Xenolix Announces Corporate
Developments
HENDERSON, Nev., Apr 1, 2004 (BUSINESS WIRE) -- Xenolix
Technologies (Pink Sheets:XTCI) is pleased to announce
that it is in the process of changing the Corporation
name to "Pershing Resources Company, Inc." The company
will announce the effective date of the name change when
it receives its new trading symbol and cusip number. The
new name was selected to reflect the company's planned
primary mine which is located in Pershing County,
Nevada, in the Trinity Mountain Range.
The company is pleased to welcome Thomas Breen to its
Board of Directors. A member of the Society of Mining
Engineers and the International Precious Metals
Institute, Thomas Breen is a metallurgist who began his
mining career in 1978. He has been evaluating ores in
the Trinity Range in Northern Nevada since 1984. Also,
Mr. Breen has been a consultant on various precious
metals projects in North America, Europe and Africa. The
company believes his experience in the Trinity Range of
Nevada will facilitate the development of the company's
assets in the area.
NOTE: A number of statements contained in this press
release are forward-looking statements that are made
pursuant to the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995. These
forward-looking statements involve a number of risks and
uncertainties including but not limited to: competitive
market conditions, successful integration of
acquisitions, and the ability to secure additional
sources of financing. The actual results that XTCI may
achieve could differ materially from any forward-looking
statements due to such risks and uncertainties.
All inquires can be made through the offices of
Xenolix Technologies, Inc. at 701 North Green Valley
Parkway, Suite 200, Henderson, NV 89074
SOURCE: Xenolix Technologies
Back to News Page |