Britannia's 'Ready Mined' Supply Chain Surges
March 06 2014 - 8:27AM
Marketwired
Britannia's 'Ready Mined' Supply Chain Surges
Asia & Spain Unveil Opportunities for Britannia to Expand
Development & Distribution of Ready Mined Resources Through
Metals & Agriculture
NEW YORK, NY--(Marketwired - Mar 6, 2014) - Britannia Mining,
Inc. (PINKSHEETS: 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, announced today that the
Company has courted relationships in both Asia & Spain to
expand their development and distribution of 'ready mined'
resources, ramping up Britannia's metals division and lending cause
to establish an agriculture division specific to resource
distribution.
"Positioned as a supplier of natural resources, we have been
approached by a number of producers to arrange the effective
distribution of various 'ready mined' commodities," stated Nicola
Newmarch, COO of Britannia Mining. "These ready mined products are
mainly comprised of iron ore stockpiles which can be distributed
upon contractual acquisition. The collective values of contracts
currently under negotiation run into tens of millions of
dollars."
Management indicates that its focus remains on iron ore related
endeavors; explorative or through its rapidly growing development
and distribution model. However, in recent months, opportunities in
Asia and Spain have not only offered Britannia near-term to
immediate revenue sources in the Company's traditional market
[metals], but in some instances, also in agriculture.
Palm kernal, industrial hemp and other raw materials are finding
their way into Britannia's development and distribution network.
Ms. Newmarch pointed out however, "While there are many
opportunities in agriculture, the primary intent of our development
and distribution focus will not be easily diverted. The harvested
commodities currently being offered to us, which in many cases may
come as add-ons to a metals distribution transaction, are seemingly
in bountiful markets such as palm kernal, and full of near-term
financial opportunities."
During a recent assessment of a multi-million dollar minerals
contract in Asia, management was also consulted on possibly
managing the distribution of 'ready mined' raw materials and
feedstocks. Executives indicate that while natural resources like
palm kernal, industrial hemp and rubber are beginning to emerge as
real opportunities, Britannia will first conclude its pending
transactions to distribute just over 1.1 million tons of 'ready
mined' iron ore this year.
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
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by terminology such as "may,'' "should,'' "expects,'' "plans,''
"anticipates,'' "believes,'' "estimates,'' "predicts,''
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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 judgment 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