Franklin Sells Oil and Gas Division

Franklin Mining has completed the sale of its oil and gas assets to Energy Management International, Inc.

CEO William Petty stated, "My Board and I determined last year and announced our decision in May 2009, that it would be in the long-range best interest of our shareholders to sell the company's US and Latin American energy assets in order to focus full-time on developing our Escala Mina I joint-venture and San Antonio de Turiri operating agreement."


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Brent Crude Oil : $53.92/BBL 2.79%
Light Crude Oil : $51.08/BBL 2.66%
Natural Gas : $3.3/MMBtu 3.22%
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