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Amarium Technologies Inc. (OTC: AMMG), announced that through its wholly-owned subsidiary, Amarium Minerals Inc., has shipped the first of its copper production to Anglo Asia Resource Partners.
Amarium Technologies Inc. (OTC: AMMG), announced that through its wholly-owned subsidiary, Amarium Minerals Inc., has shipped the first of its copper production to Anglo Asia Resource Partners. The initial shipment weighs in a 65,000 points and is en route to China as the company starts the fulfillment of the copper stream sales agreement the Company entered into with Anglo Asia on June 5, 2013.
According to the company’s press release:
In addition to announcing confirmation of the first copper shipment, the Company also stated that it plans to post its 3(rd) quarter financials in the coming weeks, for the period ending September 30, with expected earnings to reflect the Company’s previously announced production at the Jovita Mine being ahead of schedule.
Adam Carter, President and CEO of Amarium Minerals said in a statement:
The first copper shipment is an important milestone for Amarium, and signals an exciting new era for the Company. It is our responsibility to mine, process, transport and load copper at the port facility. This whole process was a learning experience for us, but was completed successfully without any significant logistical issues. We are encouraged by the seamlessness of the processes we set-up and look forward to continuing to fulfill the supply obligations with regular shipments to our business partner Anglo Asia.