Atlantic Industrial Minerals Inc.

September 03, 2010 18:40 ET

Atlantic Industrial Minerals Incorporated Announces Change in Board of Directors and Filing of Annual and Interim Financial Statements

HALIFAX, NOVA SCOTIA--(Marketwire - Sept. 3, 2010) - Atlantic Industrial Minerals Incorporated (TSX VENTURE:ANL) ("AIM" or the "Company") announces the resignation of Mr. Paul Coughlan from the board of directors of the Company. Management is nominating the remaining directors, being Colin J. MacDonald, Barry M. Martin and David Beazley for the election to the board of directors at the upcoming annual and special meeting of shareholders of the Company.

The Company also advises that it has filed its audited financial statements for the fiscal year ended February 28, 2010 (the "Annual Statements") and associated management discussion and analysis. Additionally, The Company advises that it has filed its interim financial statements for the three month period ended May 31, 2010 and associated management's discussion and analysis. The Company notes that the Annual Statements incorporate restatements of previously reported interim results, which are described in detail in the management's discussion and analysis for the Annual Statements.

AIM is an industrial minerals company based in Halifax, Nova Scotia, with interests in several limestone and water resources located in the Atlantic Provinces.

Commentary regarding forward looking statements:

This news release may contain forward-looking statements, including in connection with the completion of the holding of an annual and special meeting. Such statements are based on assumptions regarding the Company having sufficient time and resources to complete all matters necessary to hold the annual and special meeting on the anticipated date among other assumptions. Such statements involve known and unknown risks, uncertainties, and other factors outside management's control that could cause actual results to differ materially from those expressed in the forward-looking statements. AIM does not assume responsibility for the accuracy and completeness of the forward-looking statements and, except as required by securities laws, does not undertake any obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

The TSXV has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

Contact Information

  • Atlantic Industrial Minerals Inc.
    Colin J. MacDonald
    Chief Executive Officer