Monday, March 19, 2012 1:21:26 PM
"Eyecity.com moves all its focus into the mining sector. Its business strategy is to participate in junior mining companies that are in need of capital infusion, to expand on production and advance proven properties. Eyecity.com will take a minimum equity position of 50% in each company with the option to increase its position.
With several projects available, Eyecity.com has selected two proposals with unlimited opportunities for expansion and growth. Project Initiatives of Africa, Limited and Tropical II Ventures, Limited, two companies independent of one another, own rights to mining concessions abroad. Each project is a separate subsidiary company to be consolidated under Eyecity.com, Inc.
Projects Initiatives of Africa, Ltd. owns the rights to develop various Small Scale Mining concessions located in the Ashanti Region and Western Region of Ghana, Africa. ICTY will reserve four gold concessions, with the option to develop additional mining concessions.
Tropical II Ventures, Ltd. is interested in acquiring 100% of all rights, chattels, concessions, and mining permits of The San Jose de las Agujas mining concession. The concession is a gold-silver mining property located in Jalisco, Mexico.
At this time Eyecity.com is restructuring the company in order to restore value and ensure a promising future. With gold prices on the rise, the company decided this industry would be an impeccable match for ICTY."
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