Russell Industries: -RUSSELL INDUSTRIES: CORRECTION FOR APPROVAL DATE
7/17/2007
HOUSTON, TX, Jul 17, 2007 (M2 PRESSWIRE via COMTEX News Network) --
Russell Industries, Inc.
(RSDS.PK) announces that it has received preliminary approval
for its Plan of Operations for uranium exploration on its
Rage Claims within the Monticello Ranger District
of San Juan County Utah.
The letter dated July 12, 2007 stated that
"Our internal resource specialists are reviewing the project
and there is a Request for Comments out to the public
for their input and any concerns they may have.
Currently, there are no significant issues identified and
if no other issues are raided, we should have the Plan
of Operations approved by August 13, 2007.
If issues are raised, however, more time will be needed
to analyze these before the Plan can be approved."
"We are pleased with the update and are optimistic that
any issues from the Request for Comments would not
be significant, therefore they should be resolved quickly
and so should approval of our Plan of Operations," said
Rick Berman, President and CEO of Russell Industries.
About Russell Industries, Inc.
Russell Industries, a Nevada Corporation, was incorporated
in 1997.
Russell Industries is a holding company that will acquire
assets in the energy, mining, healthcare and
financial industries.
The Company owns a majority ownership interest in -
322 Uranium Mining Claims -
as of July 16, 2007
and recently acquired
American Uranium Mining Company (AUMN.PK).
Safe Harbor
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CONTACT:
Investor Relations
Fax: +1 281 298 9055
WWW:
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