Saturday, February 26, 2022 3:33:31 PM
WEIRTON, WV / ACCESSWIRE / February 25, 2022 / Osceola Gold a precious metal mining company that focuses on the development and exploration of gold and other precious metal mining projects has entered a Letter of Intent for funding with Sajeinidus Agromine S.A. on behalf of 40 Brightwater LLC.
The initial funding of $5 million will be distributed within the next 7 - 10 business days. It's anticipated that the balance will be made available within the next 30 additional business days. Sajeinidus Agromine S.A. is currently finalizing all terms with its Banking Institution on the balance. This funding will provide the resources and capabilities to maximize mining operations to enable the achievement of 2022 production goals. The expected mining operational start is the week of April 4th, 2022.
Additionally, management is pleased to announce the finalizing of most details with WST Global, to arrive on site for pre-production early April 2022. WST Global management has indicated that it's an advantageous time to start filming this goldmine series. In the plans for 2+ years, like many other issues, had to emerge from the challenging landscape left by the pandemic.
Shareholders will be updated upon development in the coming weeks.
Yeah, this one is a BIG one folks. Watch closely.
Shark
FEATURED Integrated Ventures Files Q3/2024 With Mining Revenues Of $1,983,250 And Positive Earnings Of $0.05 Cents Per Share • May 15, 2024 10:30 AM
Swifty Global Announces Impressive Financial Results for Q1 2024 • DRCR • May 15, 2024 10:25 AM
Branded Legacy Inc. Invites Shareholders to Celebrate Milestones at Open House: Announces Share Buyback and Commitment to Authorized Share Count • BLEG • May 15, 2024 8:30 AM
Alliance Creative Group (ACGX) Releases Q1 2024 Financial and Disclosure Report with an 88% increase in Net Income from Q1 2023 to Q1 2024 • ACGX • May 15, 2024 8:30 AM
Category V Biotech, Inc. Announces Letter of Intent to Acquire Genetic Networks, Expanding into Biotechnology Sector • CATV • May 15, 2024 8:00 AM
POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • POET • May 14, 2024 10:09 AM