LAS VEGAS, Feb. 5, 2013 /PRNewswire/ -- Uranium Hunter Corporation (OTCPink: URHN) wishes to announce that it has issued a letter today announcing the signing of an agreement with First Swiss International Group Inc. to act as lead funder on a $20,000,000 private placement and as its investment consultant and adviser in connection with Uranium Hunter Corporation's mining business.
"We are pleased to have signed this Agreement with Uranium Hunter Corporation and to be able to provide them with the financing necessary to grow their business," commented Jeff Thompson, President of First Swiss International Group. "We believe this is an exciting opportunity for Uranium Hunter Corporation at a time when resources are benefiting from the money printing of the central banks around the world. First Swiss will underwrite the offering and expects to have it closed this year; we will also assist Uranium Hunter Corporation with the overall growth strategy."
"We are optimistic that Uranium Hunter's aggressive plan to develop its business will benefit from First Swiss's relationships and funding capabilities," commented Gregory Ellis, President of Uranium Hunter Corporation. "Having First Swiss as our strategic funding and advisory partner is of enormous importance to our overall execution of our business plan. We will review all opportunities presented to us by our strategic partner with the objective to maximize shareholder value."
The scope of work to be conducted by First Swiss, on top of their money raising commitment will include representing and advising Uranium Hunter Corporation on its business activities and other related matters including (a) conducting due diligence with respect to potential target companies and cooperative partners; (b) providing related advice on procedures involved with merger and or acquisition targets; (c) assisting in drafting, reviewing, commenting on and negotiating any related agreements/documents; and (d) providing ongoing regulatory advice with respect to Uranium Hunter's business.
First Swiss International Group AG. is a premier, full-service venture capital, mergers and acquisitions and consulting firm with recognized foreign direct investment, M&A, and finance departments.
About First Swiss International Group AG:
First Swiss is a Swiss based commodities trading and asset management group providing financing and strategic oversight for development projects between USD $10MM - USD $750MM. First Swiss seeks equity partnerships in projects of demonstrable directional and risk advantage and can provide financing with immediacy. Our investment portfolio includes a range of industries and PPIP development concepts, and it is our objective to create an immediate and lasting value impact via our principled and transparent approach.
For further information please visit: www.firstsig.com
About Uranium Hunter Corporation
Uranium Hunter (OTCBB: URHN) through its wholly owned subsidiary Cuyuni Mining mission is to build a fully-integrated uranium, gold, precious metals and gemstone production company that incorporates exploration, development, acquisition, mining, ore processing and sales. We target historically proven and highly prospective properties in South America and Africa, which can come to production quickly. For more information visit our website www.cuyunimining.com
This press release contains forward-looking statements, particularly as related to, among other things, Uranium Hunter's business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, and other factors that may cause Uranium Hunter's actual results, performance or achievements, or developments in its industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks, uncertainties and other factors that are detailed in Uranium Hunter's Quarterly and Annual Reports and other documents Uranium Hunter files from time-to-time. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Uranium Hunter cautions readers not to place undue reliance on such statements. Uranium Hunter does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from Uranium Hunter's expectations and estimates.
For more information contact us at:
Uranium Hunter Corporation
SOURCE Uranium Hunter Corporation