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U.S. Precious Metals, Inc. Announces Engagement of RedChip Companies to Lead Public and Investor Relations

Tue. March 24, 2009; Posted: 09:10 AM
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SANFORD, FL, Mar 24, 2009 (MARKET WIRE via COMTEX) -- USPR | Quote | Chart | News | PowerRating -- U.S. Precious Metals, Inc. (OTCBB: USPR | Quote | Chart | News | PowerRating) ("USPR") announced today that it has hired RedChip Companies Inc. ("RedChip") to lead its public and investor relations programs.

"We selected RedChip for their comprehensive platform of media and investor relations services which were developed specifically for emerging growth companies," said M. Jack Kugler, chief executive officer of USPR. "They have a proven track record in increasing visibility for emerging growth companies. We look forward to working with RedChip's team as they work to build and strengthen relationships with our investors," he added.

"We are very pleased with the opportunity to represent USPR," said Dave Gentry, president of RedChip. "They have a focused and experienced management team overseeing their drilling campaigns in Mexico. We look forward to leveraging a comprehensive investor relations program."

About U.S. Precious Metals, Inc.

USPR is a mineral exploration company headquartered in Sanford, Florida, and operating in Mexico through its Mexican subsidiary, U.S. Precious Metals de Mexico, S.A. de C.V. USPR owns significant exploration rights to approximately 37,000 acres of land in Michoacan, Mexico. USPR's common stock is quoted on the OTC Bulletin Board under the symbol "USPR."

Statements contained herein that are not based upon current or historical fact are forward-looking statements. Such forward-looking statements relate to future events and future operating results, performance, prospects and opportunities. The use of terms such as "anticipate," "believe," "estimate," "plan," "intend" and "expect" and similar expressions, as they relate to USPR, or its management, identify forward-looking statements. These forward-looking statements are based on information currently available to USPR and USPR's current plans, intentions and expectations. Forward-looking statements are subject to a number of risks, uncertainties and other factors that could cause USPR's actual results, performance, prospects and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, such factors, including risk factors, discussed in USPR's Annual Report on Form 10-K/A for the fiscal year ended May 31, 3008, filed with the U.S. Securities and Exchange Commission on February 23, 2009. Except as required by the Federal securities law, USPR does not undertake any obligation to revise or update any forward-looking statements contained herein after the date hereof.

Contacts:

At the Company:
U.S. Precious Metals, Inc.
M. Jack Kugler, Chairman of the Board/CEO
(407) 566-9310
http://www.usprgold.com

At Redchip:
RedChip Companies, Inc.
Brad Kline, Investor Relations
1-800-733-2447, Ext. 113
Email Contact


SOURCE: U.S. Precious Metals, Inc.

http://www.usprgold.com
http://www2.marketwire.com/mw/emailprcntct?id=8FB241982384D7DB
For full details for USPR click here.

    


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