Swingplane Ventures Inc. (SWVI): AMEC On-Site At Algarrobo Property
SANTIAGO, Chile, April 15, 2013 /PRNewswire/ -- Swingplane Ventures, Inc. (OTC-BB: SWVI) (the "Company" or "Swingplane") is pleased to announce the completion of the site visit by AMEC on our Algarrobo property.
On March 06, 2013 the Company contracted AMEC International Ingenieria y Construccion Ltda. ("AMEC"), to undertake a site visit and produce a qualitative statement regarding the mineral potential of the Algarrobo Property, which will come in the form of a due diligence report. AMEC is an international engineering, consulting and project management company. AMEC completed the property visit last week. We will provide further updates as we get information from AMEC.
Currently the Company is in negotiations with funders in regard to financing Algarrobo who have advised that this action demonstrates that the Company is taking all of the right steps in regard to verification of the project.
Management is in negotiations with potential funders for debt and equity funding, or possible joint venture partnerships. The Company will report further on the negotiations in a subsequent press release.
This press release was reviewed and authorized by AMEC before it was released as required under our executed agreement with AMEC.
Carlos De la Torre
President and Director
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Investor relations: 1-800-253-1692
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SOURCE Swingplane Ventures, Inc.
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