SOURCE: Mining Global Inc

October 20, 2014 07:10 ET

Mining Global Lowers Authorized Shares From 10.1 Billion to 8.6 Billion

WICKENBURG, AZ--(Marketwired - Oct 20, 2014) - Mining Global, Inc. (PINKSHEETS: MNGG) announced today that it has successfully lowered the authorized number of common shares it can issue from 10.1 Billion to 8.6 Billion.

"Taking this action lets everyone know that we are serious about reaching our goal to reduce the number of shares out there," said Joel J. Natario, Chief Executive Officer of Mining Global, Inc. "We are going to do everything we can to minimize dilution for shareholders and protect long-term shareholder value."

Disclosures can be found on the Company's online disclosure portal at: http://www.otcmarkets.com/stock/MNGG/filings

About Mining Global Inc.

Mining Global's objective is to build and operate world-class mines and develop a robust portfolio of assets in North America with the focus on organic growth and early stage acquisitions. The exceptional experience and strength of Mining Global's management team, combined with the excellent infrastructure and robust economics of the Arizona mining industry, sets Mining Global to become a leading Gold development and mining company.

Forward-looking statements:

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

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