COEUR D’ALENE, Idaho, Aug. 16, 2016 (GLOBE NEWSWIRE) -- Merger Mines Corporation of Coeur d’Alene, Idaho is pleased to announce that it has signed an agreement with Frencken America Inc. in Liberty Lake, Washington, whereby Frencken will design and supply the motion control components for the Merger Miner, and software for system operations.
Frencken America Inc. is a global design and manufacturing company of highly complex electro mechanical assemblies as well as motion control systems and software. www.frenckenamerica.com. Frencken America Inc. is a part of the Frencken Group. As a global service provider, the Frencken Group serves companies in Europe, Asia and the USA through a global network of operating subsidiaries. There are strategically located facilities in the Netherlands, the USA, Singapore, Malaysia, and China.
Frencken America Inc. will assist Merger’s operational teams to make any adjustments necessary in the field for the optimal operation of the Merger Miner’s mine characterization functions according to the rock density found in each individual mine where the Merger Miner unit will be used. After characterization parameters are set, Frencken America Inc. will act as the system control software trainer for purchasers and lessors of the Merger Miner at the Merger Mines facility.
“This agreement with Frencken America Inc. is another important step forward for the development of the Merger Miner. Frencken’s technological and manufacturing expertise will make it possible for us to get the Merger Miner project off the drawing board, into the production stage, and then out to the field for testing at the earliest feasible date,” said Lex Smith, Merger’s president.
About Merger Mines Corporation. (OTC:MERG)
Merger Mines Corporation was chartered in 1929. Merger Mines was then incorporated in Arizona in 1938, and registered as a qualified Foreign Corporation in Idaho that same year. The company is listed on the OTC market under the stock symbol “MERG”. The corporate office is located at 3714 W. Industrial Loop in Coeur d'Alene, Idaho.
Legal Notice and Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others: general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; risks of junior exploration and pre-production activities; maintenance of important business relationships. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the SEC. The Company assumes no obligation to update any of the information contained or referenced in this press release.
Source:Merger Mines Corp.