ORION DHC, INC Announces AuVek Gold Mining Company
Post# of 1033
ORION DHC, INC Announces AuVek Gold Mining Company as New Division Subsidiary
Apr. 28, 2013 - LAS VEGAS -- HENDERSON, NV – April 28, 2013 /NEWSWIRE/ -- ORION DHC, Inc. (OTC: OODH), is pleased to announce its new division subsidiary AuVek Mining Company (DBA). The company will be operated by Responsible Managing Officer (RMO) Mr. Greg Lowe of Nevada. The company intends to immediately develop its gold mining properties in the prolific Carlin Trend of Nevada USA with the addition of several more commercial mining locations on the horizon. Mr. Lowe is a seasoned gold mining professional with years of experience in gold recovery on the international stage – operating multiple gold recovery ventures in The United States as well as abroad.
AuVek Mining Company RMO, Greg Lowe, comments on the venture, “ My goal is to recover more than an adequate number of ounces of gold to pay ORION DHC, Inc shareholders a healthy dividend from our operations. This will be done by moving the proper equipment to the most viable gold mining claims in the tax free and mining oriented Nevada, USA. With gold spot prices hovering over $1400 per ounce, a solid gain for early investors is quite feasible. I’m pleased to be offered such an opportunity by ORION DHC, Inc and excited to get more gold! I take mining for gold very serious because it’s what I love doing.”
The deal entails a good faith effort by Mr. Lowe to recover as much gold as possible from specific mining claims and to further develop the company by staking new gold mining claims - as he deems necessary. Mr. Lowe will also work with the appropriate agencies to ensure ethical mining practices are strictly adhered to and that appropriate permits are maintained. ORION DHC, Inc shareholders will be pleased to know that gold from AuVek Mining Company will be purchased at a discount of 85% of current spot prices from the new division.
This will allow ORION DHC, Inc to add the incoming gold recovered to the company portfolio and back each OODH share with physical gold. In addition, ORION DHC, Inc will pay up to a $0.15 per share cash dividend to public shareholders of record for every 1000 Troy Ounces of gold recovered by AuVek Mining Company during 2013. Mr. Lowe will be issued One-Thousand (1000) OODH shares for each day he has committed to being the RMO of AuVek Mining Company. Further compensation to Mr. Lowe is pending negotiations based on actual gold recovery performance as reflected via return on investment per each new gold claim.