PRODUCTION EQUIPMENT TESTING PROVES POSITIVE FOR PROCESSING AND SALES
BEVERLY HILLS, Calif., Oct. 20, 2014 /PRNewswire/ -- AIM Exploration, Inc. (AEXE), operates as a junior mining company focusing on global mining, exploration and production. The Company is pleased to announce that over the weekend operations management for the Company has finished test production on all production equipment and has determined it is ready for wholesale production. Based on the successful test production results with the Company's first customer, negotiations have progressed with this client to the point of supplying their entire 2015 Feldspar requirements.
A second International client has expressed a great interest based on the test samples provided to them. They have now placed an order for 200 KG for a second test run to produce ceramic products. Upon successful completion of this test run the Company anticipates a much larger order to be placed.
Glass manufacturers continue to express a serious interest in the high quality product. The Company intends to expand the production facility to accommodate production for large-scale glass manufacturers as well as traditional ceramic manufacturers. The company is expecting this to be completed in the first half of 2015.
"We are excited and encouraged to see that after successful testing, our potential customers have indicated that we should soon be receiving large scale production orders. We are very pleased that our initial client R&D testing has definitely met their standards and the fact that we are looking at much larger scale production orders. We look forward to announcing the terms of the orders as they come in the near future," stated, J.R. (Bob) Todhunter, President & CEO, AIM Exploration, Inc.
About AIM Exploration, Inc.
AIM Exploration, Inc. (AEXE) is a Beverly Hills, California headquartered company with operational offices in Manila City, Philippines and a satellite office in Peru. AEXE operates as a junior mining company focusing on global mining production and exploration. The company currently has two existing projects, a 40% interest in a Feldspar mine located in the Philippines and a 100% interest in an Anthracite coal project located in Peru. The Feldspar mine is currently producing and will be undergoing upgrades for expanded production. The operation is controlled by Paladino Development & Mining Corporation. The Anthracite Coal project AIM owns and controls through its wholly owned subsidiary Aim Exploration s.a. is considered to be a high grade Anthracite Coal mining property in the Alto Chicama basin, in the province of Otuzco in Peru.
Certain information set forth in this press release contains "forward-looking statements" and "forward-looking information" under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include management's assessment of future plans and operations and are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as "estimates", "expects" "anticipates", "believes", "projects", "plans", "targets" and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause AEXE's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements.
AIM Exploration, Inc.
J.R. (Bob) Todhunter
Director, President & CEO
Toll Free: (844) 246.7378