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Markray Announces Financing for Acquisition

Investing News Network
Feb. 24, 2012 01:56PM PST
Precious Metals Investing

Markray Corp (OTCPINK:RVBR) announced it has obtained the financing needed to purchase the rights for processing an additional 50% of the reserve of gold, silver and platinum.

Markray CorpĀ (OTCPINK:RVBR) announced it has obtained the financing needed to purchase the rights for processing an additional 50% of the reserve of gold, silver and platinum.

As quoted in the press release:

The company geologist has been on the site for the past weeks to confirm the tenure of gold and rare earth minerals in a greater area of the stockpile.

The financing was available because of the large stockpile of reserves. The details of the terms of the plan are being worked out and will be released early next week.

Markray’s President, Olga Smolnikova said:

The Company was presented with this opportunity to expand its operations before competitors infringe on this lucrative process of obtaining gold, silver and platinum. We shall put our experience and technology to work.

Click here to read theĀ Markray Corp (OTCPINK:RVBR) Ā press release.

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