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Beautiful update, sounds like major mid term move starting imho
Reign shareholder update - 03/23/2020
To our shareholders:
Reign Sapphire Corporation (Reign) has started 2020 with a significant move into the Australian gold industry. The acquisition of 75% interest inWerribee Downs Gold Project marks the first addition to our portfolio of what we believe is high quality prospective gold tenements in Victoria.
The region where we have commenced exploration planning is ranked #1 in the Fraser Institute's Annual Survey for mining attractiveness, and has a documented history of some of the highest gold yield in the world. The 250km 2 project is situated in the Mount Rothwell area in Victoria, Australia, to the East of the Steiglitz Golfields. Mount Rothwell is 20 km west of Werribee in the Bendigo-Ballarat Gold Province.
We would like to notify shareholders that we have commenced modeling for the exploration project and will be updating shareholders as to further developments.
Its all about share holder value
In the interest of providing maximum shareholder value and harnessing opportunity during these turbulent market times, management is very pleased to update shareholders of our intention to eliminate a significant portion of debt. The company has already reduced debt by more than 30% which will be reflected in the upcoming 10-k. This is only the beginning and we intend to update shareholders on further major debt reductions as they are finalized.
Reign has extensive experience in exploration and mining as well as network of Australian based geologists which will help position us well in the Australian gold sector. Our mission and ultimate goal is to use these resources to provide our shareholders with measured growth in the face of an unstable market.The company is currently assessing other gold projects, and management is in discussions to sign further agreements for additional prospective tenements in the region.
As the CEO of Reign, I am very excited with our plans for 2020 and look forward to updating our shareholders with developments shortly.
Joseph Segelman
CEO & Managing Director
Reign Sapphire Corporation
23 March 2020
https://www.otcmarkets.com/stock/RGNP/news/Reign-shareholder-update?id=256979
$RGNP
To our shareholders:
Reign Sapphire Corporation (Reign) has started 2020 with a significant move into the Australian gold industry. The acquisition of 75% interest inWerribee Downs Gold Project marks the first addition to our portfolio of what we believe is high quality prospective gold tenements in Victoria.
The region where we have commenced exploration planning is ranked #1 in the Fraser Institute's Annual Survey for mining attractiveness, and has a documented history of some of the highest gold yield in the world. The 250km 2 project is situated in the Mount Rothwell area in Victoria, Australia, to the East of the Steiglitz Golfields. Mount Rothwell is 20 km west of Werribee in the Bendigo-Ballarat Gold Province.
We would like to notify shareholders that we have commenced modeling for the exploration project and will be updating shareholders as to further developments.
Its all about share holder value
In the interest of providing maximum shareholder value and harnessing opportunity during these turbulent market times, management is very pleased to update shareholders of our intention to eliminate a significant portion of debt. The company has already reduced debt by more than 30% which will be reflected in the upcoming 10-k. This is only the beginning and we intend to update shareholders on further major debt reductions as they are finalized.
Reign has extensive experience in exploration and mining as well as network of Australian based geologists which will help position us well in the Australian gold sector. Our mission and ultimate goal is to use these resources to provide our shareholders with measured growth in the face of an unstable market.The company is currently assessing other gold projects, and management is in discussions to sign further agreements for additional prospective tenements in the region.
As the CEO of Reign, I am very excited with our plans for 2020 and look forward to updating our shareholders with developments shortly.
Joseph Segelman
CEO & Managing Director
Reign Sapphire Corporation
23 March 2020
Big money hoping for big fills in the 3s though if you were studying L2 at all today. They'll have to opt for higher entry imo
I see this is still a dumpster fire. Market is fickle.
$73,300,300?
I multiplied by the price of gold 50000x1466
What does this work out to?
"The Stieglitz Goldfield to the West of the exploration license is showing zones of historical production of up to 50,000 ounces of gold at a grade of approximately 20 grams of gold per tonne."
It sounds like this might be gold! Lol
"Reign’s new gold project is situated 20 km west of Werribee in the Bendigo-Ballarat Gold Province. This region is home to some of the largest and most lucrative goldfields in the world."
Good question. I’ve got my shares.
If this pans out Ill be thrilled: https://twitter.com/reignsapphireco/status/1240714063891460097?s=21
“In response to the many inquiries we have received concerning our recent gold agreement, we have already commenced exploration modeling and arrangements and intend to update shareholders on our progress as news becomes available”
Great news for shareholders.
$rgnp We would like to provide assurance to our shareholders during this unstable market period that our fundamental focus and goal at this time is providing the most reliable shareholder value possible. Reign intends to leverage it’s extensive experience and network in exploration and mining to expand our place in the gold sector.
https://twitter.com/ReignSapphireCo
They started! New tweets!
$rgnp In response to the many inquiries we have received concerning our recent gold agreement, we have already commenced exploration modeling and arrangements and intend to update shareholders on our progress as news becomes available.
$rgnp Reign’s new gold project is situated 20 km west of Werribee in the Bendigo-Ballarat Gold Province. This region is home to some of the largest and most lucrative goldfields in the world.
https://twitter.com/ReignSapphireCo/status/1240713428995457024
Reign’s new gold project is situated 20 km west of Werribee in the Bendigo-Ballarat Gold Province. This region is home to some of the largest and most lucrative goldfields in the world.
https://twitter.com/ReignSapphireCo
CNN as well. They clearly know what they are doing.
How many other OTC stocks have ever graced the pages of Vogue? Ever. Were at 52 week lows, with a gold mine just purchased, and CEO just tweeted that more expansion into the gold mine industry is on the way.
OOPs! 3 years ago they were.
$RGNP full article in Womans Wear Daily: https://wwd.com/accessories-news/jewelry/reign-sapphires-proposes-bridal-collection-to-millennials-10781690/
8k out today. Looking forward to hearing more details moving forward with this acquisition $RGNP
8K - https://ih.advfn.com/stock-market/USOTC/reign-sappphire-pk-RGNP/stock-news/82004914/current-report-filing-8-k
Item 1.01. Entry into a Material Definitive Agreement
News out. Booms. And nobody cared.
I hope I am not too late to the party here. RGNP
News Out! Reign Signs Farm-In and Joint Venture Agreement for Werribee Downs Gold Project in Victoria, Australia
LOS ANGELES, CA, March 12, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reign Sapphire Corporation (OTCPK: RGNP) (“Reign”) is delighted to announce that the company has signed a farm-in and joint venture agreement to acquire 75% of the Werribee Downs Gold Project EL006892 in Victoria, Australia.
The 250km2 project is situated in the Mount Rothwell area in Victoria, Australia, to the East of the Steiglitz Golfields. Mount Rothwell is 20 km west of Werribee in the Bendigo-Ballarat Gold Province.
https://www.otcmarkets.com/stock/RGNP/news/story?e&id=1552429
$RGNP Reign has completed the acquisition of 75% of the exploration license of Quad Equities covering ~255 Sq km.
Lol, yes there is:) Traders are just flaky.
Where's the volume here. I've been watching.
I would take that lol
Yep lookin forward to it
New tweets! @ReignSapphireCo
·
per our filings we intend to increase our AS but do not intend to take any additional funding in a manner that is different to what we have done in the past.
https://twitter.com/ReignSapphireCo/status/1237453721585340417
ReignSapphireCorp
@ReignSapphireCo
The reason for the increase in AS is to be able to have sufficient AS for any possible transaction and possible acquisition in the future.
DEF 14C posted today: https://www.otcmarkets.com/filing/html?id=13994378&guid=RMqCUWGktwmLN3h
By this Friday update? Nice
RGNP $$$
@ReignSapphireCo - "In response to questions from shareholders as to when we intend to provide an update on the acquisition? We intend to provide an update by 03/13."
https://twitter.com/ReignSapphireCo/status/1237102706411495424
9 mill around now.
Don't know but they have been updating twitter.
Nice!
Baby steps.
Did you also see the price of gold? That's going to eventually influence this stock majorly.
??? I don’t think your gonna catch any that low
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