LONDON, Jan. 7, 2013 (GLOBE NEWSWIRE) -- In a release issued earlier today by Americas Diamond Corp. (OTCBB:ADMC), please note that there have been numerous changes throughout the release. The corrected release follows:
Impact Explorations Inc., a U.S. publicly traded exploration and mining company, today announced that its company name had changed to Americas Diamond Corp. ("Americas Diamond" or "the Company") to better reflect the company's new business direction, namely diamond exploration, mining and production. The company ticker symbol has also changed from (OTCBB:IXPL) to (OTCBB:ADMC). The Company also obtained FINRA approval for a five-for-one forward stock split of its common stock.
As of December 31, 2012, the Company had 30 million shares issued and outstanding. In due course, the company plans to make further announcements of a property acquisition and it's extended management team, along with a new revised corporate website, containing pertinent information that the Company believes will be of interest to the investment community.
ABOUT AMERICAS DIAMOND: Americas Diamond Corp. (OTCBB:ADMC), is a publicly traded diamond and precious metals exploration company focused on effectively and efficiently acquiring, exploring and developing high impact natural resource properties.
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Americas Diamond Corp. bases these forward-looking statements on current expectations and projections about future events, based on information currently available. The forward-looking statements contained in this press release may also include statements relating to Americas Diamond Corp.'s anticipated financial performance, business prospects, new developments, strategies and similar matters. Americas Diamond. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
ON BEHALF OF THE BOARD OF DIRECTORS,
Americas Diamond Corp.
Daniel Martinez
Chief Executive Officer