CARSON CITY, NV /ACCESSWIRE / July 15, 2015 / Franklin Mining, Inc.(FMNJ) (FMNJ) William A. Petty, CEO is pleased to announce the Memorandum of Understanding (MOU) for Power Purchase Agreement (PPA) to provide 300 megawatts (Mw) for a wind turbine development project between Vientos De La Patagonia S.A. and Franklin Mining, located within the Chubut Province of Argentina. This MOU serves as the vehicle for Franklin to join forces with Vientos De La Patagonia S.A., recognized as one of Argentina's prominent energy transportation providers. This document and project has been approved by the Board of ENARSA. Mr. Pablo Orbelli will manage this project, with full Power of Attorney, as Franklin Mining's official domiciled representative.
Mr. Orbelli has worked with Franklin for the past six years and is considered an accomplished and trusted colleague. Due to his long standing business relationship with Franklin, along with Mr. Orbelli's impeccable character and extensive experience, he has been offered and has officially accepted the position of Board of Director of Franklin. Franklin is extremely honored to make this announcement, anticipating great strides as Mr. Orbelli brings his considerable experience to bear, fully expecting a most advantageous outcome. William Petty and Mr. Orbelli will work together in the upcoming months to ensure the success of this project.
About Franklin Mining, Inc. (FMNJ):
The company operates various mine sites under joint venture arrangements with companies in Bolivia, Peru and Mexico exercising highest standards of quality and efficiency by optimizing its resources and the preservation of the environment. In this way Franklin Mining generates value in the fields in which it operates and the projects it explores and exploits, besides contributing to the socio-economic and cultural development in the community and country it operates. Moreover, it develops mining operations through safe, low cost, innovative technology, social commitment and respect for the environment, creating value for the shareholders, employees, and the region in which it operates.
For additional information visit our website at www.FranklinMining.com
or contact Investor Relations: (858) 537-7439, fmnj@asaustinco.com
Safe Harbor Act:
This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
CONTACT:
Investor Relations:
(858) 537-7439
fmnj@asaustinco.com
www.FranklinMining.com
SOURCE: Franklin Mining, Inc.