ALL, any comments on this?
Tuesday April 20, 12:10 pm Eastern Time
Company Press Release
J.A.B. International Projects Over $5
Million in 1999 Revenues
ORLANDO, Fla.--(BUSINESS WIRE)--April 20,
1999--J.A.B. International, Inc. (OTC BB:BCMDD), announced
today that expects 1999 revenues to exceed $5 million, due primarily to the installation of a 75 cubic
meter diamond processing plant at the Company's N'Zako river mining project site in the Central
African Republic.
J.A.B International has completed initial testing of its Central African properties with very
encouraging results, having located 0.23 carats of diamonds and 0.2 grams of gold per cubic meter
of gravel tested.
The Company also has mining properties in Northern California, and Honduras.
In other news, J.A.B. International has reached an understanding to acquire McLaughlin Engineering
& Mining Company of Ridgecrest, California. Terms were not disclosed. McLaughlin recently
reported over $3 million in earnings, and will be responsible for the development and management of
J.A.B. International's mining properties around the world.
''McLaughlin Engineering & Mining Company will provide us with very effective capabilities and
expertise to help develop our gold and diamond properties quickly and efficiently,'' says Jefferson A.
Bootes, Chairman & President of J.A.B. International, Inc. ''We fully expect to get our mines up,
running and generating substantial revenues by mid 1999.''
Also, J.A.B. International, Inc. has moved its corporate offices to Orlando, Florida.
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