$PLYN July 06, 2020 (GLOBE NEWSWIRE) -- via NEWME
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Posted On: 07/10/2020 10:48:15 AM
$PLYN July 06, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Palayan Resources, Inc. (PLYN) (the "Company" or “PLYN”), an emerging growth gold mining company that engages in the acquisition, exploration, and development of mineral properties, today announced it has filed a Super 8-K on EDGAR with the Securities & Exchange Commission, which includes a change to non-shell status. The transition to non-shell status is a significant step in the Company’s ongoing progress and underscores its ability to build a strong gold exploration and mining presence in Central Asia.
“Our entire team has worked diligently to move Palayan Resources rapidly beyond its shell status with our recent acquisition of SMG-Gold B.V.,” said James Jenkins, President of Palayan Resources, Inc. “I am enthusiastic about our prospects as we push forward to expand our Kokkus Project in Kazakhstan and future exploration and mining opportunities. It is extremely validating to have achieved this important milestone for the Company.”
“Our entire team has worked diligently to move Palayan Resources rapidly beyond its shell status with our recent acquisition of SMG-Gold B.V.,” said James Jenkins, President of Palayan Resources, Inc. “I am enthusiastic about our prospects as we push forward to expand our Kokkus Project in Kazakhstan and future exploration and mining opportunities. It is extremely validating to have achieved this important milestone for the Company.”
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