Uranium Hunter Corporation Signs Agreement For $20,000,000 Funding
With First Swiss International Group AG
LAS VEGAS,
Feb. 5, 2013 /PRNewswire/ -- Uranium Hunter
Corporation (OTCPink: URHN) wishes to announce that it has issued a
letter today announcing the signing of an agreement with First
Swiss International Group Inc. to act as lead funder on a
$20,000,000 private placement and as
its investment consultant and adviser in connection with Uranium
Hunter Corporation's mining business.
"We are pleased to have signed this Agreement with Uranium
Hunter Corporation and to be able to provide them with the
financing necessary to grow their business," commented Jeff Thompson, President of First Swiss
International Group. "We believe this is an exciting opportunity
for Uranium Hunter Corporation at a time when resources are
benefiting from the money printing of the central banks around the
world. First Swiss will underwrite the offering and expects to have
it closed this year; we will also assist Uranium Hunter Corporation
with the overall growth strategy."
"We are optimistic that Uranium Hunter's aggressive plan to
develop its business will benefit from First Swiss's relationships
and funding capabilities," commented Gregory Ellis, President of Uranium Hunter
Corporation. "Having First Swiss as our strategic funding and
advisory partner is of enormous importance to our overall execution
of our business plan. We will review all opportunities presented to
us by our strategic partner with the objective to maximize
shareholder value."
The scope of work to be conducted by First Swiss, on top of
their money raising commitment will include representing and
advising Uranium Hunter Corporation on its business activities and
other related matters including (a) conducting due diligence with
respect to potential target companies and cooperative partners; (b)
providing related advice on procedures involved with merger and or
acquisition targets; (c) assisting in drafting, reviewing,
commenting on and negotiating any related agreements/documents; and
(d) providing ongoing regulatory advice with respect to Uranium
Hunter's business.
First Swiss International Group AG. is a premier, full-service
venture capital, mergers and acquisitions and consulting firm with
recognized foreign direct investment, M&A, and finance
departments.
About First Swiss International Group AG:
First Swiss is a Swiss based commodities trading and asset
management group providing financing and strategic oversight for
development projects between USD $10MM - USD $750MM. First Swiss
seeks equity partnerships in projects of demonstrable directional
and risk advantage and can provide financing with immediacy. Our
investment portfolio includes a range of industries and PPIP
development concepts, and it is our objective to create an
immediate and lasting value impact via our principled and
transparent approach.
For further information please visit: www.firstsig.com
About Uranium Hunter Corporation
Uranium Hunter (OTCBB: URHN) through its wholly owned subsidiary
Cuyuni Mining mission is to build a fully-integrated uranium, gold,
precious metals and gemstone production company that incorporates
exploration, development, acquisition, mining, ore processing and
sales. We target historically proven and highly prospective
properties in South America and
Africa, which can come to
production quickly. For more information visit our website
www.cuyunimining.com
Forward-Looking Statements:
This press release contains forward-looking statements,
particularly as related to, among other things, Uranium Hunter's
business strategy. The words or phrases "would be," "will allow,"
"intends to," "may result," "are expected to," "will continue,"
"anticipates," "expects," "estimate," "project," "indicate,"
"could," "potentially," "should," "believe," "considers" or similar
expressions are intended to identify "forward-looking statements."
Actual results could differ materially from those projected in the
forward-looking statements as a result of a number of risks and
uncertainties. Such forward-looking statements are based on current
expectations, involve known and unknown risks, a reliance on third
parties for information, and other factors that may cause Uranium
Hunter's actual results, performance or achievements, or
developments in its industry, to differ materially from the
anticipated results, performance or achievements expressed or
implied by such forward-looking statements. Factors that could
cause actual results to differ materially from anticipated results
include risks, uncertainties and other factors that are detailed in
Uranium Hunter's Quarterly and Annual Reports and other documents
Uranium Hunter files from time-to-time. Statements made herein are
as of the date of this press release and should not be relied upon
as of any subsequent date. Uranium Hunter cautions readers not to
place undue reliance on such statements. Uranium Hunter does not
undertake, and specifically disclaims any obligation, to update any
forward-looking statements to reflect occurrences, developments,
unanticipated events or circumstances after the date of such
statement. Actual results may differ materially from Uranium
Hunter's expectations and estimates.
For more information contact us at:
Gregory Ellis
Uranium Hunter Corporation
Tel: 855-667-8786
Fax: 855-433-4464
info@cuyunimining.com
SOURCE Uranium Hunter Corporation