Mayberry Resources PLC. Receives Equity Financing Commitment From Institutional Investors for 3 Million Euro. May 11, 2011
(firmenpresse) - Mayberry Resources PLC. Receives Equity Financing Commitment From Institutional Investors for 3 Million Euro. May 11, 2011
Mayberry Resources PLC, (FRANKFURT-ISIN: GB00B4NS9M30----WKN:-A1C2BR- Symbol: 6MB) Mayberry Resources PLC is a publicly held resource company that trades on the Frankfurt Stock Exchange. Mayberry Resources PLC is rapidly building a leading gold and copper production and exploration company with a focus on Peru.
Mayberry Resources PLC is pleased to announce that the company has received a financing commitment for 3 million Euro. The financing will be used to further expand the mill on the Chinchipe property and to purchase more equipment which will lead to increased and more efficient production. The Chinchipe mine has a fully modernized and operational plant on site with production capacity currently at 60 tons/day. 2 million Euro will be used for further expansion of the mill that will increase production at Chinchipeto a capacity of 400 tons/day. The remaining capital will be used for further exploration at the Juyacul project. Upon further expansion of the Chinchipe mine, the company expects revenues which are estimated at approx 9mm Euro annually and upon increase to 400 tons a day will increase revenues ten fold to approx90 mm Euro annually.
'This equity financing commitment is the realization of our vision of this tremendously resource rich property and represents a significant milestone for our company. Today is a very exciting day for our shareholders.' stated Benjamin Motanez, President and C.E.O of mayberry Resources Inc.
About Mayberry Resources PLC.
Mayberry Resources PLC. was established to focus on Peru's fast growing precious and base metals reserves, to become one of Peru's important foreign metal producers. Mayberry is a gold production company that is actively seeking more properties for its land portfolio in Peru and other countries in South America. Mayberry Resources plans on becoming a major production company through acquiring additional producing mines and a series of joint ventures on high potential mining properties. The company counts on experimented professional resource having long standing relationships with Peru. This expertise coupled with their network of contacts allows the company to see some of the most sought after properties in the country along with a right of first refusal on exceptional projects.
Contact
www.mayberryresources.de
E mail- info(at)mayberryresources.com
Adress:
Mayberry Resources PLC
Thames House
Portsmouth Road
UK-Esher
KT10 9AD
Leseranfragen:
Mayberry Resources PLC
4188 Welwyn St
Vancouver, B.C.
V5N 3Z2
KANADA
Tel.: +1 604 367 2962
E-Mail: info(at)mayberryresources.com
" alt="ETHOS BUDGETS $6 MILLION FOR YUKON WHITE GOLD DISTRICT IN 2011
Datum: 11.05.2011 - 08:50 Uhr
Sprache: Deutsch
News-ID 29834
Anzahl Zeichen: 0
contact information:
Town:
Wien
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 246 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Mayberry Resources PLC. Receives Equity Financing Commitment From Institutional Investors for 3 Million Euro. May 11, 2011
"
steht unter der journalistisch-redaktionellen Verantwortung von
Mayberry Resources PLC (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
