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Genesis Electronics Group Inc., (OTC Pink:GEGI) Si

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Post# of 301275
(Total Views: 51)
Posted On: 10/04/2017 4:00:22 PM
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Posted By: News Desk 2018
Genesis Electronics Group Inc., (OTC Pink:GEGI) Sister company of Inca Worldwide (OTC Pink:QEDN) Signs Agreement With Morrocota Gold

TURBO, Colombia, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Genesis Electronics Group Inc., (OTC Pink:GEGI) announces it has signed agreement with Morrocota Gold to operate what will be called “The Project Gomez Plata.”  The project is fully permitted and the operation is operational within two months.  The project is presently being overhauled and as existing has a capacity of 100 tons per day.  The region is referred to as Sesgalete.  The project claim is over a mile long and an average width of 1.5 yards.  The mineral material amounts to 1,170,000 tons with 154,227 ounces of gold, and 2,408,000 ounces of silver.  Juan David Perez Schile, CEO, comments, “We are thrilled to enter into this agreement, and my team is anxious to work with this group.  They have identified our team’s ability to optimize projects and produce cash flow.”

Contact information: info@caciquemining.com

About Cacique Mining The Guayuco project is a gallery project. Cacique Mining Inc. and Green Mine Solutions has entered into an agreement with Inca Worldwide to grow Sacha Inchi on the land above the mine. www.caciquemining.co

Caution Concerning Forward-Looking Statements: Our public communications and SEC filings may contain "forward-looking statements" – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," or "target." Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about our announced plan to reduce the size of our financial services businesses, including expected cash and non-cash charges associated with this plan and earnings per share of QED retained businesses (Verticals); expected income; earnings per share; revenues; organic growth; growth and productivity associated with our Digital business; margins; cost structure; restructuring charges; acquisition-related synergies; cash flows; returns on capital and investment; capital expenditures, capital allocation or capital structure; and dividends.

 



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