SOURCE: Cotton & Western Mining, Inc.

June 17, 2009 09:45 ET

CWRN: London Investor Seeks Early Closing Date for Baja Iron Project

HOUSTON, TX--(Marketwire - June 17, 2009) - Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) announced today that its London Investor has asked for a fast-track closing date for the debt & equity loan offer that is to be used for the start-up of CWRN's Baja Iron Ore Mining Project. Robert L. Cotton, President of CWRN says that he would hope to have all the terms and conditions (as stated the company's June 10, 2009 news release) agreed upon by the end of June with contract execution attentively set for mid July, 2009. Cotton further stated that the company has seen a recent surge in buyer inquiries for its Baja Magnetite, coupled with a recent boost in investor confidence as witnessed by a rise in the company's share price and daily trading volumes. Cotton says this all seems to come about the same time as Goldman Sachs JBWere projects a 10 percent increase in iron ore prices as Chinese Seaborne Trade rises. Read Goldman Sachs projections at:

Current FOB annual contract pricing is $45.00 per each Dry Metric Ton (DMT) shipped while one-off Spot Sales now at $76.50 CIF in main China ports on base Fe content of 62%. Cotton & Western is expected to open production at 52,000 DMT per month, which will be shipped from the Pacific Ocean Port of Ensenada, Baja California, Mexico.

Cotton & Western Mining recently projected revenues in excess of $126 Million based on an agreed base price of $45.00 FOB Mexico, per each dry metric ton sold on a guaranteed 64.5% Fe (iron content) with bonus payment of $0.6976 for each 1% Fe content above the minimum contract specifications. The average Fe content as tested in 2008 for Baja NO. 14 is 67% Fe content.

About Cotton & Western Mining, Inc.

Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) was founded in early 2005 as a Nevada Corporation by Robert L. Cotton, with a specific plan and goal in mind; that being, to operate a low cost and high profit junior "Iron Mineral Mining" company. Cotton & Western Mining's mission is to offer reliable, high-quality and cost effective raw materials to the steel manufacturing industry on a global scale. The current pricing situation is at an all time high, with strong demand for raw materials coming from the People's Republic of China and it is expected to remain strong for several years ahead. For more information, please visit the company's website at

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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