MONTREAL, June 16, 2014 /PRNewswire/ -- DNA Precious Metals, Inc. (OTCQB: DNAP) ("DNA" or "the Company") is pleased to announce that DNA Crypto Corp., a wholly owned subsidiary of DNA Precious Metals, Inc., has received numerous inquiries regarding potential joint ventures and investments. These potential joint and investments will be put before the Board of Directors in the next two weeks for their consideration. DNA Precious Metals, Inc. has already identified a bitcoin mining investment for DNA Crypto Corp. that will form the cornerstone of the Company's bitcoin strategy. Once this transaction is completed, DNA Crypto Corp. intends to move quickly to identify other bitcoin miners which can be brought within the DNA group. DNA Crypto Corp. is well branded and staffed which will be useful to help make its mark in the field of crypto currencies.
James Chandik, CEO and President of DNA Precious Metals, Inc. stated; "Coindesk.com covered the upside of industrial bitcoin mining this weekend, and we feel vindicated that our subsidiary's business model is in the right place at the right time. We encourage all DNA Precious Metals, Inc. shareholders to read the piece. It is a real eye-opener."
Furthermore, Mr. Chandik commented, "Wall Street has embraced bitcoin as you can see by this story from CNBC. CNBC interviewed Barry Silbert from Secondmarket and he laid out a timeline which would bring bitcoin to everyone and everywhere. Mr. Silbert is a visionary and is heavily invested in bitcoin. DNA Precious Metals, Inc. shareholders will be happy to find out that Mr. Silbert has just invested $400,000 in HashPlex, another bitcoin miner. This bitcoin visionary is thinking the same way as we are and that gives me reason to think that DNA Crypto Corp. will do very well."
In closing Mr. Chandik said; "DNA Crypto Corp. is set to deliver real value for DNA Precious Metals, Inc. shareholders. We have embraced the future so that our shareholders could benefit from the upside of a new wave in banking and commerce. With regards to our traditional mining activities, we urge shareholders to stay tuned. We are working on some important updates for the Montauban Mine Property located in Quebec, Canada and we will update the market in a timely manner."
About DNA Precious Metals, Inc.
DNA Precious Metals, Inc. is focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets. The company trades on the OTCQB market in the United States under the stock symbol DNAP. For more information, please go to www.DNAPreciousMetals.com.
On Behalf of the Company
James Chandik, Chief Executive Officer
Forward Looking Disclaimer
This release contains forward-looking statements that involve risks and uncertainties. Readers are referred to the Securities and Exchange Commission filings filed by the Company on EDGAR at www.sec.gov/edgar.shtml, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts' expectations or estimates or to publicly release any revisions to any forward-looking statements. The information contained in this press release should not be construed as any indication of the Company's future stock price, its revenues or results of operations.
SOURCE DNA Precious Metals Inc.