SOURCE: Wildwood Management Corp.

July 31, 2008 16:07 ET

Wildwood Management Corp. Granted Concession Agreement From Bolivian Government to Begin Exploitation on Mineral and Precious Metal Mines

FARMINGTON, NM--(Marketwire - July 31, 2008) - Wildwood Management Corporation (PINKSHEETS: WILDJ) (FRANKFURT: 4IO) has been granted a concession agreement from the Bolivian government to begin mining exploration on the Daniel 1 and Daniel 2 mine properties. Wildwood Management will begin exploration operations on the open pit mines in early August 2008. The mines are typically rich with minerals and precious stones and metals. The company will report on progress as information becomes available.

About Wildwood Management Corp.

Wildwood Management Corp. is an established mining, exploration and development company. Our mission is to create shareholder value by achieving growth through robust acquisition and exploration programs and low-cost production.

Wildwood continues to maintain excellent community relations and a commitment to responsible environmental practices. The company has a strong management team and an effective board dedicated to excellence in corporate governance. We are committed to a dynamic exploration and development program.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

Contact Information

  • Contact:
    Wildwood Management Corp.
    Elizabeth F. Perez