LOS ANGELES and HANOI, Vietnam, June 8, 2015 (GLOBE NEWSWIRE) -- Myson Group, Inc., (OTCMarkets:MYSN), today announced that FINRA (Financial Industry Regulatory Authority) has reviewed and approved the Company's corporate action application to change its name from "Vanguard Mining Corporation" to Myson Group, Inc. and its trading symbol from "VNMC" to "MYSN" effective Monday June 8, 2015. The new CUSIP and ISIN numbers for the Company's Common Stock are 628635 104 and US6286351043, respectively.
The Company is in the process of acquiring a majority interest in an operating, profitable Vietnam-based company and will be launching a business development program in the U.S. to capitalize on Company's combined operational strengths and network capabilities. Myson Group expects to generate in excess of $50 million in revenues and $10 million in profits for the first year of operations after the acquisition of the Vietnamese target.
The Company will complete the consolidated financial audits after the closing of the acquisition to become a fully reporting company with the U.S. Securities and Exchange Commission and prepare to upgrade its stock listing to the NASDAQ Stock Markets in the near future.
The Company will also update its corporate information on the new website www.mysongroup.com concurrently with the acquisition.
Son Duong, Chairman and CEO of Myson Group, Inc., commented, "We are delighted to start a new chapter for Myson Group and will continue to build on our operational strengths and network capabilities as we realign our portfolio holdings to maximize value for our shareholders and all other stakeholders."
About Myson Group, Inc.
Myson Group, Inc. (formerly Vanguard Mining Corporation), a Nevada corporation established in 1987, has been engaged in developing mineral properties in Southeast Asia. The company is currently in the process of acquiring a majority interest in an operating, profitable Vietnam-based company and will be launching a business development program in the US aiming to create significant value for our shareholders and investors in the near future.
Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.