Welcome!

News Feed Item

Micron/Britannia Reaffirms Dissenter Rights

NEW YORK, NY -- (Marketwire) -- 02/08/13 -- Micron Enviro Systems, Inc. (PINKSHEETS: MSVS), soon to be officially known as Britannia Mining [pending FINRA Approval], seeks to reaffirm the Dissenters' Rights for shareholders of the Company.

"Transparency is key when looking to establish and maintain a good relationship with shareholders," stated Kenneth Roberts, newly appointed CEO of Micron Enviro Systems. "We strongly believe that the absolute benefit in transparency is found in our investors, confidently knowing they will always be kept informed."

Shareholders were notified of 'Dissenters' Rights' within the cover letter of the Notice of a Special Meeting of the Shareholders of Micron Enviro Systems, Inc. If one chose to assert the right, investors were notified that, pursuant to Nevada Revised Statute ("NRS") § 78.320, stockholders must notify the Company either at the meeting or prior thereto in writing, of their assertion of dissenting rights.

In order to allow non-voting shareholders to exercise their rights, the company is extending the period to February 28th 2013.

The Dissenters' Rights Notice can be found at the company's website (www.micronenviro.com)

The share price value of MSVS has seen a significant increase over the value prior to the announcement of the merger. The pre-announcement value is what would generally be applicable in those cases where Dissenters' Rights are exercised. MSVS/Britannia executives are confident that shareholders see the value add, and will continue to support the company's new management.

Roberts concluded, "As with the initial shareholder vote to ratify the merger, we view our stockholders as partners, therefore we are pleased to reaffirm the opportunity for any person to exercise their Dissenters' Rights should they choose to assert them. I am very confident with my team and what the future may hold for this great company. We are just getting started. I am confident that the shareholders will continue to support what we are doing and afford us the tools we need to build this company."

About Micron Enviro Systems
Micron Enviro Systems is an emerging mining company which explores and pursues opportunities in gold, coal and lithium. Much of the business set in leveraging various gold claims, leases and permits to enhance shareholder value. Over the course of 2012, in narrowing its scope of operation, Micron surrendered various leases and permits unrelated to gold.

In October of 2012 Britannia Mining (UK company), solidified its interest in Micron and executed an agreement to Merge with Micron pending ratification by shareholders.

On January 31st, 2013, in a Special Meeting of Stockholders, the merger between Micron Enviro Systems and Britannia Mining (UK company), was ratified by shareholders.

Micron Enviro Systems, which is now headed by the CEO of Britannia Mining, Mr. Kenneth Roberts, will formally undergo a name change [to Britannia Mining] upon FINRA approval.

For more information, please visit www.micronenviro.com.

About Britannia Mining
Britannia Mining is an explorer and developer of mining projects. The company is developing a high grade iron ore project in Malawi and holds an Exclusive Prospecting License (EPL) for iron ore over 650 sq km at Nthale, Blantyre. From magnetic imaging studies that have been completed over a test area of 20 sq km, the company has located a number of ore bodies that indicate this 20 sq km area could yield upwards of 40 million tonnes iron ore. The company intends to mobilize a drilling program, where upon completion the company expects to provide a resource definition of the first target at Nthale Hill.

Britannia Mining is in talks with a number of potential partners to implement a near term mining plan at Nthale Hill.

Safe Harbor
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

You should independently investigate and fully understand all risks before making investment decisions.

Contact information
Micron Enviro Systems, Inc.
Investor Relations
(646) 580-1153
Email Contact
http://www.micronenviro.com/

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to impr...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
"We do one of the best file systems in the world. We learned how to deal with Big Data many years ago and we implemented this knowledge into our software," explained Jakub Ratajczak, Business Development Manager at MooseFS, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
CI/CD is conceptually straightforward, yet often technically intricate to implement since it requires time and opportunities to develop intimate understanding on not only DevOps processes and operations, but likely product integrations with multiple platforms. This session intends to bridge the gap by offering an intense learning experience while witnessing the processes and operations to build from zero to a simple, yet functional CI/CD pipeline integrated with Jenkins, Github, Docker and Azure...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...