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08.07.2014 12:05
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PR Newswire
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Mining Global Regains Control of Subsidiary PureSpectrum
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PR Newswire
WICKENBURG, Ariz., July 8, 2014
WICKENBURG, Ariz., July 8, 2014 /PRNewswire/ -- Mining Global, Inc. (OTC Pink: YTRV) announced today that it has regained control of its subsidiary PureSpectrum, Inc. (OTC Pink: PSRU). PureSpectrum had been one of the company's wholly-owned subsidiary projects in past years and was feared lost by management until recently.
"While working on our financials we have discovered that Mining Global is still a majority holder of PureSpectrum," said Joel J. Natario, Chief Executive Officer of Mining Global, Inc. "Having this bonus entity as an asset is a very welcome surprise that we will now take full advantage of by vertically integrating it into our mining value chain to help us more quickly grow and expand into a mining force to be reckoned with. In the coming weeks we will clean it up and bring it current in its filings."
Disclosures relating to PureSpectrum, Inc. can be found on the Company's online disclosure portal at: http://www.otcmarkets.com/stock/PSRU/filings
Disclosures can be found on the Company's online disclosure portal at: http://www.otcmarkets.com/stock/YTRV/filings
About Mining Global Inc.
Mining Global's objective is to build and operate world-class mines and develop a robust portfolio of assets in North America with the focus on organic growth and early stage acquisitions. The exceptional experience and strength of Mining Global's management team, combined with the excellent infrastructure and robust economics of the Arizona mining industry, sets Mining Global to become a leading Gold development and mining company.
Forward-looking statements:
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
SOURCE Mining Global, Inc.
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