CJT Financial, Inc.

September 09, 2010 09:10 ET

CJT Financial, Inc. Merges with Mining Company

WEST JORDAN, UTAH--(Marketwire - Sept. 9, 2010) - CJT Financial, Inc. ("CJTF") (PINK SHEETS:CJTF), a Nevada corporation, today announced that it has agreed and completed a reverse merger with APMD Holdings, Inc. (Anderson Precious Metals), the effect of which makes APMD Holdings, Inc. a wholly owned subsidiary of CJT Financial. APMD Holdings, Inc. will change its name to, and the company will operate under the name, CJT Mining.

Because of a reverse stock split immediately prior to the reverse merger, through September 10, 2010 the stock will trade under the symbol "CJTFD", after which time it will change back to "CJTF".

Following the reverse merger, CJT Mining's business now constitutes CJT Financial's sole business with its office in Utah and its principal operations set to get underway in Nevada. N. Fred Anderson has been appointed as Chairman and President.

At the closing of the merger, CJT Financial issued approximately 212,000,000 shares of its common stock to the stockholders of APMD for approximately 88% ownership of the combined entity. The combined company has approximately 240 million shares of common stock issued and outstanding. As a result of the merger, each share of common stock of APMD Holdings, Inc. is now exchangeable for 1.67794 shares of common stock of CJT Financial.

"This reverse merger gives CJT Mining immediate access to public markets and provides greater growth opportunities by creating value for shareholders," said Fred Anderson, Chairman and President. "The CJT Financial, Inc. and the APMD Holdings, Inc. merger and issuance of CJT Financial stock for APMD Holdings, Inc. stock have created an opportunity to simplify and strengthen our corporate identity and brand."

About CJT Mining

The company CJT Mining, Inc. is focused in precious metals mining and processing of massive ore bodies located in central Nevada mining districts. The company has lode mining and placer mining claims in two mining districts. The minerals located in the lode mining claims, placer mining claims and mill site claims in these mining districts have been previously drilled and evaluated by a very respected Geologist/Mining Engineer and extensive records, analysis, maps, pictures, drill logs and assays have been acquired with the staking, purchase, filings and/or leases of the mining claims of the various assets. 

Critical path planning to map out the mining and processing of these assets are the primary focus of the company. The company is not looking for ore but is in the process of developing previously identified ore bodies, which are not mined out and which have a previously studied mining history. Announcements regarding additional properties will be made one property at a time when sufficient investigation and required legal due diligence and/or staking/filing is completed.

For more information, please visit www.cjtmining.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended.

Statements contained in this press release that are not statements of historical fact are "forward-looking statements" as that term is defined under federal securities laws, including, without limitation, all statements concerning expectations, beliefs, goals, intention or strategies for the future of CJT Mining. Forward-looking statements may be identified by words such as "goals", "plans", "believes", "will", "expects" and other words of similar meaning used in conjunction with, among other things, discussions of future operations, financial performance, product development and new ventures. Many factors could cause actual events or results to differ materially from those expressed in any forward-looking statement. This document is not a solicitation to invest. Investors are cautioned not to place any undue reliance on any forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.

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