United Mining Group, Inc.: Annual Shareholders' Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwire - 04/29/11) - United Mining Group, Inc. ("UMG" or the "Company"), (TSX:UMG - News)(Frankfurt:UM8 - News)(Pinksheets:UMGZF - News) announces that at the annual and special meeting of shareholders held on April 28th, 2011, the shareholders approved the following matters:1) The appointment of Price WaterhouseCoopers (PwC) Canada, as auditors of the Company for the ensuing year and authorizing the directors to fix the auditor's remuneration.2) To set the number of directors at six.3) The election of management's six nominees as set out in the Management Information Circular; as follows:Charles PitcherGreg StewartGraham ClarkLawrence DickWade BlackFred Brackebusch4) The Company's 2011 Stock Option Plan, pursuant to which the maximum number of common shares of the Company reserved for issuance under the 2011 Stock Option Plan shall be 10% of the issued and outstanding share capital at the time of granting.5) To change the name of the company to "United Silver Corp.".ABOUT UNITED MINING GROUP, INC.United Mining Group is a vertically integrated mining company with operations in Idaho, USA. The Company is currently earning, through development and operations, an 80% interest in the Crescent Silver Mine project in Idaho's prolific Silver Belt - directly between two of the world's historically largest silver producing properties, the Sunshine and Bunker Hill mines. The Company also offers a full suite of mining services including contract mining and mine machine repair and fabrication services to silver miners in the district. UMG is committed to building a senior silver-producing mining company based on aggressive exploration and development of the highly-prospective current land position at the Crescent Silver Mine project and through the acquisition of additional precious metals interests. The Company trades on the Toronto Stock Exchange under the symbol "UMG". For more information about the Company, please visit: www.unitedmininggroup.com.To receive corporate news updates send your email to stephanie@chfir.com and mention 'United Mining News' on the subject line.ON BEHALF OF UNITED MINING GROUP, INC.Charles Pitcher, Chief Executive OfficerFORWARD LOOKING STATEMENTS: This press release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: results of exploration activities and development of mineral properties, estimation of mineral reserves and resources, fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the inability to obtain financing, currency fluctuations, general market and industry conditions and other risks disclosed in the Company's filings with Canadian Securities Regulators.Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.