Mining Global Buys Back Debt to Avoid Dilution
27 Outubro 2014 - 8:00AM
InvestorsHub NewsWire
Wickenburg, AZ - October 27, 2014 - InvestorsHub NewsWire
- Mining Global, Inc. (OTC Pink:
MNGG) announced today that it has repurchased $100,000 of
outstanding notes to prevent as many as one billion shares from
hitting the market in December in effort to avoiding more dilution
of its common stock.
“This is not an easy task that we are doing for our
shareholders, but it will show the direction of the company’s
goals,” said Joel J. Natario, Chief Executive Officer of Mining
Global, Inc. “Our next step is to start buying back shares in
November."
Disclosures can be found on the Company’s online disclosure
portal at: http://www.otcmarkets.com/stock/MMNG/filings
About Mining Global Inc.
Mining Global’s objective is to build and operate world-class
mines and develop a robust portfolio of assets in North America
with the focus on organic growth and early stage acquisitions. The
exceptional experience and strength of Mining Global’s management
team, combined with the excellent infrastructure and robust
economics of the Arizona mining industry, sets Mining Global to
become a leading Gold development and mining company.
Forward-looking statements:
Statements in this press release relating to plans, strategies,
economic performance and trends, projections of results of specific
activities or investments, and other statements that are not
descriptions of historical facts may be forward-looking statements.
Forward-looking information is inherently subject to risks and
uncertainties, and actual results could differ materially from
those currently anticipated due to a number of factors, which
include but are not limited to, risk factors inherent in doing
business. Forward-looking statements may be identified by terms
such as "may," "will," "should," "could," "expects," "plans,"
"intends," "anticipates," "believes," "estimates," "predicts,"
"forecasts," "potential," or "continue," or similar terms or the
negative of these terms. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we
cannot guarantee future results, levels of activity, performance or
achievements. The company has no obligation to update these
forward-looking statements.
Investor Relations
Mining Global, Inc.
660 Via Corte, Suite B
Wickenburg, AZ 85390
Website: http://miningglobalinc.com/
Phone: 928-232-0478
Email: info@miningglobalinc.com
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