GEAR International, Inc.

June 06, 2012 13:44 ET

GEAR International Announces Progress in Philippines, Deal Closing Within Weeks

PHOENIX, ARIZONA--(Marketwire - June 6, 2012) - GEAR International (PINKSHEETS:GEAR) is in the final stages of acquiring significant copper and gold mineral mining rights in the Philippines. After initiating dialogue with the Government of the Philippines in September 2011, GEAR has worked with Felix Abanjin, the former minister of natural resources for the Philippines to contribute to strengthening resource development ethics in the Philippines. GEAR President, Dale Geck, affirms, "We are very pleased with the mineral prospects in the Philippines and GEAR is proud to support the movement towards Global Resource nationalism of the mining sector in the Philippines."

About GEAR International, Inc.:

GEAR International, Inc. was originally incorporated in 1996. The company's strategically focused on gold and silver mining, providing financing for gold and silver mining projects, and precious metals processing and refining.

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This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Mission Holdings LLC, and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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