PATERSON, N.J., June 25, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining Corp. (OTCBB:QMNM) (Frankfurt:QMNB), a Kentucky based operator of energy and mineral related properties, announced today that it is currently compliant with its reporting requirements under the Securities Exchange Act of 1934, as amended, and as a result, the OTC Bulletin Board indicated that Quest is "compliant with NASD Rule 6530 and will not have an 'E' appended to their symbol effective 6/25/2008 as previously announced." Quest is currently working with the OTC Bulletin Board to ensure that its stock continues to trade under the symbol QMNM.OB.
Furthermore, Quest has become aware of various rumors being circulated on the Internet that it has changed its name and has effected a reverse stock split. This information is not accurate. Quest is not changing its name and is not effecting a reverse stock split.
About Quest Minerals & Mining
Quest Minerals & Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals & Mining Corp., please visit our website at www.questmining.net.
Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Quest believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission.