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B2Digital (BTDG.PK) and Buyer Group International,

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Post# of 1774
Posted On: 04/02/2013 7:43:09 PM
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Posted By: Kazorchian
B2Digital (BTDG.PK) and Buyer Group International, Inc. (BYRG.PK) to Disclose Letter of Intent for Joint Venture on Feldspathic Sand/ Feldspar Aramco Mineral Claims With Eye on Raising Capital

Apr 02, 2013
OTC Disclosure & News Service

Phoenix AZ -

Joint Venture Participation Letter of Intent reached between BTDG, BYRG and Voth International, Inc.
B2Digital, Inc. (BTDG) and Buyer Group International, Inc.(BYRG) have signed a Letter of Intent aimed at raising $120 million in debt round financing utilizing the past producing Aramco Land and Minerals Inc. claims operation west of Phoenix, Arizona as collateral for funding the venture. The venture seeks to confirm and prove up an estimated 600 million tons pertaining to the groups 147 claims on roughly 2,940 acres.
Participation interests include 50% for BTDG, 25% for BYRG, and 25% for Voth International, Inc. BTDG will provide the property including full access along with potential sales exits, and BYRG joins effort in procuring private equity and raising debt financing and managing creative content, and finally Voth International, Inc. for procurement of cash backed assets pending confirmation at the third party facilitators bank, who familiar with the deal has documented to BYRG a similar transaction at a top six US financial institution . BYRG issued $1 million in equity along with private partners totaling $5 million in common shares of BYRG to be contributed pending confirmation and disclosure of initial availability of cash funds as provided by a US bank on behalf of the Joint Venture due within the next 30-45 days.
BYRG has executed loan documents and is awaiting confirmation of the cash backed assets to be sent to the financing group. Upon confirmation the financing group will establish a draw down schedule for funding BYRG to invest to the Fedlspath/Feldspar project. Initial funding is anticipated to be finalized within 7-10 days of confirmation of the funds available against the cash backed assets. Upon funding, a full report analysis per Guide 7 and National Instruments 43-101 based upon previous testing and production is complete the property will serve as a basis for procurement additional private capital and possible re-financing. Past production on the property included sales in the Arizona and Southern California construction and recreational markets through big-box construction retailers which curtailed with the housing bubble collapse. Future anticipated outlets will include regional uses such as the USGA golf course augmentation and coastal beach restoration around the United States, as well as potential off-taker contracts with interest indicated out of China, Shanghai region, in bulk for final use in stucco, mortar, and other specialized construction applications locally and abroad.
*Regional Feldspathic/Silica deposits are situated within The Buckeye Pluton. The Buckeye Pluton is generally considered to be a fine to medium grained peraluminous two-mica granite. The deposit is composed of a medium to coarse-grained porphyritic granite and is a distinct unit located within the south central region of the Buckeye Pluton. The highly unique nature of the coarse-grained mineralogy of the deposit has significant economic benefits that will allow ALMI to produce desirable products at a premium price in the market place relative to other sand products (either natural river-bottom sand or crushed granite sand). *Source - Feldspathic/silica deposit brochure ARAMCO LAND AND MINERAL, INC.
It is important to note that BYRG has a minority interest in proposed project and is providing information as represented to BYRG. See BYRG public disclosure for full details. Completion of the proposed transactions and development of this property are dependent upon many important contingencies, including BYRG obtaining financing and guarantees, of which there is no assurance.



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