Bullion Monarch Mining Inc. Announces Completion of Succession Plan
October 28, 2010 – St. George, Utah - Bullion Monarch Mining Inc. (BULM.QB) announced today that effective October 29, 2010, all shares of common stock of Bullion Monarch Mining, Inc., formerly known as “Bullion Monarch Company,” CIK No. 0000015288, SEC File No. 001-03896 (“Old Bullion”), will represent shares in“ Bullion Monarch Mining, Inc. (NEW),” CIK No. 0001497246, SEC File No. 000-54045 (“New Bullion”), with the same Cusip No. of 1024P 101 presently carried by the Company’s common stock. The Company’s common stock will continue to trade on the OTCQB under its current symb ol of “BULM.” Effective October 29, 2010, Old Bullion’s Edgar classification will be changed to “Bullion Monarch Mining, Inc. (OLD),” and a Form 15 will be filed that will terminate the reporting requirements of Old Bullion under the Securities Exchange Act of 1934, as amended.
Additional information regarding this succession can be found in the Form 15 to be filed with the SEC for Old Bullion on October 29, 2010, and in the 8-K Current Report of New Bullion to be filed with the SEC on October 28, 2010.
About Bullion Monarch Mining
Bullion Monarch Mining Inc. is a publicly traded (OTC:BULM), gold-focused royalty company with additional interests in oil-shale technolo gy. The Company is engaged in a continual review of opportunities to create growth through new royalties or participating interests by financing mine development or exploration. The majority of current revenues are derived from a high-quality royalty claim block located in Northeastern Nevada’s Carlin Trend. Bullion Monarch’s portfolio also provides for direct leverage to commodity prices and the exploration potential of world-class ore deposits and mineral exploration trends where we have existing royalty interests. Visit the Company website at www.bullionmm.com for more information.
Investor Relations Contact
Joseph Morris
info@bullionmm.com
(801)426-8111
“Safe Harbor” Statement under Private Securities Litigation Reform Act of 1995.
Certain statements contained in this report constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Information contained in this report contains “forward-looking statements’ which can be identified by the use of forward-looking terminology such as “believe”, “expect”, “may”, “should”, “up to”, “approximately”, “seem”, “likely”, or “anticipates” or the negative thereof or given that the future results covered by such forward looking statements will be achieved. Such forward-looking statements involve a number o f known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Readers are cautioned not
to place undue reliance on these forward-looking statements, which speak only for the date the statements was made. Investors should carefully consider the preceding information as well as information contained in the Company’s 10-KA-1 Annual Report (“old” Bullion) and the Form 10 (“new” Bullion) before making any investment in the shares of the Company. The full 10-KA-1 or the Form 10 filings referenced in this press release are available at sec.gov or bullionmm.com for complete information. Neither Bullion Monarch Mining, Inc. nor its subsidiaries, undertake any obligation to update any forward-looking statements contained in this press release. Historical results referred to before current QA/QC and sample security protocols were adopted should not be relied upon as to what potential resources exist on the property. This press release is for informational purposes only and is not and should not be construed as an offer to solicit, buy or sell any security.
