Cotton & Western Mining, Inc. (CWRN) Robert L. Cotton, President & C.E.O. of Cotton & Western Mining, Inc., announced that it has incorporated its joint venture with Quantum International of Houston, Texas, as “Cotton & Quantum Mineral Ventures, Inc.” a Nevada Corporation. Administration of the joint venture shall be conducted out of Quantum’s west Houston office, addressed as:

The joint venture corporation documents together with financial and foreign investment applications shall be submitted to the government of the Republic of the Philippines to legally register the joint venture company. Once these applications have been approved, CWRN shall transfer its rights to the selected iron mineral leases to Cotton & Quantum Mineral Ventures, Inc. and begin shipping the specialized mining equipment to the Philippines.

Under the terms and conditions of the joint venture agreement, CWRN shall be responsible for all mining operations, and selection of iron mineral leases to exploit, while Quantum shall be responsible for all funding and finished product contract sales.

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