I-Wellness Marketing Group Inc. (fka IWMG)

[langlui]

Nice uptrend it is. MONK's Recent Developments - Monarchy Resources Announces Private Placement Financing

PARRAL, MEXICO--(Marketwired - Jan. 30, 2014) - Monarchy Resources, Inc.

Monarchy Resources is pleased to announce a non-brokered private placement up to 6,000,000 shares of common stock of the Company at a price of $0.10 per share for gross proceeds of $600,000. The shares will be restricted shares and therefore subject to certain holding requirements pursuant to Rule 144 of the Securities Act of 1933. The Company will announce the total proceeds raised upon completion of the private placement.

The proceeds will be used to provide certain working capital required to enhance the Company's three mining interests in Mexico, as well as provide the capital to purchase and install two operating processing mills for the purpose of processing its stockpiled ore at its three mining locations.