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To: Brandon Buttons who wrote (6218)11/15/2000 10:30:08 AM
From: CAYMAN   of 6467
 
Adventure Minerals, Inc. Announces Its New Name -- Planet Earth Recycling, Inc and New Symbol -- PERI

Wednesday November 15, 9:39 AM Eastern Time

Press Release

BLAINE, Wash.--(BUSINESS WIRE)--Nov. 15, 2000

ADVENTURE MINERALS, INC. (the ``Company'')(OTCBB:AVML - news) is pleased to announce it has changed its name to PLANET EARTH RECYCLING INC. (OTCBB:PERI - news) effective November 6, 2000, and its trading symbol from ``AVML'' to ``PERI'' effective November 9, 2000.

The name change and new trading symbol were the final steps in a business combination between the Company and Planet Earth Recycling.

On November 2, 2000 the Company held a Special meeting of its shareholders in Seattle, Washington to change its name to Planet Earth Recycling Inc and to approve certain other changes to its articles of incorporation. The Board of Directors of the Company had approved the amended and restated articles of incorporation by consent on October 4, 2000.

To avoid confusion, the Company is informing the public that prior to its use of the trading symbol ``PERI'', a company named Periphonics Corp. used the trading symbol. Periphonics is no longer trading and has never had any connection or dealings with the Company.

About Planet Earth Recycling Inc.

Planet Earth has developed cutting-edge solutions for managing and recycling all waste materials, including glass, plastic, paper, cardboard, metals, and, most importantly, organic waste. From waste audits, acquisitions, and processing of raw waste materials, to construction, ownership, and operation of satellite centers, depackaging centers, transfer stations, recycling centers, and bio conversion plants, Planet Earth offers full-service recycling and waste processing.

Planet Earth's expert team of consultants has over three centuries of combined experience of generating revenues from financing, permitting, engineering, construction, training, research and development, marketing, operations, and systems support.

Certain statements contained herein are ``forward looking statements'' (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements are based on the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management. Because such ``forward looking statements'' are subject to risks and uncertainties, actual results may differ materially from those expressed or implied. Such ``forward looking statements'' include but are not limited to, competitive factors, general economic condition, customer relations, relationships with vendors, government supervision and regulation, product introductions and acceptance, technological changes in industry practices, and other factors discussed in filings made by the Company with the Securities and Exchange Commission.

On behalf of the Board of Directors of: ADVENTURE MINERALS INC.

"Donald D. Dick"

Donald D. Dick, Chairman

Contact:

for Adventure Minerals, Inc.

Kevin Skett, 360/332-1350
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