SILVER FALCON MINING, INC. (SFMI) Commences Trading on the OVER the COUNTER BULLETIN BOARD.
Murphy, Id. -- (MARKET WIRE) -- 03/03/10 -- Silver Falcon Mining, Inc. (OTC:SFMI.OTCBB - News announces that FINRA has approved its listing for trading onto NASDAQ-Over The Counter Bulletin Board (OTC:BB). Stock Symbol SFMI, as of the start of the trading day, March 4, 2010, will no longer trade as a PinkSheet status listed company.
In order for SFMI to become a trading stock on the NASDAQ-OTC:BB, the Company had to first become fully reporting under the US SEC 1934 Act (The Exchange Act). Once compliant under the 1934 Act, the Company through the offices of its �Market Maker,� petitioned for listing onto the NASDAQ-OTC:BB.
Only companies with full disclosures and transparencies can apply for this listing status.
As of March 4, 2010, at 9:30 AM EST, SFMI now trades on this fully regulated NASDAQ-OTC:BB.
Pierre Quilliam, CEO, states, �This is an exciting accomplishment for the Company. Becoming NASDAQ-OTC:BB listed now enables the Company to further expand its visibility and acceptance throughout the domestic and international investment communities. The stringent rules and requirements to maintain such a listing, gives investors the confidence from full transparencies and disclosures of SFMI�s operations. With SFMI now on the NASDAQ-OTC:BB, we feel confident that the Company's shares will attract investors and investment organizations which otherwise would ignore a PinkSheet listed entity.�
Management will continue to update shareholders as more news becomes available regarding its gold/silver mining operations.
Silver Falcon Mining, Inc. is an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America.
Further Information contact Rich Kaiser, Investor Relations 800-631-8127 and/or the Company at 941-761-7819, www.silverfalconmining.com.
Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward-looking statements, and not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.
ENDS
Investor Relations Yes International Ltd. Attn: Rich Kaiser 3419 Virginia Beach Blvd., #252 Virginia Beach, VA 23452 Tel: 757-306-6090 |