SAO PAULO, BRAZIL--(Marketwired - Jul 18, 2013) - Brazil Minerals, Inc. (
Marc Fogassa, Chairman and CEO of BMIX, commented, "This export license is very important because it allows Duas Barras to consider international offers and to sell its diamonds to global buyers, with these additional markets likely to produce an upside in pricing."
BMIX's initial plan is to establish a list of qualified global rough diamond buyers to complement the list of the current Brazilian buyers that routinely purchase the entire production from Duas Barras.
About Brazil Minerals, Inc.
Brazil Minerals, Inc. (
Safe Harbor Statement
This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon the current plans, estimates and projections of Brazil Minerals, Inc.'s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in Brazil, general economic conditions; geopolitical events and regulatory changes, availability of capital, BMIX's ability to maintain its competitive position and dependence on key management. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
INVESTOR RELATIONS CONTACT John Mattio SVP MZ North America 61 Broadway, 30 th Floor New York, NY 10006 Telephone: +1 (212) 301-7130 Email Contact www.mzgroup.us
