SOURCE: O.T. Mining Corporation
MONTREAL--(Marketwire - Jun 5, 2012) - The O.T. Mining Corporation ("O.T.") (PINKSHEETS: OTMN) is pleased to announce that it has retained Demetrius & Company, L.L.C., (Demetrius) headquartered in Wayne, New Jersey, as auditor.
Demetrius' practice is concentrated on servicing small and medium sized businesses, non-profit organizations and government units. Demetrius' services its clients through personal contact and involvement of its principals, enabling more than cost-efficient audits, and giving clients added value. The auditing firm also has geographically diverse associate firms through which it can service clients with operations throughout North America.
Demetrius is a firm registered with the Public Company Accounting Oversight Board ("PCAOB") (http://www.pcaobus.org/) which enables it to audit financial statements contained in registration statements and periodic reports filed with the SEC. The retention of Demetrius is one of the steps O.T. is taking to become an SEC reporting company. O.T. and Demetrius intend that the auditing firm will start its involvement with the annual reports for the years ending June 30, 2012 and 2011.
O.T. is a U.S. junior mineral exploration company whose principal asset consists of 100% ownership (less 3% net smelter revenue) of the 21.3 square mile Ruby Property located in Jefferson Country, Montana. The Ruby Property is situated 14 miles from the Butte Mining District, once known as "The Richest Hill on Earth."
Disclaimer: This press release contains certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.