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Hidalgo Mining International (HMIT) Announces New Port-au-Prince Offices OpenedNEW YORK, NY -- (Marketwire) -- 08/19/08 -- Hidalgo Mining International (PINKSHEETS: HMIT), an innovative mining company headquartered in Port Washington, N.Y., announced that its new corporate offices have officially opened at # 20, Avenue Lamartiniere Port-au-Prince, Haiti. Mark Daniel Klok, President of HMIT, stated: "The Company has now opened its new offices at # 20, Avenue Lamartiniere Port-au-Prince, Haiti. Mr. O'Donnell Maximin, who is one of the board members of our new Haitian Subsidiary Hidalgo Mining Haiti, S.A. continues to receive an overwhelming level of support from Haitian Officials. He has had planning sessions with several Haitian senators and I have been told they all share the same excitement with the opportunity to create jobs through the development of the natural resource sites and help benefit the region." Mr. O'Donnell Maximin stated: "We are working with the new government team in conjunction with the honorable President Rene Preval and the new Haitian Prime Minister Ms. Michele Duvivier Pierre Louis to begin the negotiations for our mining convention between Hidalgo Mining Haiti S.A. and the Haitian government. I look forward to working with Hidalgo Mining as we continue to develop the natural resources sector in Haiti." Klok went on to state: "This brings the company one step further to achieving its goals to further expand the diversity of its projects while targeting near term production properties. The company has taken major strides this year with completing financing and acquiring and relocating equipment to our Fifa mining site in Guinea, West Africa. We are very confident the mining season ahead will yield positive results for the company." ABOUT HIDALGO MINING INTERNATIONAL Hidalgo Mining International (PINKSHEETS: HMIT), an innovative mining company headquartered in Port Washington, N.Y., strives to increase shareholder value, while implementing aggressive plans to continue targeting near term mining production projects on a global scale. HMIT's management, directors, and advisors hold an abundance of experience and knowledge to implement expansion in this rapidly growing industry. Disclaimer: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS The results described herein cannot be guaranteed. The development of any and all of the subject mining claims stated herein is contingent upon multiple high risk factors that must be successfully dealt with in order to achieve the intended results. This release contains "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. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect Hidalgo Mining Internationals' future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Hidalgo Mining International to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. Hidalgo Mining International undertakes no duty to update any forward-looking statement(s) and/or to conform the statement(s) to actual results or changes in Hidalgo Mining International's expectations. Contact: |
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