Suburban Minerals Moving Forward With the Acquisition of the Diamond Mine
January 15 2014 - 7:00AM
Marketwired
Suburban Minerals Moving Forward With the Acquisition of the
Diamond Mine
HENDERSON, NV--(Marketwired - Jan 15, 2014) - Suburban
Minerals Corp. (OTC Pink: SUBB) announced to its shareholders today
that management is moving forward with the acquisition of the
Diamond Mine in the Central African Republic.
According to the company, legal representatives of both
organizations are working diligently on completing the acquisition
agreement. The agreement is expected to be signed on or before
January 21, 2014 and the closing upon completion of the formal
due-diligence and receipt of all transfer approvals.
"We are glad to announce to our shareholders that we are now
finalizing the acquisition agreement after long beneficial
negotiations," said Tim Sperling, President & CEO of Suburban
Minerals Corp. "We want to assure our shareholders of our
transparency and our hope is to continually provide updates on
our progress, and or any delays which can occur with such a
substantial acquisition."
About Suburban Minerals
Corp.
Suburban Minerals Corp is a publicly traded company seeking to
acquire and operate producing mines in challenging world economies,
to provide the highest return on investments and create long term
sustainable value to its shareholders.
Safe Harbor Statement: This press release contains statements,
which may constitute forward-looking statements within the meaning
of the Securities Act of 1933 and the Securities Exchange Act of
1934, as amended by the Private Securities Litigation Reform Act of
1995. Those statements include statements regarding the intent,
belief or current expectations of Suburban Minerals Corp., members
of their management, and assumptions on which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements.
Contact: Tim Sperling President & CEO Email:
suburbanminerals@gmail.com
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