Oct 22 2010
WorldVest, Inc. (OTCBB: WOVT), an iron ore investment and mining company, announces that, as of October 15, 2010, it has officially amended its corporate name with the State of Florida to Iron Mining Group, Inc. (“Iron Mining Group” or the “Company”).
The Company will subsequently apply to FINRA for a new trading symbol to reflect this change. During the transition, Iron Mining Group will continue to trade its common stock on the Over-the-Counter Bulletin Board under the trading symbol WOVT.OB. Accordingly, for each share of WorldVest, Inc. owned, Company shareholders will automatically receive one share of Iron Mining Group, Inc.
Management effected this name change to best reflect the Company’s singular business focus of acquiring and developing iron ore properties on a global basis to meet the growing demand of its established Chinese buying clientele. In the coming months, Iron Mining Group expects to bring its existing portfolio of Chilean iron ore deposits into production, while evaluating additional iron ore mining opportunities and the construction of complementary Chilean export logistics infrastructure with the Company’s Chinese partners.
Source: http://www.IronMiningGroup.com/