LAS VEGAS, July 1, 2014 /PRNewswire/ — Amarium Technologies Inc. (OTC: AMMG) through its wholly owned subsidiary Amarium Minerals Inc., announces it has received preliminary earnings and production results along with improved operational efficiency for the 2(nd) Quarter of 2014 ending June 30. Q2 is the first reporting period since the Company announced it has increased the productive capacity of their Jovita Mine to 200 tons per day.
“Q2 has seen a large growth in earnings for the Company. The increase in production capacity at the Jovita Mine has had a positive impact on both earnings and production throughput. We also obtained record operational efficiency at both Jovita and San Pedro due to the infrastructure improvements and engineering refinements to our equipment and processes, ” said Adam Cater, President & CEO of Amarium. “The final numbers for revenue, earnings and production statistics will be released prior to the end of July and well within our reporting deadlines.”
Amarium is focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties that will add substantially to the Company’s asset foundation. Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.
For additional information, please visit: http://www.amariumminerals.com
This press release contains statements that are forward-looking and which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in question are based on Amarium Technologies, Inc.’s current expectations and projections about future events, based on information currently available. The forward-looking statements found in this press release may also include statements relating to Amarium Technologies, Inc.’s anticipated financial performance, business prospects, new developments, strategies, and similar matters. Amarium Technologies, Inc. provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Amarium Technologies, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
Contacts:
Amarium Technologies Inc.
Investor Relations, 800-983-0814
Fax: 800-320-4180
SOURCE Amarium Technologies Inc.
/Web site: http://www.amariumminerals.com
