SOURCE: Franklin Mining, Inc.

November 05, 2013 10:20 ET

Franklin Mining Submits 15c211

Authorized Common Shares Are Reduced to 1.99 Billion

LAS VEGAS, NV--(Marketwired - Nov 5, 2013) - FRANKLIN MINING, INC. (OTC Pink: FMNJ) - Franklin Mining, Inc is pleased to announce that a Financial Industry Regulatory Authority (FINRA) member firm recently completed an updated 15c211 filing on behalf of the Company. The 15c211 filing updates a non-reporting company's securities that will remove the need for non-solicitation only quotations once the process is completed. The FINRA member firm and Franklin executives are currently preparing responses to a first set of questions concerning the filing.

"Our updated 15c211 filing is significant in returning to Franklin its proper recognition as an international mining and energy company," said William Petty, Chairman of Franklin Mining. "As we continue developing multiple mining opportunities in Bolivia, it is critical that we access additional capital markets and investors who recognize the value of Franklin's current projects as well as recognize the future value of the many other opportunities we have attracted and will be able to develop, both in the United States and in South America."

Franklin Mining, Inc. also announces they have reduced the company's authorized common stock from its previous 200.0 billion shares to 1.99 billion shares.

About Franklin Mining, Inc. - Franklin Mining, Inc. (www.franklinmining.com) is a publically traded international exploration and mining company, headquartered in Las Vegas, Nevada, with offices in Santa Cruz, Bolivia. The Company adheres to the highest standards of quality and efficiency by optimizing the Company's resources through a system which places the preservation of the environment among the Company's top objectives. Franklin Mining, Inc. endeavors to find value in fields in which the projects can be explored and exploited while contributing to the socio-economic and cultural development of its society. The Company has developed model mining operations through safe, cost effective and innovative technologies. Franklin Mining Inc.has purposed to uphold a great social commitment and respect for the environment while creating a robust value for its shareholders, employees, and the region within which it operates. Additionalinformation can be found at the Company's corporate website:www.FranklinMining.com.

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

Contact Information

  • For additional information visit our website at www.FranklinMining.com
    or contact Investor Relations:
    (858) 537-7439
    fmnj@asaustinco.com