PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact: Larry Stockett, CEO
(530) 477-0834
Brush Creek Mining & Development
Announces Special Shareholder's Conference Call
December 10, 1998, Grass Valley, CA. Brush Creek Mining and Development, Inc., (NASDAQ: BCMDE) announced today that it will hold a conference call for shareholder's on Friday December 11, 1998 at 8 a.m. (PST). Shareholders may call (800) 553-0381 to participate in the one half hour conference call. The call will be recorded and shareholders who can not participate live may listen to the recorded conference call for up to 30 days after the call.
The purpose of the call will be to discuss the significant progress the company has reached in settling its financial and legal problems, the status of the company's listing with Nasdaq SCM, the announced 10 for 1 reverse stock split and the other items scheduled to come before the shareholders at the previously announced Special Meeting of Shareholders.
The Special Meeting of the Shareholder announced yesterday for December 23, 1998 has been rescheduled for Saturday, January 30, 1999 at 1:00 p.m. (PST). This will give the maximum opportunity for shareholder's to attend and for the proxy solicitation materials to reach the shareholders holding stock in street name.
Mr. Stockett emphasized that the company is now positioned to achieve a dramatic step forward after recovering from the brink of bankruptcy, which it no longer anticipates as an option. The company plans to compete its acquisitions of U.S. Cement and McLaughlin Engineering and will be seeking shareholder approval by proxy solicitation
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