News on American silver:
Dan
Subj: Clifton's Investment Continues To Climb. American Silver Files Patent Application, Signs First Sales Contract, Ships Product.
Date: 8/10/99 4:07:56 AM Central Daylight Time
Attention Business Editors:
Clifton's Investment Continues To Climb. American Silver Files Patent Application, Signs First Sales Contract, Ships Product.
ALPINE, UT, Aug. 10 /CNW/ - Clifton Mining Company (OTCBB: CFTN and ASE:
CFB) wishes to announce that the company's investment in American Silver LLC
(``American Silver') continues to climb. American Silver has just completed
the filing of its first patent application on the new ASAP Solution. The
company has also completed its first bulk sales agreement and has shipped and
received payment on the shipment.
Said William D. Moeller, President, ``In this time of sliding metals
prices, it is exciting to see another branch of Clifton's business really
starting to take off, and indications are that it will continue to grow by
leaps and bounds.'
American Silver's first patent application has already been filed and
several more will follow. Vice President Keith Moeller said, ``Because of the
technological advances we have made, we are the only company who has been able
to file a patent on a new silver supplement in decades. In head-to-head tests
at an independent university laboratory with other commercially available
silver supplement products, our ASAP Solution was found to be at least 2-3
times more effective at killing harmful bacteria than the other products. We
have also just completed toxicity tests at an international laboratory which
showed that at a level of 100-200 times the normal adult dosage, our product
was found to be completely non-toxic to the test animals. In fact, after
consuming the high dosages, the animals were very healthy and growing
rapidly.'
American Silver has just reached an agreement with an international
supplement distributor that calls for 8,000 bottles/month as a starting
position, this is in addition to the company's growing internet and health
food store sales. American Silver continues to work with other international
distributors and expects that additional bulk sales agreements will be
completed.
``We are getting good reports from people across the country who are
using the ASAP solution for earaches, sore throats, cankers and other mouth
sores, burns, food poisoning, and even diaper rash,' said Moeller. ``People
are reporting that the solution will kill the pain from a canker within 24
hours and alleviate a sore throat in a day or two. It is very exciting to come
into the office every day to see what new letters, E-mails and phone calls I
have received. Newspapers and even TV shows are starting to call.'
American Silver L.L.C. is 40% owned by Clifton Mining Company
(ASE-CFB/OTCBB-CFTN).
Note: Any statements released by Clifton Mining Company that are forward
looking are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Editors and investors are cautioned
that forward looking statements invoke risk and uncertainties that may affect
the company's business prospects and performance. These include economic,
competitive, governmental, technological and other factors discussed in the
company's business plan and due-diligence information. The Alberta Exchange
neither approves nor disapproves of the contents of this news release.
%SEDAR: 00008095E
-0- 08/10/1999
For further information: Keith W. Moeller, V.P., Clifton Mining Co., (801) 756-1414 ext. 41 or Websites: www.cliftonmining.com or American Silver L.L.C. at www.asapsolution.com
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