SOURCE: Brazil Minerals, Inc.

April 30, 2013 08:00 ET

Brazil Minerals, Inc. Engages Sao Paulo- and New York-Based MZ Group for Investor Relations

SAO PAULO, BRAZIL--(Marketwired - Apr 30, 2013) - Brazil Minerals, Inc. (OTCQB: BMIX) ("Brazil Minerals" or "BMIX") a diamond producer and gold mining exploration and development company with resources in Brazil, announced that it has hired São Paulo- and New York-based MZ Group as its investor relations advisor.

MZ Group will assist Brazil Minerals with crafting and executing a comprehensive investor relations and outreach program globally, with a particular emphasis on investor outreach in North America, South America and Asia.

Marc Fogassa, Chairman and Chief Executive Officer of Brazil Minerals, stated, "We have worked diligently to build a differentiated model in metals and mining. Having acquired a strong foundation comprised of producing assets and ownership interest in a world class diamond processing facility, we are moving aggressively to grow our assets and cash flows. Our goal is to further expand and diversify our asset base by acquiring attractive mining assets in Brazil at discounted valuations while maintaining a low cost structure. We have a full pipeline of opportunities meeting such criteria. To helps us bring our message to the capital markets, we have hired MZ Group, a premier investor relations firm with strong presence and offices in New York, São Paulo, and in several other countries."

"We are extremely excited to formally begin working with Brazil Minerals," said John Mattio, Senior Vice President of MZ Group North America. "Our focus on natural resource companies with high quality assets, a strong management team and world-class Board of Directors, and a clear line of sight to sustainable cash flows provide investors with a compelling option to invest in Brazil's natural resources sector. Brazil Minerals further differentiates itself because it has revenues today and is de-risking itself by allocating capital across several minerals in a hands-on style similar to private equity investing."

About Brazil Minerals, Inc.

Brazil Minerals, Inc. (OTCQB: BMIX), a U.S. corporation, is a diamond producer and gold mining exploration and development company with resources in Brazil. Its mining assets include an interest in Duas Barras, a diamond and gold producing mine located in the state of Minas Gerais, as well as full ownership of Borba, a promising gold producing area in the state of Amazonas. BMIX also has a pipeline of opportunities in diamonds, gold, and other minerals throughout Brazil. Its Brazilian headquarters is in São Paulo, the financial hub of Latin America, with an operational office in Belo Horizonte, the capital of the state of Minas Gerais. More information can be found at www.brazil-minerals.com.

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 Resource Acquisition'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, the Company'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.

Contact Information

  • CONTACTS

    For the Company

    Marc Fogassa
    Chairman & CEO
    Brazil Minerals, Inc.
    324 S Beverly Drive, Suite 118
    Beverly Hills, CA 90212 USA
    Telephone: +1 (213) 590-2500
    Email Contact
    www.brazil-minerals.com

    For Investors

    John Mattio
    SVP
    MZ North America
    1001 Avenue of the Americas
    New York, NY 10018
    Telephone: +1 (212) 301-7130
    Email Contact
    www.mzgroup.us