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Monday, March 07, 2016 10:08:25 AM
CARSON CITY, Nevada March, 7th 2016 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG)(“Mexus”
or the “Company”) announced that the company just completed meetings in Mexico with multiple
companies concerning agreements on all of their properties. CEO Paul Thompson was encouraged by
these meetings and added, “The meetings which recently occurred were extremely promising. Mexus
has numerous options going forward and will make the deal that is best for the company and its
shareholders. I hope to have an agreement in place in the very near future.” There are four
companies currently reviewing the Julio/Santa Elena and Scorpio properties.
In addition, the company announced that it recently settled a majority of its debt obligations. Added
Mr. Thompson, “In addition to clearing our debt, we recently began liquidating assets that will not be
needed moving forward. After the sale of these assets is complete the company will have sufficient
capital to operate as we move forward with potential partners.”
Dino
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