SOURCE: Delta Mining and Exploration

October 14, 2008 09:00 ET

Delta Mining Completes Pinksheets Disclosure Requirements; Status Updated

MISSOULA, MT--(Marketwire - October 14, 2008) - Delta Mining and Exploration Corp. (PINKSHEETS: DMXC) is pleased to announce that it has completed all necessary disclosure requirements for Pinksheets.com.

Delta has been working with Pinksheets for the past three months to remove the designation of "caveat emptor" which originated as a result of an unauthorized promotional email distribution. Delta has provided Pinksheets with updated financial and corporate records to their satisfaction. As a result, a new designation is now posted on their website and can be viewed along with all company documents under the DMXC symbol on www.pinksheets.com.

By having its status updated, Delta has lived up to its promise to be more transparent with the public and allows for the stock to be traded through online brokerage service, which had previously placed restrictions on the sale of the company stock.

With regard to future exploration, Delta is currently reviewing all of its options and recommendations presented by Apex Geoscience. A decision with a full outline of exploration plans will be made public in the coming week.

About Delta Mining and Exploration Corp., http://www.deltamine.com: Delta is a mineral exploration company with an extensive portfolio of diamond properties in central Montana, USA. Delta controls some 7,554 acres throughout Montana located within the Wyoming Craton where much of North America's diamonds have been found.

NOTE: Safe Harbor for Forward-Looking Statements.

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.

Contact Information

  • Contact:
    Brett Rodli
    Chief Executive Officer
    406-214-4579