Rincon Resources Reviewing Various Energy Sector Projects
Friday March 4, 5:00 pm ET
TUCSON, Ariz., March 4 /PRNewswire-FirstCall/ -- Rincon Resources (OTC Bulletin Board: RIRI - News), today reports that Management is currently in negotiations, subject to thorough and favorable due diligence on several oil and gas projects in California and Canada as well as three advanced coal projects of outstanding merit in Eastern Europe and Canada.
The Company will report on the ongoing developments once formal agreements have been executed. Rincon feels that the Company will benefit from energy projects that have a low risk, high rate of return and could provide the Company cash flow under favorable time frames.
Safe harbor for Forward-Looking Statements:
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Rincon Resources Inc. has little or no control.
