Micron Enviro Systems, Inc headed our way!!GREAT NECK, NEW YORK, Apr 06, 2009 (MARKET WIRE via COMTEX) -- Micron EnviroSystems, Inc. (OTCBB: )(GERMANY: NDDA) ("Micron" or the "Company") wishes toupdate shareholders on the Company's ongoing activities. Recently, MENV receivedfinal approval on six more coal permits comprising of an additional 9,805 acreslocated in Saskatchewan, Canada. These permits are located in close proximity toa recent major new coal discovery made by Goldsource Mines Inc. Goldsource'sstock price rose from $0.30 to over $19 per share in 2008 on the initialdiscovery of coal only a few miles away from Micron's permitted property. Micronwas one of the first companies to acquire land in this exciting new coal areaand the Company now has approximately 44,433 acres of prospective coal land todevelop. Micron has a 100% interest in this acreage. Once a response is receivedon all permits that have been applied for, the Company will formulate a workprogram going forward in order to ultimately develop this coal prospect. MENV'smanagement is actively looking to increase the acreage in this new exciting coalregion and anticipates being able to move forward with this shortly.
At this time MENV is still actively involved in the massive Oil Sands ofAlberta. Since the price of oil dropped drastically, the focus of the Companyhas shifted to assets that may not be as capital intensive to bring toproduction. That being said, if the prices of oil increase then the Oil Sandsleases may be more viable for development, joint venture or possibly an outrightsale. At this time management is actively sourcing new prospects within the OilSands as more quality prospects are becoming available due to oil price havingdropped.
Bradley Rudman, president of Micron stated, "Management would like shareholdersto know that we are actively attempting to build the assets of the Company.Management feels that the coal prospects are ones that currently have the mostpotential to build growth for MENV. At this time there are numerous othercompanies that are drilling within a close vicinity of MENV's coal property,therefore any additional positive news from these drill programs could enhancethe value of the companies within this area. This will also provide MENV withvaluable free knowledge of drilling results that will allow MENV to potentiallydrill more efficiently based on the new information gathered. Management isoptimistic that additional prospects will be added in the short term andbelieves that the overall market sentiment has turned from fear to optimismwhich bodes well for most junior companies. We are excited about the remainderof 2009 and are extremely motivated to build shareholder value."
Micron is an emerging oil and gas company that now has exposure to multipleleases in the Oil Sands of Alberta, Canada, which is one of the largest oilproducing regions in the world. Micron also has approved coal leases at thistime covering approximately 44,433 acres in Saskatchewan, Canada. Management'sgoal is to build the asset base of the Company through strategic alliances andindependent acquisitions that will build long-term shareholder value. Managementcontinues to look for additional projects that would contribute to buildingMicron's market capitalization, including additional Oil Sands projects. Pleasevisit Micron's website for detailed maps of the locations of Micron's prospectsat www.micronenviro.com.