Shelron Group in Advance Negotiations to Purchase Ongoing Gold Enterprise Candidate Gold-Related Company Brings Revenues and Experience in Gold trading
NEW YORK, November 5, 2012 /PRNewswire/ --
Shelron Group, Inc. (OTCBB: SRNG)(the "Company), is pleased to announce that the Company is in advanced negotiations to purchase a gold-related company with revenues.
This announcement comes at a time when Shelron Group has already secured an agreement to acquire 4,450 acres for gold exploration in Chile.
The Company is in the due diligence stage and is checking all legal aspects related to the deal. If this agreement goes through, it will add revenues and skilled manpower to Shelron Group's expanding gold-exploration activities. "Having an experience and collaborative team could potentially expedite the development and exploration of our estimated resources of gold in Chile", notes Eliron Yaron, President of Shelron Group.
About Shelron Group
Shelron Group, Inc. (SRNG) is a New York based mineral exploration and development company focused on acquisition, exploration, evaluation, and development of mineral resource properties in Africa and South America. The Company incorporated in Delaware and is headquartered in New York.
Additional information is available at http://www.Shelron-Group.com.
Safe Harbor Statement
There can be no assurance that an agreement with any party will be executed on acceptable terms or at all. Additionally, even assuming acceptable terms are reached, there can be no assurance that the required conditions of such transactions would be met.
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SOURCE Shelron Group, Inc.