NEW YORK, Feb. 3, 2006 (PRIMEZONE) -- Mayfair Mining & Minerals, Inc. (OTCBB:MFMM) (Frankfurt:M1M) is pleased to announce that its application for membership to the Corporate Council on Africa (CCA) has been accepted.
The Corporate Council on Africa, which was established in 1993, is the largest U.S. based organization positioned at the forefront of strengthening and facilitating the commercial relationship between the United States and the African continent. CCA works closely with governments, multilateral groups and business to improve the African continent's trade and investment climate, and to raise the profile of Africa within the U.S. business community. The CCA has over 180 corporate and private members who represent nearly 85% of total U.S. private sector investments in Africa.
CCA members believe that Africa's future success depends upon the ability of its entrepreneurs and business people to create and retain wealth through private enterprise. American corporations and private individuals can contribute most effectively by building partnerships and reaching out to the African private sector in the areas that America knows best -- entrepreneurial enterprise, investment capital, technology transfer and management.
CCA programs are designed to bring together potential business partners and raise Africa's investment profile in the U.S. by developing critical contacts and business relationships and providing a forum for the exchange of information and ideas.
This exposure as a U.S. listed company could be beneficial to Mayfair Mining & Minerals, Inc. CCA is a bridge to the latest business opportunities in Africa. As the chief source of continuous information on commerce across the African continent, CCA provides its members with business networks, trade and investment opportunities, access to senior-level U.S. and African government officials, publications, and the promotion of commercial operations in Africa.
Mayfair Mining & Minerals, Inc.
Mayfair Mining & Minerals, Inc. is a precious metals exploration and development company listed on the OTC Bulletin Board in the United States and the Frankfurt Stock Exchange in Germany. The Company's corporate mission is to explore and mine prospectively profitable mineral properties, with a main focus on the African continent. The Company currently holds mining projects in Zambia, and is reviewing other opportunities in Madagascar, Mozambique and Tanzania.
On behalf of the Board of Directors,
Clive de Larrabeiti
President & CEO
SAFE HARBOR STATEMENT
This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various mining project interests and certain other matters. These statements are made under the "Safe Harbour" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward looking statements contained herein. Forward-looking statements involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks described in this press release. Such risks include, but are not limited to terrorist activities that may affect our business or the economy in general; lack of success in mining activities; the prices of metals and gemstones; lack of funds to conduct mining activities; increase in costs of production, and similar risks. For further information about the Company, please refer to its materials filed with the Securities and Exchange Commission and available on the SEC website at www.sec.gov