Company Aims to Crystallize Earnings From ‘Ready Mined’ Natural Resources
Britannia Mining, Inc. (BMIN or the Company), the successor of a merger between UK based mining development company Britannia Mining Plc and U.S. based Micron Enviro Systems (Former Symbol: MSVS), announced today that the Company anticipates its supply chain for natural resources to ramp up over the next sixty days; potentially delivering significant cash flows and increasing Britannia’s reach in the commodity development and distribution space.
“Our experience and expertise affords us the ability to position Britannia as a supplier of natural resources,” stated Nicola Newmarch, COO of Britannia Mining. “As lengthier endeavors like our Malawi and Yukon explorations continue, immediate revenues can be generated through the development and distribution of various ‘ready mined’ products such as amassed iron ore stock piles.”
With investment dollars proposed by REM Capital, management has currently moved into advanced stage negotiations, to secure bulk commodities in metals and agriculture, spanning from Africa to Asia. Anticipated revenues on the immediate projects are likely to exceed mid seven figures and will allow the Company to better manage its major exploration project in Malawi [iron ore] and its secondary gold project in the Yukon.
Ms. Newmarch concluded, “In order to ensure that both exploration projects are successfully managed, and substantial value and confidence is delivered to investors, ramping up immediate revenues by developing and distributing an inventory of ready mined natural resource products is key. Within the next sixty days, we anticipate finalizing two significant transactions that upon completion will positively impact our balance sheet.”
- 27 Feb, 2014
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