SOURCE: Advanced Mineral Technologies

July 16, 2007 19:59 ET

Advanced Mineral Technologies Inc. Advises Tillicum Mountain Gold Deal Completed

MARINA DEL REY, CA--(Marketwire - July 16, 2007) - Pursuant to a Letter of Intent, previously announced, and an agreement made on May 12th, 2007 where AMTO acquired 100% of the shares of AMT Industries Canada Inc., the owner of the Tillicum Mountain gold property via a Section 351 share exchange, the Company advises that this transaction has now been completed.

The Company is also pleased to announce that Mr. Phil Cash has been appointed President of Advanced Mineral Technologies Inc. (PINKSHEETS: AMTO) by the Board of Directors.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission.

Sincerely,
Russell Smith
President and CEO

Contact Information

  • Contact:
    Russell Smith
    310-821-2244