Sloud, Inc. subsidiary, Tosh Group, Acquires Mining Concessions in Kenema Sierra Leone
SAN DIEGO, Aug. 27, 2012 /PRNewswire/ -- Sloud, Inc., (Pink Sheets: SLOU) announced today that the company's subsidiary, Tosh Group, Ltd., has acquired additional mining concessions in the Kenema region of Sierra Leone, located in the central southern portion of the country. The size of the property is 10 acres and the company will be mining for alluvial diamonds and gold. The company expects to commence mining operation in 60-90 days. The concession consists of 10, one-acre licenses.
Tony Khodadad, CEO of Sloud, Inc., states, "Our goal has been to build a portfolio of properties that lay within the mineral rich regions of Sierra Leone. The Kenema district is well known for its diamonds and gold and we believe that our engineers can have this property fully operational during the 4th quarter."
About Sloud, Inc.
Headquartered in San Diego, CA, Sloud, Inc. is an international holding company with additional offices in Freetown, Sierra Leone. Sloud, Inc. seeks to build value through the development and support of its subsidiaries and license agreements with product and service providers that coincide with their overall business model. Currently, Sloud, Inc. is focusing on holdings in Mining Exploration, Gold and Diamond Export, and various Financial Services.
Forward-Looking Statements Disclosure
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