OilVoice - Franklin Completes Sale of Its Oil & Gas Division

Franklin Completes Sale of Its Oil & Gas Division

Saturday, January 23, 2010

Franklin Mining, Inc. Chairman and CEO, William Petty, announces that the company has completed the sale of its oil and gas assets to Energy Management International, Inc.

In making today's announcement, Mr. Petty stated:
"My Board and I determined last year and announced our decision in May 2009, that it would be in the long-range best interest of our shareholders to sell the company's US and Latin American energy assets in order to focus full-time on developing our Escala Mina I joint-venture and San Antonio de Turiri operating agreement."