USPR Acquisition news out. US Precious Metals
Post# of 29735
USPR Acquisition news out.
US Precious Metals, Inc. Enters into Contract to Acquire Resource Technology Corp.
Last update: 5/15/2013 9:21:00 AM
Significant Revenue Stream Potential
http://finance.yahoo.com/news/us-precious-met...00164.html
MALBORO, N.J., May 15, 2013 /PRNewswire via COMTEX/ -- US Precious Metals, Inc. ("Company") (otcqb:USPR) is pleased to announce that on May 11, 2013 it entered into an agreement to acquire Resource Technology Corp. ("RTC").
RTC assets include 3 ore supply agreements from 3 high grade ore mines, 2 from within the United States and one internationally. It also has a processing agreement with Plasma Processing LP ("PP LP") which utilizes patent pending, plasma technology to increase the rate of extraction of precious metal concentrates. RTC currently is a 1/3rd net revenue share partner with both the mining property owners and PP LP.
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