Suburban Minerals in the Process of Selecting an Investment Bank
February 25 2014 - 7:15AM
Marketwired
Suburban Minerals in the Process of Selecting an Investment Bank
HENDERSON, NV--(Marketwired - Feb 25, 2014) - Suburban Minerals
Corp. (OTC Pink: SUBB) announced today that it is in the process of
selecting an investment bank to deal with the upcoming financial
requirements in the near term as well as the long-term.
According to the company, since the announcement of the letter
of intent, the company has been searching for an investment bank
that is familiar with diamond mining operations as well as emerging
markets. Several investment banks have been reviewed and one in
particular has been short listed. The company is now working
towards signing a corporate finance agreement with the investment
bank before the end of March.
"We are coming to the conclusion of the diamond concession
acquisition and it is important to have all the elements in place
and hit the ground running," said Tim Sperling, President & CEO
of Suburban Minerals Corp. "We have been given a great opportunity
to build a sustainable business and there are many elements to deal
with and hiring an experienced investment bank to deal with our
requirements is a key milestone for our company."
About Suburban Minerals
Corp. Suburban Minerals Corp is a publicly traded company
seeking to acquire and operate producing mines in challenging world
economies, to provide the highest return on investments and create
long term sustainable value to its shareholders.
Safe Harbor Statement: This press release contains statements,
which may constitute forward-looking statements within the meaning
of the Securities Act of 1933 and the Securities Exchange Act of
1934, as amended by the Private Securities Litigation Reform Act of
1995. Those statements include regarding the intent, belief or
current expectations of Suburban Minerals Corp., members of their
management, and assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties, and that actual results may differ
materially from those contemplated by such forward-looking
statements.
Contact: Tim Sperling President & CEO
www.suburban-minerals.com Email: suburbanminerals@gmail.com
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