[b]$REVI[/b] Resource Ventures, Inc. Signs Letter of Intent for Joint Ventures With Next Space Solutions LLC of California
SILVERADO, CA, [b][color=blue]Mar 27, 2013[/color][/b] (MARKETWIRE via COMTEX) -- Resource Ventures, Inc. (PINKSHEETS: REVI) President Bob Thompson announces that Global Energy Management Ltd., a wholly owned subsidiary of Resource Ventures Inc. ("REVI"), has signed a Letter of Intent ("LOI") anticipating a series of Joint Ventures with Next Space Solutions LLC of California.
The Joint Ventures referenced in the LOI include multiple renewable power production assets in California totaling 50 MW. The first proposed Joint Venture is the acquisition and development of a photovoltaic project with an estimated value of $2 million.
A binding commitment with respect to the joint ventures is dependent upon satisfactory completion of due diligence.
Commented President Bob Thompson, "REVI's Strategic Vision includes the acquisition, development and operation of oil and gas and renewable energy projects around the globe, including projects like those with Next Space Solutions in the United States of America, the largest energy producer and consumer in the world."
About Resource Ventures, Inc. (PINKSHEETS: REVI) Resource Ventures Inc. ("REVI") is an emerging independent global Electrical Power Production and Petroleum Exploration Company that is focused on the acquisition and development of a diversified portfolio of complementary power generation and energy production projects.
REVI's strategic vision anticipates the utilization of both modern and traditional power generation technologies in combination with diverse energy sources, including oil and natural gas as well as renewable energy sources such as biomass, bio-diesel, wind power and photovoltaic systems.
For additional information: Telephone: 888.497.REVI (888.487.7384)
Email: info@resven.com Web Site: http://www.resven.com Investor Information visit http://www.otcmarkets.com/stock/revi/quote
