SUGO 0.0004 New African Subsidiary Impressive Leg
Post# of 18851
SUGO 0.0004 New African Subsidiary & Impressive Legal Team.
According to OTCMarkets:
SUGO Legal is K&L Gates LLP
K&L Gates LLP's clients are:
FTEG 0.001
HBPI 1.28
IVDA 1.01
LIQT 1.4
MRINA 15.76
TXGE 0.155
WTMK 0.003
XSNX 0.0245
http://www.otcmarkets.com/service-provider/K&...ageSize=50
09/18/2012 @ 9:28AM
Sungro Minerals, Inc. (OTCQB: SUGO), an Exploration Stage Mining Company , announced today that it has established a wholly-owned subsidiary named "Sungro Minerals Africa." In a departure from its previous domestic development efforts, Sungro Minerals, Inc. has created Sungro Minerals Africa to acquire mineral rights throughout the African continent. To date, the company has identified several promising and significant opportunities, and in May of this year, representatives of the Company travelled, at the invitation of the government, to one of the countries that has significant opportunities. The Company is currently in negotiations to acquire various parcels and will update shareholders as to future developments.
In other matters, the Company is working with its legal team to address the chill placed on deposits of the Company's common stock by the Depository Trust & Clearing Corporation (DTCC). The Company has received a listing of transactions that require substantiation, and believes that once the proper documentation and attestations are provided, that the DTCC will remove the deposit chill.
About Sungro Minerals, Inc.
Sungro Minerals, Inc . is an early stage Mining and Exploration Company seeking to acquire, develop, and manage various mineral properties and resources both in the United States and around the world.