DATELINE: LAS VEGAS, Jan. 20, 2004
BODY:
USCorp (OTCBB:USCS), a junior gold and silver exploration and development
company, announced today that it has been granted permission to trade its shares
on the Third Market Segment of the Berlin Stock Exchange. The German trading
symbol is UCP.BE and the German securities code: (WKN) is
A0BLBB.
USCorp CEO, Robert Dultz commented, "We are very pleased to have been
approved for trading on the Berlin Stock Exchange. The Berlin Exchange should
facilitate potential German and European stockholders purchasing our shares and
should provide substantially improved liquidity in our common stock overall.
"Additionally, we are striving to enhance our corporate visibility in
Germany and expand our corporate presence to a broader financial community
throughout Europe. We believe this prestigious trading venue will assure that
our compelling story reaches a much larger European audience," said Mr. Dultz.
boundaries are four historic gold and silver mines that produced millions of
dollars of gold and silver between the 1880s and 1940s. I believe this gold
resource property is a sleeping giant now awakened by USCorp. "
Actual historic mining dates back to the Native Americans and the first
European explorers from Spain. Extensive studies of the property done in the
1980s have been confirmed by recent work performed at our direction over the
past three years. The conclusion is experts agree: Millions of ounces of gold
and silver remain on this property.
USCorp has contracted with International Energy and Resources, Inc. (IERI)
to conduct pre-production testing at IERI's nearby million dollar test facility.
As previously reported on August 6, 2003, IERI and Spooner and Associates
reported the results of drilling 3,000 feet of core borings and taking hundreds
of samples for assaying from locations surrounding the historic Hayes Mine
located within the boundaries of the Twin Peaks Mine. That full report is
available upon written request at the address below.
On October 29, 2003 USCorp reported it had signed a letter of intent to
acquire IERI pending completion of due diligence on the company and its gold
property also located in western Arizona.
USCorp is an American Company developing American resources, now trading
internationally. For more information please visit our web site
www.uscorpnv.net and view our filings with the SEC at www.sec.gov.
Contact: Larry Dietz, President, 702-933-4034
USCORP
c/o CSS Nevada
4535 W. Sahara Ave., Suite 204
Las Vegas, NV 89102
www.uscorpnv.net
Except for historical information contained herein, the matters discussed in
this press release contain forward-looking statements that involve risks and
uncertainties which are described in the company's SEC reports, including Form
10-KSB and the quarterly report on Form 10-QSB.
CONTACT: USCorp
Larry Dietz, 702-933-4034
www.uscorpnv.net