SOURCE: Brazil Minerals, Inc.

Brazil Minerals, Inc.

June 12, 2013 17:00 ET

Brazil Minerals, Inc. Reiterates Its Business Update Policy

SAO PAULO, BRAZIL--(Marketwired - Jun 12, 2013) - Brazil Minerals, Inc. (OTCQB: BMIX) (the "Company" or "BMIX"), a diamond and gold producer with resources and assets in Brazil, today reiterated the Company's operational updates provided to shareholders over the last two months. The Company remains confident in its progress in operations.

"We have received some investor inquiries regarding our growth plans," began Marc Fogassa, Chairman and CEO of Brazil Minerals. "We have always and will continue to provide timely and consistent reporting to all shareholders when material developments occur." He added, "The Management Team and the Board of Directors are fully committed to the long-term success of our company and have not sold a single share of stock in BMIX."

The Company has stated in its website (www.brazil-minerals.com) that the sources of Company information to be relied upon are its regular SEC filings such as Forms 8-K, 10-K, and 10-Q, as well as Company-authorized press releases. The following is a list of operational updates that BMIX has publicly disclosed via press releases which are broadly disseminated through newswire service and also posted on the Company's website.

Monday, June 10, 2013
"Brazil Minerals, Inc. Obtains Gemological Analysis of Its Recent Diamond Production"

Monday, June 3, 2013
"Brazil Minerals, Inc. Adds Premier Geologist to Its Management Team"

Tuesday, May 28, 2013
"Brazil Minerals, Inc. Provides Update on the Economics of Diamonds from Its Duas Barras Mine"

Monday, May 20, 2013
"Brazil Minerals, Inc. Reports First Quarter 2013 Financial Results"

Monday, May 13, 2013
"Brazil Minerals, Inc. Adds Gold Revenues to Its Diamond Sales and Acquires Majority Ownership of Producing Mine"

Monday, May 6, 2013
"Brazil Minerals, Inc. Adds Ambassador John Bell to Its Board of Directors"

Tuesday, April 30, 2013
"Brazil Minerals, Inc. Engages Sao Paulo- and New York-Based MZ Group for Investor Relations"

A link to the Company's Information Page with details on the company's policy is included below:

http://www.brazil-minerals.com/corporate/company-information/

About Brazil Minerals, Inc.

Brazil Minerals, Inc. (OTCQB: BMIX), a U.S. corporation, is a diamond and gold producer with resources and assets in Brazil. Its mining assets include an interest in Duas Barras, a diamond and gold producing mine located in the state of Minas Gerais. BMIX is exploring for gold in the state of Amazonas, and has a healthy pipeline of other opportunities throughout Brazil. Its Brazilian headquarter 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, a name that means "General Mines," and serves as reminder of the strength of that premier region of Brazil for natural resources. More information on BMIX, including an investor presentation, 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 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, the 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.

Contact Information

  • CONTACTS

    For the Company

    Marc Fogassa
    Chairman and CEO
    Brazil Minerals, Inc.
    324 South 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
    61 Broadway, 30th Floor
    New York, NY 10016
    Telephone: +1 (212) 301-7130
    Email Contact
    www.mzgroup.us