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Santo Mining Announces Corporate Update, Plans for Growth
MIAMI, FL / ACCESSWIRE / March 8, 2017 / Santo Mining Corporation (OTC PINK: SANP) (the "Company" , the Company is pleased to announce a corporate update and plan for growth and its aggressive approach for rapid expansion into a new market.
The Company has been working over the past 8 months distributing cigars in China, including cigar education at the Beijing University of Hospitality. More importantly, the Company has been working tirelessly to prepare all its books and records, accounting and files to engage PCAOB auditors to become fully reporting in the immediate future. The Company looks forward to updating the investor community once we engage with the auditors in the coming days.
SANP Plans for Growth: The Company has been committed to the cigar business and its industry in Asia and has been executing its business plan, however, we have had a few enormous opportunities present themselves in regards to new joint ventures, mergers, and acquisitions. Therefore, the Company has been in active talks and negotiations in regards to a joint venture to enter into these new rapid growth markets in order to help immediately expand the Company. The Company has been approached by a private company in one of the hottest sectors in the public markets that wishes to go public though SANP. SANP plans on updating its shareholders and the markets in regards to this potential merger in the coming days.
SANP Expansion: The Company has been actively pursuing multiple avenues and channels in order to increase its valuation, market capitalization, and shareholder value. We plan on remaining transparent moving forward in regards to more consistent market updates for our shareholders.
As a result of these new events and upcoming developments, the Company would like to announce that it's new official twitter account can be viewed at www.twitter.com/santominingotc.
CMO, Mr. Matthew Arnett, commented, "We are very excited about the new opportunities that have developed over the past month and we see the future as being very beneficial for all our shareholders and investors." Additionally, Mr. Franjose Yglesias, CEO, stated, "We will be working rapidly to get all of our records in order to be audited. We will be updating the investor community via our twitter account as we make progress in this phase."
Website: www.cathay.asia
Email: info@cathay.asia
Twitter: http://www.twitter.com/santominingotc
FORWARD-LOOKING STATEMENTS
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
SOURCE: Santo Mining Corporation
http://finance.yahoo.com/news/santo-mining-an...00266.html
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