AUSTIN, Texas, March 11, 2013 /PRNewswire/ -- Buyer Group International, Inc. (OTC Pink: BYRG) announces the following:
"The past several weeks have been very exciting for BYRG. We have been actively negotiating several large deals and are close to knocking open the doors to signing commitments granting BYRG exclusive ownership rights to interesting metals and mineral property. These locations are extremely valuable and have superior long term levels of potential. Part of the value proposition that BYRG has proposed includes bringing in financing to commence operations on these lands."
"We have been talking to and are about to sign a star consultant out of Washington D.C. to assist us with international financing from sources such as the Export-Import Bank of the United States, a federal agency that provides support for export of equipment and materials by U.S. companies. Such support is critical when you must move large amounts of equipment and material. The equity we receive from the property values will assist in proving up the valuation and potential of the properties we are concluding negotiations on." said David A. Bryant in a recent phone interview.
"The expansion of our team with consultants that have a solid track record in multi-million dollar deals is a must to our corporate strategy of placing talented and connected people on projects that will aid in the value we intend to drive to our shareholders. We don't want to stop there, however. We have also discussed with our holdings trustee the opportunity to prove up 440 acres in the Wyoming area and have received verbal approval to start the process to demonstrate the real value in the lands held by our group. When you imagine the potential, properties with huge proven reserve deposits and the financing to bring it to market is a home run" David Bryant was quoted as saying.
Completion of the proposed transactions is dependent upon many important contingencies, including BYRG obtaining financing and guarantees, of which there is no assurance.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Buyer Group International, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Buyer Group International, Inc. cautions you that any forward-looking information provided by or on behalf of Buyer Group International, Inc. is not a guarantee of future performance. Completion of the transaction is dependent upon important contingencies, including completion of financing, of which there is no assurance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Buyer Group International, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Buyer Group International, Inc.'s control. In addition to those discussed in Buyer Group International, Inc.'s press releases, public filings, and statements by Buyer Group International, Inc.'s management, including, but not limited to, Buyer Group International, Inc.'s estimate of the sufficiency of its existing capital resources, Buyer Group International, Inc.'s ability to raise additional capital to fund future operations, Buyer Group International, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Buyer Group International, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Buyer Group International, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
SOURCE Buyer Group International, Inc.