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Tuesday, October 07, 2014 9:55:40 AM
Gold and Diamonds! BMIX $.0451
Brazil Minerals, Inc. (OTCQB: BMIX), (the "Company" or "BMIX"), a U.S. holding company with revenues from sales of polished and rough diamonds as well as gold bars, all from its own production, announced today that it had purchased and formally received title to the remainder of Mineração Duas Barras Ltda. ("MDB") that it did not own before. MDB is the first operational, revenue-generating business owned fully by BMIX. Aside from regular payables for operations, there is no debt in MDB.
Brazil Minerals, Inc. (OTCQB: BMIX), (the "Company" or "BMIX"), a U.S. holding company with revenues from sales of polished and rough diamonds as well as gold bars, all from its own production, announced today that it had purchased and formally received title to the remainder of Mineração Duas Barras Ltda. ("MDB") that it did not own before. MDB is the first operational, revenue-generating business owned fully by BMIX. Aside from regular payables for operations, there is no debt in MDB.
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