 |
Information posted was accurate at the time of posting but may be superseded by subsequent news releases Back 
Supplying America's Infrastructure Needs
|
Silver Reserve Corp., Reno, Nevada, December 2, 2008 OTCBB Symbol: SLVV
Silver Reserve Corp. is pleased to announce that it has changed it name from Silver Reserve Corp. to Infrastructure Materials Corp. The purpose of this name change is to more accurately reflect the new primary focus of the Company toward the development of its newly acquired limestone assets. The Company's common shares will continue to trade under the symbol SLVV on the OTC BB until the Corporate Data Operation Department of the NASDAQ OMX Group Inc., has processed the name change application.
It is the Company's position that the present state of the US economy will have a positive impact on the demand for cement. CEO, Todd Montgomery stated, "We believe that the US Federal and State government will look to an infrastructure-based economic stimulus package to spur job creation and economic growth. In addition to being an economic stimulus, investment in US infrastructure is a necessity if America is going to continue to enjoy the mobility that has enabled its commerce to flourish to date as its infrastructure continues to age-deteriorate."
Recently the Company acquired all the outstanding shares of Infrastructure Materials Corp. US, a company which holds several limestone assets in the states of Nevada and Idaho. Based on information assembled to date at least two of these properties carry grades, and resource sizes adequate to warrant development of facilities to produce cement. These limestone properties are located within economic hauling distance of existing railhead. The Company is continuing to acquire additional limestone properties in strategic areas of south western United States. The Company plans to move as quickly as possible to advance these projects to feasibility.
Infrastructure Materials Corp. formerly Silver Reserve Corp. is an exploration stage mining company. In addition to the limestone properties, the Company has a portfolio of 15 silver and base metal projects in the State of Nevada and a 250 ton per day mill facility at Mina, Nevada.
For More Information, please contact
Mason Douglas, President
866-448-1073
info@silverreservecorp.com
or visit our Web Site at
www.silverreservecorp.com
FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements" within the meaning of U.S. securities laws Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate," "estimate" and other similar words or statements to the effect that certain events or conditions "may", "have" or "will" occur. This release also contains statements based upon historical records pertaining to our mineral claims that have not been verified by the Company. The term, "resource" is not a term that is recognized by SEC guidelines and does not rise to the level of certainty required by SEC guidelines. Forward-looking statements or references to historical records are based on the material in our possession, opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those stated or projected in the this press release. The Company undertakes no obligation to update forward-looking statements or historical information. The reader is cautioned not to place undue reliance on forward-looking statements. |
|
|
|
|
|
