NEW YORK, Nov. 3, 2014 /PRNewswire/ -- Harmonie Mineral Resources Corporation (HMRC) a Texas Corporation on Thursday the 30th of October finalized negotiations with Harmonie International LLC to form the 2014 Harmonie Oil Partnership. As a result of this partnership HMRC announces today that it will seek to file for an Initial Public Offering ("IPO") and become publicly held. HMRC expects to seek regulatory approval of its IPO within the next seventy-five days. If successful, the company would become one of the new breed of publicly held oil and gas start-up companies.
The world's increasing energy needs will in part be met by the emergence of North America as an energy export province for oil and gas. The 2014 Harmonie Oil Partnership has prodigious hopes to partake in supporting the US movement towards meeting the energy needs. One of HMRC's founders Randall Crater made the following statement:"This is an exhilarating time for Harmonie Mineral Resources Corporation, and operationally we relish the opportunity to participate in our first major energy deal that potentially has over two billion dollars of proven oil assets in ground to start with. The 2014 Oil Partnership permits us to partner with a major player in the petroleum industry, our partners Harmonie International LLC have world-wide experience in the oil and gas business. HMRC's core team members believe that an IPO would help further our operational objectives, while lending further credibility to our company's future endeavors." HMRC also seeks to be on the forefront of a new frontier by consenting to sell or trade some of the partnerships production from this union with Harmonie International LLC via usage of the crypto-currency exchange platform MYBIGCOINPAY Inc. The company has engaged attorney Adam S. Tracy and the securities law firm of the Securities Compliance Group and will be engaging a PCAOB auditor to audit the company's financial statements in the coming days.
The company's expectation is to have its common stock listed on the Over the Counter marketplace.
About Harmonie Mineral Resources Corporation
Harmonie Mineral Resources Corporation is a company on the mission of creating value efficiently with good returns. We are about making money and returning money to our equity holders. Our main goal is to stay lean, control costs, stay focused and mitigate our risk by balancing higher risk in some areas and lower risk in others.
Safe Harbor Statement
Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and may involve a number of risks and uncertainties. Forward-looking statements are based on information available to management at the time, and they involve judgments and estimates. Forward-looking statements include expressions such as "believe," "anticipate," "expect," "estimate," "intend," "may," "plan," "predict," "will," and similar terms and expressions. These forward-looking statements are made based on expectations and beliefs concerning future events affecting Harmonie Mineral Resources Corporation and are subject to various risks, uncertainties and factors relating to Harmonie Mineral Resources Corporation Corporations operations and business environment, all of which are difficult to predict and many of which are beyond Harmonie Mineral Resources Corporations control, which could cause Harmonie Mineral Resources Corporations actual results to differ materially from those matters expressed in or implied by these forward-looking statements. New risks and uncertainties arise from time to time, and it is impossible for Harmonie Mineral Resources Corporation to predict these events or how they may affect it or its anticipated results. Harmonie Mineral Resources Corporation has no duty to, and does not intend to, update or revise the forward-looking statements in this release, except as may be required by law. In light of these risks and uncertainties, readers should keep in mind that any forward-looking statement made in this press release may not occur. All data presented herein is as of the date of this release unless otherwise noted.
Adam S. Tracy, Esq.
Securities Compliance Group, Ltd.
SOURCE Harmonie Mineral Resources Corporation