SOURCE: Cotton & Western Mining, Inc.

June 13, 2006 11:25 ET

Cotton & Western Mining, Inc. to Distribute Stock Dividend

RICHMOND, TX -- (MARKET WIRE) -- June 13, 2006 -- Cotton & Western Mining, Inc. (PINKSHEETS: CWRN), a global iron ore mining company, in observance of the finalization of its first major sales contract, once again announces that the Company's Board of Directors has elected to issue shareholders a stock dividend.

At a meeting held by the Board of Directors on May 17, 2006 the Board elected to issue a 3% stock dividend to shareholders due to the recent signing of a contract for sale of 75,000 dry metric tons of Iron Ore to Wah Seong China Limited, valued at $2,850,000.00. All Cotton & Western Mining, Inc. shareholders of record at close of business on June 16, 2006 will receive a 3% restricted stock dividend. The stock dividend will be distributed on June 23, 2006.

For more information on the dividend or Cotton & Western Mining, Inc. please contact Investor Relations at (973) 351-3868 and ask for Stephen Taylor, or visit the company website at:

About Cotton & Western Mining, Inc.:

Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) is a U.S. corporation structured to produce and sell iron ore on a global scale. Currently, the Company is engaged in several mining activities and provides the Asia Pacific Steel Manufacturing Sector with high grade A raw crude iron ore products.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Contact Information

  • Contact:
    Cotton & Western Mining, Inc.
    Investor Relations
    Stephen Taylor
    Phone# (973) 351-3868