SOURCE: Michigan Gold Mining Investments Inc.

January 04, 2007 08:45 ET

Michigan Gold Mining Investments Inc. Has Received a Stock Commission in Merger Deal

BAY CITY, MI -- (MARKET WIRE) -- January 4, 2007 -- Michigan Gold Mining Investments Inc. (PINKSHEETS: MGGV) has received one and one half million (1.5 million) common shares of post consolidated Rima America Inc. for bringing the two parties, Grofeed Inc. (GFDI) and Rima together. Rima Inc. is a twenty-year-old Italian fashion manufacturer which has just negotiated an exclusive marketing agreement with Lamborghini to market its fashion products in North America.

Ben Fuschino, CEO of MGGV, was instrumental in putting the two companies together and so, accordingly, MGGV has been awarded a 5% commission in the transaction.

Forward-Looking Statement

The information herein and regarding economic, competitive, governmental, technological and other factors may constitute a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform act of 1995. While the Company believes that the assumptions underlying such forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein. The release contains forward-looking statements with respect to the results of operations and businesses of Michigan Gold Mining Investments Inc., which involve risks and uncertainties. The company's actual future results could materially differ from those discussed. Risks and uncertainties of the company will be detailed from time to time in the company's periodic reports. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements, be subjected to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995.

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