AIM Exploration Announces Production and Sales for Their Philippine Operations
HENDERSON, NV--(Marketwired - Nov 30, 2015) - AIM Exploration Inc. (OTCQB: AEXE) is pleased to announce partially owned subsidiary, Paladino, has successfully ramped up production and has solidified an agreement to increase the standing order from their valued customer Royal Tern Ceramics for 2016. Commencing in January, Royal Tern Ceramics Royal Tern will be purchasing tons of Feldspar per month, which equates to approx. $400,000 revenue from just this one customer. Royal Tern is a Large Ceramic Manufacturer located in the Philippines.
J.R. (Bob) Todhunter, the company's CEO, stated, "This latest news is very exciting for our shareholders, and is the result of the hard work and efforts of our team on the ground in the Philippines. This also demonstrates our diversity of revenue and income streams and will serve our company well as we continue to move forward into the New Year."
AIM Exploration Inc. (AEXE) operates as a junior mining company focused on global mining, exploration and production. Further Information on our projects can be found at www.aimexploration.com and followed at https://twitter.com/aimexploration.
About AIM Exploration, Inc.
AIM Exploration Inc. (AEXE) is a Nevada headquartered company with an operational office in Manila City, Philippines and Lima Peru. AIM operates as a junior mining company focusing on global mining, exploration and production. The company currently has two existing projects, a 40% interest in a Feldspar mine and production plant located in the Philippines and 100% ownership of an Anthracite coal project located in Peru. The Feldspar mine is currently producing and is currently undergoing upgrades for expanded production. The operation is controlled by Paladino Mining and Development Corp. The Anthracite Coal project, AIM owns and controls through its wholly owned subsidiary Aim Exploration SA. It is considered to be high-grade Anthracite Coal mining properties in the Alto Chicama basin, in the province of Otuzco in Peru.
Forward-Looking Statements
Certain information set forth in this press release contains "forward-looking statements" and "forward-looking information" under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include management's assessment of future plans and operations and are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as "estimates," "expects," "anticipates," "believes," "projects," "plans," "targets," and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause AIM's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements.
Contact
AIM Exploration Inc.
J.R. (Bob) Todhunter
Director, President & CEO
www.aimexploration.com
info@aimexploration.com
https://twitter.com/aimexploration
