Piedmont Mining Company Files SB-2 Registration Statement With SEC
Reno, NV – June 27, 2006 - Piedmont Mining Company, Inc. (symbol: PIED) today announced that it has filed a Form SB-2 Registration Statement with the Securities and Exchange Commission. The SB-2 filing will register the resale by selling shareholders of an aggregate of 12,831,227 shares of common stock, including common stock issuable upon the exercise of warrants purchased in certain private placements. The Company will not receive any proceeds from the sale of these shares.
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sale of securities mentioned in this press release in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
The Company is including the following cautionary statement in this news release to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, the Company. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. Certain statements contained herein are forward-looking statements and accordingly involve risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. The forward-looking statements contained herein are based on various assumptions, many of which are based, in turn, upon further assumptions. The Company's expectations, beliefs and projections are expressed in good faith and are believed by the Company to have a reasonable basis, but there can be no assurance that management's expectations, beliefs or projections will be achieved or accomplished.
Piedmont Mining Company, Inc. Reno, Nevada
