NEW YORK, Dec. 22, 2014 /PRNewswire/ -- Britannia Mining,
Inc. (OTC Pink: BMIN) ("Britannia" or the "Company"), a UK based
mining and commodities development Company, announced today, that
Britannia has made its initial shipment of raw, uncut diamonds to a
U.S.-based international inspection facility. This process was
initiated to facilitate a buy/sell contract for precious stones –
setting pace for an anticipated $1.2
Million in profits from this single contract; multiple
others are already lined up.
"Our portfolio of tradable commodities has realized a very
strong demand for precious stones," stated Kenneth Roberts, CEO of Britannia Mining. "This
has initiated the recent activity of our buy/sell commodities'
trading division, to procure the commodity and facilitate the
transaction for qualified buyers and sellers throughout the world.
This batch of diamonds we've shipped to the North East region for
inspection and purchase, solidifies just one of many such annual,
multi-million dollar transactional contracts."
Insiders say this first transaction could result in a projected
annual turnover of up to $12 Million
gross. As a commodity distributor, Britannia's earnings are based
on a percentage of each transaction. Considering this is one
of several multi-million dollar contracts available to Britannia's
commodities' trading division, precious stone transactions are
expected to add considerable value to the Company's 2015
earnings.
Roberts concluded, "Someone's Christmas just got better. As for
Britannia, the money generated on this transaction, is just a
prelude to what we further envision for 2015. We have established a
great team; our combined experience enables us to deliver precious
products from one continent to another, within a total transit time
of one week. Our framework utilizes professional processes and
quick delivery. This in turn leads to rapid deal execution, and
ultimately, quicker revenues delivered to Britannia."
About Britannia Mining
Britannia Mining is a natural resources development company
focused on acquiring high quality commodity-based
projects. For more information on the Company's
Mission, Acquisition & Exploration, visit "About
Britannia Mining":
http://www.britanniamining.com/about/company-overview/
Safe Harbor
Statements in this news release that are not historical facts,
including statements about plans and expectations regarding
products and opportunities, demand and acceptance of new or
existing products, capital resources and future financial results
are forward-looking. Forward-looking statements involve risks and
uncertainties which may cause the Company's actual results in
future periods to differ materially from those expressed. These
uncertainties and risks include changing consumer preferences, lack
of success of new products, loss of the Company's customers,
competition and other factors discussed from time to time in the
Company's filings with the Securities and Exchange Commission.
www.britanniamining.com
CONTACT: Team BMIN, (646) 580-1153
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SOURCE Britannia Mining, Inc.