Pilot Program Underway for Regular Shipments Planned Over
the Next 36 Months
HENDERSON, NV -- November 16, 2015 -- InvestorsHub NewsWire
-- Double Crown Resources, Inc. (DDCC),
a fully reporting company, announces that a new mineral supply
agreement has been negotiated for industrial shipments of
cement copper slated for South Korea. Cement copper is
used in the production of copper matte for the final preparation of
refined copper and has many end-use applications. A
letter of credit is in place to fund the initial pilot
shipment. Upon the completed pilot delivery and its
successful testing results, final details will be
established on a proposed 36 month contract valued
at $1.1 million per month, for a total gross revenue of over
$40 million. This contract has the potential to increase
significantly as the market demands. Double Crown
management expects this supply order to be followed by a range
of strategic mineral contracts to be supplied to our South
Korean client.
Company CEO and Chairman Jerold S. Drew commented, "We have now
demonstrated to the marketplace that Double Crown Resources has
established many excellent business relationships that are
leading to commercial orders. These relationships are
with some of the highest grade mineral and mining
supply companies throughout the world. Utilizing our
logistical capacities and advantages, we are now demonstrating
that our assets and contacts, together with our advanced,
patent-pending Translock transport system, have
well-positioned Double Crown to take its place in
the global industrial minerals market and made us true to
our company slogan: We drive the minerals that drive the
market."
About Double Crown Resources, Inc.
Double Crown Resources, Inc., is a public, fully reporting company
in the natural resources industry. In addition to our oilfield
services business, we market the patent-pending, multi-advantage
container system called Translock. This system is designed for
highly efficient, economical and environmentally friendly shipment
of aggregate commodities to the oilfield services industry.
Additionally, we hold a 100% interest in the Bateman gold and
nickel prospect near Thunder Bay, Ontario, Canada. Double Crown
Resources, Inc., originally founded in 2006, is based in Henderson,
NV with marketing offices in Houston, TX.
Neither this press release nor any related calls or discussions
constitutes an offer to sell, or the solicitation of an offer to
buy, any securities.
Forward-Looking Statements
You should not place undue reliance on forward-looking statements
in this press release. This press release contains forward-looking
statements that involve risks and uncertainties. Words such as
"will," "anticipates," "believes," "plans," "goal," "expects,"
"future," "intends," and similar expressions are used to identify
these forward-looking statements. Such forward-looking statements
include risks and uncertainties, and there are important factors
that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. These
factors, risks and uncertainties are discussed in the Company's
annual report on Form 10-K for the year ended December 31, 2014 as
updated from time to time in our filings with the Securities and
Exchange Commission. The Company is not responsible for updating
the information contained in this press release beyond the
published date, or for changes made to this document by wire
services or Internet services. For further information about Double
Crown Resources, Inc., please refer to its website at http://www.doublecrownresources.com.
Double Crown Resources, Inc.
Jerold S. Drew, CEO & Chairman of the Board
10120 S. Eastern Ave. Suite 200
Henderson, Nevada 89052
Phone: (707) 961-6016
Email: info@doublecrownresources.com