BELLINGHAM, Wash., Nov. 14, 2007 (PRIME NEWSWIRE) -- Uranium City Mining Corporation, formerly Nitro Lube, Inc. (Pink Sheets:UCMC), today announced that it has completed the reorganization and has been assigned the trading symbol "UCMC". The new symbol will be effective at the opening of business on this date, November 14, 2007.
About Uranium City Mining
Uranium City Mining Corporation is a Canadian-based mining and exploration company engaged in the acquisition and development of highly prospective uranium and base metals properties. Presently, the company is focusing all discovery efforts in the Uranium City area of Northern Saskatchewan, Canada, where it is headquartered. This was the first geographical area of uranium discovery and developed into the hub of uranium mining in Canada. The company maintains a website at: www.uraniumcitymining.com. The company's main office address is: 114 West Magnolia Street, #400-102 Bellingham, WA 98225. Tel. 877-454-7872.
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 Uranium City Mining Corporation, 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.