.Mining Global Enters Into Profit Sharing Agreement With First Nevada Mining Corp. to Operate Keystone Mine
Feb 25, 2015
OTC Disclosure & News Service
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Mining Global Enters Into Profit Sharing Agreement With First Nevada Mining Corp. to Operate Keystone Mine
WICKENBURG, AZ--(Marketwired - Feb 25, 2015) - Mining Global, Inc. (OTC PINK: MNGG) announced today that it has entered into a formal profit sharing agreement with First Nevada Mining Corp. and Keystone Mine, LLC., to restart ore processing at the Keystone Mine.
"Our role will be to manage all of the logistics related to the mine, including trucking the ore to the off-site processing facility, managing concentrating, leaching, and smelting, and selling the resulting gold bars on the secondary market," said Joel J. Natario, Chief Executive Officer of Mining Global, Inc. "In exchange for contributing our expertise to this arrangement, we will be well compensated with 20% of the take."
An executed copy of the profit sharing agreement with First Nevada Mining Corp., and Keystone Mine, LLC. can be found online at the Company'swebsite and disclosure portal.
Disclosures can be found on the Company's online disclosure portal at:http://www.otcmarkets.com/stock/YTRV/filings
AGREEMENT DOCUMENT LINK: http://www.otcmarkets.com/otciq/ajax/showFina...?id=133238
Feb 25, 2015
OTC Disclosure & News Service
-
Mining Global Enters Into Profit Sharing Agreement With First Nevada Mining Corp. to Operate Keystone Mine
WICKENBURG, AZ--(Marketwired - Feb 25, 2015) - Mining Global, Inc. (OTC PINK: MNGG) announced today that it has entered into a formal profit sharing agreement with First Nevada Mining Corp. and Keystone Mine, LLC., to restart ore processing at the Keystone Mine.
"Our role will be to manage all of the logistics related to the mine, including trucking the ore to the off-site processing facility, managing concentrating, leaching, and smelting, and selling the resulting gold bars on the secondary market," said Joel J. Natario, Chief Executive Officer of Mining Global, Inc. "In exchange for contributing our expertise to this arrangement, we will be well compensated with 20% of the take."
An executed copy of the profit sharing agreement with First Nevada Mining Corp., and Keystone Mine, LLC. can be found online at the Company'swebsite and disclosure portal.
Disclosures can be found on the Company's online disclosure portal at:http://www.otcmarkets.com/stock/YTRV/filings
AGREEMENT DOCUMENT LINK: http://www.otcmarkets.com/otciq/ajax/showFina...?id=133238
