Sidney Resources Corp (SDRC)

[Captain Black Bob Blanco]

When can we expect an announcement that the leases has been secured. Or where can I find it? I went back and looked on OTC site and the latest filing from May showing 1st Qtr 2016 disclosures still lists this problem. If I am interpreting this wrongly, please let me know.

"This past year has been a good year for progress at the Lucky Ben Mine Property site. We have made significant progress in the planning and development phase of the project and we were putting ourselves in a position for an exciting 2016 season but we have not been able to negotiate terms of our lease that make it economically feasible to continue the development work on the Lucky Ben Property. The current lease structure requires funding to go to our Lessor instead of being put into the development of the property. We have made every effort to resolve this issue and will continue to do so over the next few weeks but because of the situation we have worked with our experts and have identified alternative properties for development. We are in the process of securing these properties and look forward to announcing full details once negotiations are complete."