Buyer Group International, Inc. (BYRG: OTC Pink Cu
Post# of 28526
April 26, 2013 - Austin, TX Buyer Group International, Inc. (OTCMARKETS:BYRG) receives Executed Deed of Agreement from its Lender indicating identification for cash backed assets in excess of $120 million being provided as collateral in regard April 2nd Joint Venture Letter of Intent with B2Digital(BTDG) for procuring funding to prove and bring into production an estimated 600 million tons of the groups‘ claims on roughly 2,940 acres.
BYRG is awaiting confirmation of the cash backed assets being provided by a top 25 global bank to secure the Lender upon which the Lender will establish the drawdown schedule for funding.
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.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Buyer Group International, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Buyer Group International, Inc. cautions you that any forward-looking information provided by or on behalf of Buyer Group International, Inc. is not a guarantee of future performance. Completion of the transaction is dependent upon important contingencies, including completion of financing, of which there is no assurance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Buyer Group International, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Buyer Group International, Inc.'s control. In addition to those discussed in Buyer Group International, Inc.'s press releases, public filings, and statements by Buyer Group International, Inc.'s management, including, but not limited to, Buyer Group International, Inc.'s estimate of the sufficiency of its existing capital resources, Buyer Group International, Inc.'s ability to raise additional capital to fund future operations, Buyer Group International, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Buyer Group International, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Buyer Group International, Inc., does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Source: Buyer Group International, Inc.
Investor Relations Management: Inter Global Investments LLC
214-810-1317
ir@byrg.org
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