SOURCE: Triton Distribution Systems, Inc.

Triton Distribution Systems, Inc.

February 24, 2011 08:00 ET

Progress on the Triton Joint Venture Mining in Nevada

TIBURON, CA--(Marketwire - February 24, 2011) - As previously promised and in order to keep shareholders informed, Triton's (PINKSHEETS: TTDZ) Management will release tomorrow, Friday 25, 2011 a press release that will announce and cover the progress achieved this week. The press release will cover the following:

1) Formation of the Nevada Corporation for the Joint Venture.
2) Registration of 12 additional claims.
3) Opening Bank Account for the Joint Venture.
4) Wire transfer of funds into the Joint Venture Bank Account.
5) Execution of the mines 5-year lease, for all 14 claims.
6) Confirmation of arrangements for Triton's CEO to meet with the Executives of Universal Holdings in Beijing, China on March 9, 2011.

The Company wishes to advise all shareholders that if possible and safe, management will release details of other additional information regarding the operation of the mines in Nevada.  

FORWARD-LOOKING STATEMENTS

This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. The company's operations and business prospects are always subject to risk and uncertainties.

Contact Information

  • Contact:

    Triton Distribution Systems, Inc.
    Gregory Lykiardopoulos
    CEO
    415-381-4806