Goldsource Expands Its Criteria to Include Platinum Among Possible Acquisition Targets

HUNTINGTON BEACH, CA--(Marketwire - 10/19/09) - Goldsource, Inc., a wholly owned subsidiary of FIMA, Inc. (Pinksheets:FIMA - News), an emerging land development company with interests in the market for refined precious metals, announced today that the Company has expanded its search for acquisitions of precious metals to include platinum. Growing demand for platinum, used in fuel-cells and catalytic converters to remove pollutants from engine exhaust gases as well as in jewelry, has prompted many industry observers to predict that prices will remain high and possibly even move into record territory. Consequently, Goldsource has begun to explore its options with an eye to future procurement of the precious metal. According to a Company spokesperson, "The market balance for platinum has been at a deficit since 2007, and is almost certain to finish 2009 at a deficit as well. All indications are that demand will continue to grow and market conditions will remain tight. Many others have already begun to take steps to secure reserves of platinum. For example, Japan Oil, Gas and Metals National Corp. only recently announced plans to explore for platinum in Botswana in response to growing demand. We do not intend to ignore these market signals, and have adjusted our strategy accordingly."About FIMA, Inc.:FIMA is engaged in a diverse range of ...
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FIMA Shifts Focus and Refines Direction

HUNTINGTON BEACH, CA--(Marketwire - 05/18/09) - FIMA, Inc. (Pinksheets:FIMA - News), an emerging diversified land development company, announced today that it has shifted its focus to include more aggressive real estate development activities in the U.S. as well as abroad in order to take advantage of emerging opportunities in this swiftly changing market. The Company will continue to develop properties abroad, targeting many of the rapidly developing regions of Latin America. In addition, FIMA has refined its strategy to enhance efficiency, including separating from Island Wide Development Corp. and dissolving its Standard Minerals subsidiary. According to FIMA President Roy Sahachaisere, "Success in any industry is contingent upon the ability to stay ahead of market trends and to adjust to changing conditions. We are constantly evaluating our position and strategy in order to stay competitive in the marketplace. As a result of recent assessments regarding the current state and future projections of the real estate markets in the U.S. and abroad, we have chosen to focus our energies on what we believe are exceptional opportunities that, if properly exploited, have the potential to produce tremendous return on investment for our Company. Consequently, we have chosen to pursue more aggressively development targets in the U.S., and in order to facilitate this strategy, we will be dissolving our Standard Minerals subsidiary and severing our relationship with Island Wide Development. We are very confident that this will greatly enhan...
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FIMA Subsidiary Signs Contract to Build 36 New Homes in Puebla, Mexico

HUNTINGTON BEACH, CA--(MARKET WIRE)--Feb 4, 2009 -- Garcia y Garcia, a subsidiary of FIMA, Inc. (Other OTC:FIMA.PK - News), an emerging diversified land development company, announced today that the Company has signed an agreement to build 36 homes in the state of Puebla, Mexico in participation with "Tu Casa," a federal program to provide affordable housing in Mexico through the support of the federal government. The agreement was entered into with Sedeso Puebla ("Secretaria de Desarollo Social del Estado de Puebla"), the office of social development for the State of Puebla, and calls for the construction of 36 homes in total, 25 in Tepexi de Rodriguez and 11 in Tepanco de López in the state of Puebla. According to Israel Garcia, managing partner of Garcia y Garcia, "This is exciting news for us and we are extremely confident that this project represents just the first of many with the State of Puebla. Last year, we committed to the process of becoming registered with the state to become an official provider of services, granting us the right to bid on projects like this, and we are now seeing the positive results of that commitment. In addition, we are very pleased to be able to take part in the 'Tu Casa' program and help provide affordable housing in our country. We are based in Puebla, so it is particularly gratifying to be able to participate in a project that allows us to improve our community, and we look forward to more opportunities like this in the future."About FIMA, Inc.:FIMA is engaged in a diverse rang...
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FIMA Completes Project in Veracruz and Begins Marketing Homes for Sale

HUNTINGTON BEACH, CA--(MARKET WIRE)--Jan 8, 2009 -- FIMA, Inc. (Other OTC:FIMA.PK - News), an emerging diversified land development company, announced today that its construction and design subsidiary Garcia y Garcia Concreto y Diseño Arquitectónico has completed the final phases of construction at its residential development in the prestigious Las Palmas neighborhood of Veracruz, Mexico. The finishes have all been completely installed, and final walkthrough took place earlier this week. The initial stages of marketing the properties for sale have already begun, and the Company will expand those efforts now that the properties are completely move-in ready. According to Roy Sahachaisere, Chairman and CEO of FIMA, "We are understandably very pleased to have completed this recent project in the important market of Veracruz. We are proud of the quality of the construction and attention to detail that we have devoted to the project, and we are confident that this is readily apparent in the buildings themselves. We are also actively engaged in negotiations for several other projects, and expect to be able to release details on these as soon as early next week."About FIMA, Inc.:FIMA is engaged in a diverse range of land development and utilization activities, such as the acquisition of raw land and the design and construction...
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