PALM DESERT, Calif., Jan. 22, 2008 (PRIME NEWSWIRE) -- U.S. Mine Makers, Inc. (Pink Sheets:UCMC) (formerly Uranium City Mining Corporation) announces correction of its January 17, 2008 press release regarding the spinout of the company's wholly owned subsidiary "Nitro Lube Canada, Ltd." (a British Columbia corporation) as a partial self-liquidating dividend to its shareholders. The Shareholders will receive one share of Nitro Lube Canada, Ltd. for each share owned (I for 1) in Uranium City Mining Corporation (UCMC), now U.S. Mine Makers, Inc. The record date for this dividend is the close of business on January 25, 2008. This corrects the misstatement previously issued in connection with the partial self-liquidating dividend.
About Nitro Canada, Ltd.
Nitro Lube Canada, Ltd. is engaged in the business of manufacturing and worldwide marketing of ultra performance lubricants and fuel conditioners designed to perform in extreme temperatures. All products produced and sold by the company contain the revolutionary "PMF 2000" formula. Nitro Lube Canada, Ltd. has offices in Langley, B.C. and maintains a website at: http://www.nitrolube.com
U.S. Mine Makers, Inc. (formerly Uranium City Mining Corporation)
U.S. Mine Makers, Inc. is a mining and exploration company with executive offices in Palm Desert, California. Besides its own precious metals mining operations, the company also prides itself as an 'eco-friendly' mine restoration company that uses its own modern technology to clean up toxic mine sites. The company motto is, "We Clean the Planet - One Mine Site at a Time." U.S Mine Makers, Inc. maintains a web site at: www.usminemakers.com
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Nitro Lube, Inc., and members of management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. These risks and uncertainties include, among other things, volatility of market prices, product demand, market competition, risks inherent in the Company's international operations, and the Company's ability to expand. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.