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Franklin Expands US Energy Subsidiary and Establishes Franklin Mining Colombia LTDA

earthtimes.org

08-Jul-2008

Story Timeline: 95 days

LAS VEGAS, NV -- 07/08/08 -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and President, William A. Petty, announces that ongoing negotiations for US energy projects have resulted in a significant change in previously announced plans for the company's US energy division. Franklin Mining, Inc. has retained full ownership of the recently formed subsidiary, Franklin Oil & Gas, Inc., and is prepared to begin work in west Texas. Mr. Petty also announced that incorporation documents have been prepared for formation of Franklin Mining Colombia LTDA and all requested information has been submitted to ECOPETROL (Colombia's national oil company) to register future crude oil sales. About Franklin Mining, Inc: Franklin Mining, Inc. has mining and energy interests in the United States and Bolivia as well as energy... [read full story]

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