Asama Acquires a Controlling Interest in Santo Min
Post# of 610
Published: May 4, 2018 3:55 p.m. ET
HO CHI MINH, Vietnam, May 04, 2018 (GLOBE NEWSWIRE via COMTEX) --
Via OTC PR Wire -- Santo Mining Corp. (the "Company" (otcmarkets:SANP) today announces that Asama of Vietnam has acquired a controlling interest in Santo Mining . Through this acquisition, Asama will expand its market share as the leading South Asian crypto mining company that wishes to integrate its model internationally.
During the days and weeks to come, the company will be going through a corporate restructuring phase, which will include and not be limited to; financial aid, social media, board member and or directorship changes, corporate name change, OTC Markets current status and a strategic roadmap to up-list and become once again a fully reporting SEC publicly listed company.
Mr. Franjose Yglesias, Vice President of Santo Mining, stated; "Many new and exciting changes will be occurring in the immediate few weeks as we transition Santo to Asama, the value to our stakeholders will be enormous in the very near future as the dust settles and Asama unveils its plans for the future." Additionally, Mr. Duc Thang Dao, Chairman of Asama, stated: "On behalf of the Asama family, we welcome all Santo shareholders to our family.
This union is the foundation of our international plan which will include the development of a 100,000 TeraHashes datacenter in North America."
About ASAMA
https://asamafarm.com/
Highly dedicated crypto/blockchain members founded Asama with an expertise in the field of cryptocurrency mining. Asama specializes in the cryptocurrency data mining with over 5,000 machines in 4 locations in Vietnam, blockchain investments and its proprietary cryptocurrency investment-trading platform. Asama is heavily invested in the research and development of high-end, high-efficiency and high-profit returns of cryptocurrency mining computers. The Company is leading the way in the 3 [rd] generation cryptocurrency proof-of-stake/proof-of-work mining era in Southern Asia, with its continuing research, sale and exchange of electronic components and crypto mining equipment.
About Santo Mining Corp.Santo Mining Corp, a publicly traded company in the Over-the-Counter (OTC) market, trading under the ticker symbol SANP. Formally an analog mining company in the gold and copper sector, it has now focused on the digital cryptocurrency mining and transactions operations. Our goal is to make mining accessible to all users regardless of age, location, investment, and technical experience. We want to give our miners the opportunity to try out cryptocurrency mining pool and earn cryptocurrency rewards. On a larger scale, we hope to contribute to the development of mining services and subsequently to the development, establishment and adoption of cryptocurrencies both as a currency and as an economic system.
Media contacts:
Mr. Franjose Yglesias
info@asama.global
twitter.com/ASAMAGLOBAL
Forward Looking Statements and Disclaimer
Statements made in this press release that express the Company or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words "believe," "expect," "intend," "estimate," "anticipate," "will" and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. The Company cannot guarantee future financial results; levels of activity, performance or achievements and investors should not place undue reliance on the Company's forward-looking statements. No information contained in this press release should be construed as any indication whatsoever of the Company's future financial performance, future revenues or its future stock price. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. No information in this press release should be construed as any indication whatsoever of the Company's future revenues or results of operations.
https://www.marketwatch.com/story/asama-acqui...2018-05-04