America West Resources, Inc.
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AMERICA WEST RESOURCES SUBSIDIARY, HIDDEN SPLENDOR RESOURCES, OFFICIALLY EXITS CHAPTER 11

SALT LAKE CITY, UT – (PR NEWSWIRE) – December 23, 2008 – America West Resources, Inc. (OTCBB:AWSR), a domestic coal producer with mining operations in Central Utah, today announced that its wholly owned subsidiary Hidden Splendor Resources, Inc. has successfully emerged from Chapter 11, effective December 22, 2008.

Dan Baker, Chief Executive Officer of America West Resources, said, “Hidden Splendor’s emergence from bankruptcy is the start of a new era for our Company. The reorganization allowed us to optimize our cost structure and take meaningful steps towards materially enhancing our mining processes. With plans to achieve even greater operational efficiencies and coal production growth through mine expansion initiatives, coupled with growing demand for our clean coal resources, the future of America West looks very promising.”

As previously announced, the Company has entered Coal Supply Contracts with a number of new customers over the past several months, collectively representing up to $40 million in potential revenues in 2009.

About America West Resources, Inc.
Headquartered in Salt Lake City, Utah, America West Resources, Inc. is an established domestic coal producer focused on the mining of compliant (low-sulfur) coal and its sale primarily to U.S. utility companies for use in generating electricity. Since 2003, the Company has extracted over 1.4 million tons of coal from its owned and operated Horizon Coal Mine based in Central Utah. For more information, please visit www.AmericaCoal.com.

Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Please refer to the Company’s Form 10-KSB and other filings with the United States Securities and Exchange Commission (the “SEC”) for additional information regarding risks and uncertainties, including, but not limited to, the risk factors listed from time to time in such SEC reports. Copies of these filings are available through the SEC’s electronic data gathering analysis and retrieval system (EDGAR) at www.sec.gov.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
ELITE FINANCIAL COMMUNICATIONS GROUP
Dodi B. Handy, President & CEO
For Media Inquiries: Tiffany Korkis or John Morrison, Managing Directors of Elite Media Group 407-585-1080 or via email at AWSR@efcg.net

In the News

October 15, 2009
America West Resources Receives $1 Million Spot Price Coal Contract from West Coast Co-Gen Power Plant

October 14, 2009
America West Resources Expands Sales & Marketing Team

September 24, 2009
America West Resources' CEO Issues Operational Update

September 8, 2009
America West Resources Takes Delivery of New Mining Equipment

See past news



America West Resources, Inc. Highlights
  • The market cap of the company is less than $30 million
  • Operations at the Horizon Mine has been contiguous since 2003
  • Proven coal reserves for many years in the future
  • Strong, seasoned management team with extensive background in coal
  • Multiple year contracts in place with large companies
  • Company is 18 percent institutionally owned
  • The Company has a low debt to value ratio