Britannia Balances Portfolio to Deliver Near Term Revenues
February 26 2014 - 10:20AM
Marketwired
Britannia Balances Portfolio to Deliver Near Term Revenues
Company Aims to Crystallize Earnings From 'Ready Mined' Natural
Resources
NEW YORK, NY--(Marketwired - Feb 26, 2014) - Britannia
Mining, Inc. (OTC Pink: BMIN) (or the Company), the successor of a
merger between UK based mining development company Britannia Mining
Plc and U.S. based Micron Enviro Systems (Former Symbol: MSVS),
announced today that the Company anticipates its supply chain for
natural resources to ramp up over the next sixty days; potentially
delivering significant cash flows and increasing Britannia's reach
in the commodity development and distribution space.
"Our experience and expertise affords us the ability to position
Britannia as a supplier of natural resources," stated Nicola
Newmarch, COO of Britannia Mining. "As lengthier endeavors
like our Malawi and Yukon explorations continue, immediate revenues
can be generated through the development and distribution of
various 'ready mined' products such as amassed iron ore stock
piles."
With investment dollars proposed by REM Capital, management has
currently moved into advanced stage negotiations, to secure bulk
commodities in metals and agriculture, spanning from Africa to
Asia. Anticipated revenues on the immediate projects are
likely to exceed mid seven figures and will allow the Company to
better manage its major exploration project in Malawi [iron ore]
and its secondary gold project in the Yukon.
Ms. Newmarch concluded, "In order to ensure that both
exploration projects are successfully managed, and substantial
value and confidence is delivered to investors, ramping up
immediate revenues by developing and distributing an inventory of
ready mined natural resource products is key. Within the next
sixty days, we anticipate finalizing two significant transactions
that upon completion will positively impact our balance sheet."
About Britannia
Mining Britannia Mining is a mining development company that
is focused on acquiring high quality mineral and mining
projects. The company is committed to developing revenues by
conducting exploration and evaluation activities. The company's
mission is to identify potential mineral targets to deliver value
via developing sales opportunities.
Acquisition Focus The company is targeting revenue
producing assets and is currently in negotiations regarding
acquisition of mineral stockpiles.
Exploration Focus The company has been developing a
high grade iron ore project in Malawi and is currently renewing the
Exclusive Prospecting License (EPL) for iron ore over 650 sq km at
Nthale Blantyre. The company is targeting 100 Million Tons (MT)
iron at Nthale Hill (20 sq km)..
Britannia Mining has inherited the legacy projects (Gold claims)
of the former Micron Enviro Systems in the Yukon and plans to
conduct sampling on this area.
For more information, please visit www.BritanniaMining.com.
Safe
Harbor
This news release contains forward-looking statements.
Forward-looking statements are statements which relate to future
events. In some cases, you can identify forward-looking statements
by terminology such as "may," "should," "expects," "plans,"
"anticipates," "believes," "estimates," "predicts," "potential" or
"continue" or the negative of these terms or other comparable
terminology. These statements are only predictions and involve
known and unknown risks, uncertainties and other factors that may
cause our or our industry's actual results, levels of activity,
performance or achievements to be materially different from any
future results, levels of activity, performance or achievements
expressed or implied by these forward-looking statements. While
these forward-looking statements, and any assumptions upon which
they are based, are made in good faith and reflect our current
judgement regarding the direction of our business, actual results
will almost always vary, sometimes materially, from any estimates,
predictions, projections, assumptions or other future performance
suggested herein. Except as required by applicable law, including
the securities laws of the United States, the Company does not
intend to update any of the forward-looking statements to conform
these statements to actual results. Readers are referred to the
sections entitled ``Risk Factors'' in the Company's periodic
filings with the United States Securities and Exchange Commission,
which can be viewed at (http://www.SEC.gov). For all details
regarding working interests in all of BMIN's mining prospects or
any previous news releases go to OTC Markets website. You should
independently investigate and fully understand all risks before
making investment decisions.
Contact information Team BMIN (646) 580-1153
www.britanniamining.com