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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: WhiteKnight who wrote (4203)12/11/1998 3:25:00 PM
From: WhiteKnight  Read Replies (1) | Respond to of 4571
 
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact: Larry Stockett, CEO
(530) 477-0834

Brush Creek Mining & Development
Announces Rescheduled Special Shareholder's Conference Call

December 11, 1998, Grass Valley, CA. Brush Creek Mining and Development, Inc., (NASDAQ: BCMDE) announced today that it has rescheduled a conference call for shareholder's on Monday December 14, 1998 at 8 a.m. (PST). Shareholders may call (800) 260-0719 to participate or listen in the one-half hour conference call. The call will be recorded and shareholders that are not able to 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 in addition to the other items scheduled to come before the shareholders at the previously announced Special Meeting of Shareholders.

The Special Meeting of the Shareholder announced Wednesday 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 complete its acquisitions of U.S. Cement and McLaughlin Engineering and will be seeking shareholder approval by proxy solicitation.