Applied Minerals, Inc. Completes $10 Million Financing
Applied Minerals is a leading producer of halloysite clay from its wholly-owned Dragon Mine property in Utah. Halloysite is an aluminosilicate clay that forms naturally occurring nanotubes. In addition to serving the traditional halloysite markets for use in technical ceramics and catalytic applications, the Company has targeted niche applications that it feels will benefit from the tubular morphology of its halloysite. These applications include, but are not limited to, carriers of active ingredients in paints, coatings and building materials, agricultural applications and high-performance fillers in plastic composites.
Statements in this press release that are not historical facts, and this includes all the statements concerning future-oriented statements, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of significant risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied.
Applied Minerals, Inc. Investor Relations Contact Tim Clemensen - Rubenstein Investor Relations(212) 843-9337 email@example.comSOURCE Applied Minerals, Inc.
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