Co. is developing gold ore reserves and
expanding its operations at the New Jersey mine located in
the Coeur d’Alene Mining District of northern Idaho.
New Jersey is also actively engaged in exploration for gold
and base metals. Visit our homepage at http://www.nidaho.com/njmc.
Contact:
Fred Brackebusch, President New Jersey Mining Co. Tel: (208)
783-1032
Chuck Asher, President Plainview Mining Co. Tel: (208) 784-1103
Disclaimer: This press release may contain
forward-looking statements within the meaning of Section 27A
of the Securities Act and Section 21E of the Exchange Act. Forward-looking
statements are inherently subject to risks and uncertainties,
many of which cannot be predicted with accuracy, and some of
which might not even be anticipated. | 
