Wednesday, September 23, 2009

Recent Big News Out of NYMH!!!

NYMH has had three big press releases out since last Friday! NYMH is seeing a great deal of attention and could be a really nice opportunity at its current price of $0.15. NYMH is near the bottom of its consolidation range between $0.14 and $0.25!

Today - Tuesday, September 22nd - NYMET Holdings Inc. (NYMH) Announces Sales of Non-Ferrous Metals to Commence From the Reed Saw Mill Project

Scrap steel is now being sold from the Reed Saw Mill Project, located in California. NYMH has also received their first purchase order for non-ferrous metals.

Monday, September 21st - NYMET Holdings Inc. (NYMH) Announces Engagement of Crowell & Moring LLP as Corporate Counsel

Crowell & Moring LLP's corporate and securities practice is transaction-oriented, focusing on mergers and acquisitions, corporate finance, securities offerings, joint ventures, intellectual property arrangements and complex agreements of all kinds.

NYMET President, Mark D. Klok, commented, "This engagement is indicative of our commitment to expanding and enhancing the necessary support team around our rapidly growing Company."

Friday, September 18th - NYMET Holdings Inc. (NYMH) Announces the Commencement of Steel Shipments From Puerto Rico to Hong Kong

NYMH announced the successful completion of negotiations with suppliers based in Puerto Rico for shipments to the Pacific Rim.

As per the Purchase Contract with Hong Kong based scrap steel dealer, Coppola Asia Limited, NYMET has begun loading and shipping HMS 1 & 2 heavy melting scrap steel material.

NYMH President, Mark Daniel Klok, stated: "The completion of the first 1,000 metric tons of scrap metal is expected to be before the end of the month. Additionally, NYMET's suppliers have acknowledged that the remaining shipments are underway and are expected to be completed without delays." Mr. Klok went on to state that two additional Purchase Contracts are to be expected by and between NYMET and steel mill plants located in both Korea and Vietnam. Shipments on these contracts aim to be ready in the early fall.

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