SOURCE: Brazil Minerals, Inc.

Brazil Minerals, Inc.

January 22, 2014 08:00 ET

Brazil Minerals, Inc. Adds Premier M&A Lawyer/Geologist to Board of Directors

BELO HORIZONTE, BRAZIL--(Marketwired - Jan 22, 2014) - Brazil Minerals, Inc. (OTCQB: BMIX) (the "Company" or "BMIX"), a diversified mining company with revenues from sales of rough and polished diamonds as well as gold, and ownership of interests in projects in gold, titanium, vanadium, and iron in Brazil announced today that Luis Mauricio Ferraiuoli de Azevedo, Esq., has joined its Board of Directors. Mr. Azevedo is both a licensed lawyer and geologist with 25 years of business and mining experience in Brazil. He is the Managing Partner at FFA Legal, a Rio de Janeiro law firm that he founded and which is solely focused on natural resources companies. His practice is highly active in mergers and acquisitions for companies owning mineral assets and/or operating mining enterprises in Brazil. His experience spans industrial and precious minerals, as well as diamonds, and he advises the highest levels of government in Brazil. Previously, Mr. Azevedo had served on BMIX's Board of Advisors. He has worked for Barrick Gold and Western Mining, and has had multiple directorships in public companies.

Marc Fogassa, Chairman and CEO of BMIX, commented, "Luis Mauricio is considered by experts as the best mining counsel in Brazil, and a large number of transactions in this space are orchestrated or advised by his law firm. Furthermore, he personally advises Ministers and other Cabinet-level personnel in the Brazilian Government on various policies related to the business of mining and mineral exploration. As BMIX looks to continue its growth, his insights will be invaluable."

About Brazil Minerals, Inc.

Brazil Minerals, Inc. (OTCQB: BMIX), a U.S. corporation, is a diversified mining company with revenues from sales of rough and polished diamonds as well as gold, and ownership of interests in projects in gold, titanium, vanadium, and iron in Brazil. More information on BMIX, including an investor presentation, can be found at

Safe Harbor Statement

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Brazil Minerals, Inc.'s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in Brazil, general economic conditions; geopolitical events and regulatory changes, availability of capital, BMIX's ability to maintain its competitive position and dependence on key management. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

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