Mining Global Enters Into Profit Sharing Agreement with First Nevada Mining Corp. to Operate Keystone Mine
March 16 2015 - 7:00AM
InvestorsHub NewsWire
Mining Global Enters Into Profit
Sharing Agreement with First Nevada Mining Corp. to Operate
Keystone Mine
WICKENBURG, AZ -- March 16, 2015 -- InvestorsHub NewsWire
-- Mining Global, Inc. (OTC Pink:
MNGG) announced today that it has entered into a formal profit
sharing agreement with First Nevada Mining Corp. and Keystone Mine,
LLC., to restart ore processing at the Keystone Mine.
“Our role will be to manage all of the logistics related to the
mine, including trucking the ore to the off-site processing
facility, managing concentrating, leaching, and smelting, and
selling the resulting gold bars on the secondary market,” said Joel
J. Natario, Chief Executive Officer of Mining Global, Inc. “In
exchange for contributing our expertise to this arrangement, we
will be well compensated with 20% of the take.”
An executed copy of the profit sharing agreement with First
Nevada Mining Corp., and Keystone Mine, LLC. can be found online at
the Company’s website and disclosure portal.
Disclosures can be found on the Company’s online disclosure
portal at: http://www.otcmarkets.com/stock/MNGG/filings
About Mining Global Inc.
Mining Global’s objective is to build and operate world-class
mines and develop a robust portfolio of assets in North America
with the focus on organic growth and early stage acquisitions. The
exceptional experience and strength of Mining Global’s management
team, combined with the excellent infrastructure and robust
economics of the Arizona mining industry, sets Mining Global to
become a leading Gold development and mining company.
Forward-looking statements:
Statements in this press release relating to plans, strategies,
economic performance and trends, projections of results of specific
activities or investments, and other statements that are not
descriptions of historical facts may be forward-looking statements.
Forward-looking information is inherently subject to risks and
uncertainties, and actual results could differ materially from
those currently anticipated due to a number of factors, which
include but are not limited to, risk factors inherent in doing
business. Forward-looking statements may be identified by terms
such as "may," "will," "should," "could," "expects," "plans,"
"intends," "anticipates," "believes," "estimates," "predicts,"
"forecasts," "potential," or "continue," or similar terms or the
negative of these terms. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we
cannot guarantee future results, levels of activity, performance or
achievements. The company has no obligation to update these
forward-looking statements.
Investor Relations
Mining Global, Inc.
660 Via Corte, Suite B
Wickenburg, AZ 85390
Website: http://miningglobalinc.com/
Phone: 928-232-0478
Email: info@miningglobalinc.com
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