Mabwe Minerals Inc. (MBMI) 0.0135 $MBMI
Mabwe Minerals Inc. Enters Into Letter of Intent With Fonon Technologies, Inc. and Establishes Bulldog Minerals & Metals Corp.
Marketwired - Thu Jan 22, 4:03PM CST
Mabwe Minerals Inc. (OTCQB: MBMI) (the "Company"
, a natural resources company focused on mineral and metal resource acquisition, exploration and development, is pleased to announce the company has entered into a Letter of Intent (LOI) to acquire certain assets of Fonon Technologies in exchange for a majority of the issued and outstanding shares of Mabwe Minerals Inc. Upon completion of the agreement, Fonon Technologies will assume full control of Mabwe Minerals. Al Pietrangelo, President & CEO stated, "It is always about our shareholders and Fonon Technologies is the right partner at the right time. With more than a quarter century of building laser based materials processing systems with a diverse set of Fortune 500 companies, the future is very bright for our shareholders as Fonon Technologies is rapidly emerging in one of the hottest industry sectors, namely; Additive Manufacturing with 3D Metal Printing Systems based on Direct Metal Laser Sintering (DMLS), and Subtractive Manufacturing with 3D Engraving and Cutting Systems. Fonon Technologies' portfolio of intellectual property, knowhow & inventions should dramatically change the way in which 3D Metal Manufacturing Systems are designed for application specific requirements."
Mabwe Minerals Inc. Enters Into Letter of Intent With Fonon Technologies, Inc. and Establishes Bulldog Minerals & Metals Corp.
Marketwired - Thu Jan 22, 4:03PM CST
Mabwe Minerals Inc. (OTCQB: MBMI) (the "Company"
, a natural resources company focused on mineral and metal resource acquisition, exploration and development, is pleased to announce the company has entered into a Letter of Intent (LOI) to acquire certain assets of Fonon Technologies in exchange for a majority of the issued and outstanding shares of Mabwe Minerals Inc. Upon completion of the agreement, Fonon Technologies will assume full control of Mabwe Minerals. Al Pietrangelo, President & CEO stated, "It is always about our shareholders and Fonon Technologies is the right partner at the right time. With more than a quarter century of building laser based materials processing systems with a diverse set of Fortune 500 companies, the future is very bright for our shareholders as Fonon Technologies is rapidly emerging in one of the hottest industry sectors, namely; Additive Manufacturing with 3D Metal Printing Systems based on Direct Metal Laser Sintering (DMLS), and Subtractive Manufacturing with 3D Engraving and Cutting Systems. Fonon Technologies' portfolio of intellectual property, knowhow & inventions should dramatically change the way in which 3D Metal Manufacturing Systems are designed for application specific requirements." 
