SOURCE: Cotton & Western Mining, Inc.

January 31, 2011 06:19 ET

CWRN: "Management Addresses CE Issue"

HOUSTON, TX--(Marketwire - January 31, 2011) - Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) On January 12th, 2011 the Company received notification from Issuer Services PinkOTC as paraphrased herein under;

"Pink OTC Markets has become aware of promotion regarding your security. It is Pink OTC Markets policy to block the display of quotations on otcmarkets.com for non-Current issuers and label the company with the Caveat Emptor symbol. The Caveat Emptor can be removed by complying with the following:"

CWRN is not, has not and shall not be running any promotions on the Company. The Company has since become current on its annual fees and is in the process of complying with Pink OTC Markets requirements for display on otcmarkets.com website.

Baja Pacific Mining Project Update: The "Mina Guadalupe" Iron Mineral Mining Project has begun extended operations for material separation and heavy haul transportation to the Pacific Ocean Port of Ensenada, Baja California, Mexico. The Company will be shipping out of the Ensenada International Terminal. Windows for bulk cargo loading is scheduled for Thursday through Sundays. Bulk cargo vessels shall not be dispatched to the port until a sufficient amount of cargo is delivered to the dock side storage area. It is anticipated that the first shipment of iron ore will be around the end of February. Contract for sales and the confirmation of the buyer's Documentary Letter of Credit on incoterms CFR, export from Mexico to the People's Republic of China has been completed. Further shipments shall be on windows of access at the loading berth.

Note: "Mina Guadalupe" is operated by Panamerican Minerals Ventures, S.A. de C.V., Ensenada, Baja California, under contract with CWRN and held in trust for CWRN by its principal officers and directors, Robert L. Cotton and Sharon Vazquez. The registration of Cotton & Western Mining, Inc. U.S.A. with the Secretary of Economy, Mexico, as a foreign investment company has been delayed pending the name change from Cotton & Western Mining, Inc. to Panamerican Minerals Ventures, Inc. All financial reporting shall be on a consolidated basis, split between the U.S.A. and Mexico, under the terms and conditions of the NAFTA agreement.

Related News: China Seaborne Trade, Spot Price Iron Ore may be viewed at the following link; 
Metal Bulletin Iron Ore Index Link http://www.mbironoreindex.com/ 

About Cotton & Western Mining, Inc.
Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) a Nevada Corporation that is engaged in metal mineral exploration, development and operations for "Iron Mineral Mining." For more information, please visit the company's website at www.cottonwestern.com.

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.

Contact Information

  • Contact:
    Cotton & Western Mining, Inc.
    +1 713 482 7593