Rainmaker Mining Corp. Announces Entry Into Frac Sand Business
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 12/16/13 -- Rainmaker Mining Corp. ("Rainmaker") (TSX VENTURE: RMG) is pleased to announce that it has developed a business plan which will concentrate on the acquisition and development of high quality, silica sand deposits, suitable for supplying sand for hydraulic fracturing, with low capital and operating costs.
Rainmaker is currently performing due diligence on several potential acquisitions in this space.
In addition, the company is actively seeking other opportunities in related products.
Chris M. Healey, P.Geo, a Director of Rainmaker commented, "The company has targeted the Frac Sands industry due to increasing demand, favorable economics and the potential to acquire properties with anticipated low CAPEX and OPEX."
On Behalf of the Board of Directors,
Rainmaker Mining Corp.
Bev Funston, Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Rainmaker Mining Corp.
Bev Funston
Director
(604) 921-1810
(604) 921-1898 (FAX)
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Bereitgestellt von Benutzer: Marketwired
Datum: 16.12.2013 - 14:00 Uhr
Sprache: Deutsch
News-ID 324561
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contact information:
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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"Rainmaker Mining Corp. Announces Entry Into Frac Sand Business"
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