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Puissant Industries, Inc. Is Assigned PSST As Its Ticker Symbol

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Puissant Industries, Inc. Is Assigned PSST As Its Ticker Symbol Powered By Docstoc
					Puissant Industries, Inc. is assigned PSST as its ticker symbol

Puissant Industries Inc. Receives Ticker Symbol is PSST
Edmonton Kentucky, December 2, 2011 (GLOBE NEWSWIRE) – Puissant Industries has
been assigned the ticker symbol “PSST” for its common stock which will be quoted on the
OTC Markets inter-dealer quotation system.

Puissant is engaged in the development and production of Devonian Shale gas from the
Wells, which are located in Laurel, Clay and Whitney Counties in Kentucky. Puissant holds a
100% working interest and 85% Net Revenue interest in 1060 total acres, 395 Acres
Developed and 665 undeveloped acres in Clay and Laurel Counties and 1505 Total acres
leased, 338 Acres Developed and 1167 undeveloped in Whitley County, Kentucky.

Puissant holds oil and gas interests to the Raccoon Mountain Field in Clay and Laurel
Counties, Kentucky. Within the Raccoon Mountain Field, Puissant owns 100% working
interests and 85 % net revenue interest to 21 wells and 17.79 miles of natural gas pipeline
including one compressor station and sales tap.

Puissant holds oil and gas interests to Wofford, Woodbine and Rockholds Fields located in
Whitley County. Within the Wofford Field, Puissant holds 100% working interests and 85 %
net revenue interest to 11 wells with approximately 7.39 miles of natural gas pipeline and
one compressor station with sales tap. Within the Woodbine Field, Puissant holds 100%
working interests and 85 % net revenue interest to 4 wells and approximately 4.36 miles of
natural gas pipeline, one compressor station and sales tap. Within the Rockholds Field,
Puissant own 3 wells and approximately 1.33 miles of natural gas pipeline, one compressor
station with sales tap.

This press release contains forward-looking statements. The words or phrases ‘may,’
‘intends,’ ‘expects,’ ‘estimate,’ ‘indicate,’ ‘plans,’ ‘anticipates,’ ‘could,’ ‘if,’ ‘will,’ ‘should’ or
similar expressions are intended to identify ‘forward-looking statements.’ Actual results
could differ materially from those projected in forward-looking statements as a result of a
number of risks and uncertainties. Statements made herein are as of the date of this press
release and should not be relied upon as of any subsequent date. The Company cautions
readers not to place undue reliance on such statements. Unless otherwise required by
applicable law, the Company does not undertake, and the Company specifically disclaims
any obligation to update any forward- looking statements to reflect occurrences,
developments, unanticipated events or circumstances after the date of such statement.

For additional information or to further discuss these matters, investors should contact:
Brenda Lee Hamilton, Attorney
Hamilton & Associates
1-561-416-8956
BHamilton@SecuritiesLawyer101.com

				
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