Buyer Group International, Inc. (BYRG.PK) Receives Copy of Executed Deed of Agreement From Lender Regarding Cash Backed Asset...
26 Aprile 2013 - 7:49PM
OTC Markets
April 26, 2013 - Austin, TX
Buyer Group International, Inc. (OTCMARKETS:BYRG) receives Executed
Deed
of Agreement from its Lender indicating identification for cash
backed assets in
excess of $120 million being provided as collateral in regard April
2nd
Joint Venture Letter of Intent with B2Digital(BTDG) for procuring
funding to prove
and bring into production an estimated 600 million tons of the
groups‘ claims
on roughly 2,940 acres.
BYRG is awaiting confirmation of the cash
backed assets being
provided by a top 25 global bank to secure the Lender upon which
the Lender will
establish the drawdown schedule for funding.
See BYRG public disclosure for full details.
Completion of
the proposed transactions and development of this property are
dependent upon
many important contingencies, including BYRG obtaining financing
and
guarantees, of which there is no assurance.
Safe Harbor Statement
Information in this news release may contain
statements
about future expectations, plans, prospects or performance of Buyer
Group
International, Inc. that constitute forward-looking statements for
purposes of
the Safe Harbor Provisions under the Private Securities Litigation
Reform Act
of 1995. The words or phrases "can be", "expects", "may
affect", "believed", "estimate", "project"
and similar words and phrases are intended to identify such
forward-looking
statements. Buyer Group International, Inc. cautions you that
any
forward-looking information provided by or on behalf of Buyer Group
International,
Inc. is not a guarantee of future performance. Completion of the
transaction is
dependent upon important contingencies, including completion of
financing, of
which there is no assurance. None of the
information in this press release constitutes or is intended as an
offer to
sell securities or investment advice of any kind. Buyer Group
International,
Inc.'s actual results may differ materially from those anticipated
in such
forward-looking statements as a result of various important
factors, some of
which are beyond Buyer Group International, Inc.'s control. In
addition to
those discussed in Buyer Group International, Inc.'s press
releases, public
filings, and statements by Buyer Group International, Inc.'s
management,
including, but not limited to, Buyer Group International, Inc.'s
estimate of
the sufficiency of its existing capital resources, Buyer Group
International,
Inc.'s ability to raise additional capital to fund future
operations, Buyer
Group International, Inc.'s ability to repay its existing
indebtedness, the
uncertainties involved in estimating market opportunities, and in
identifying
contracts which match Buyer Group International, Inc.'s capability
to be
awarded contracts. All such forward-looking statements are current
only as of
the date on which such statements were made. Buyer Group
International, Inc., does
not undertake any obligation to publicly update any forward-looking
statement
to reflect events or circumstances after the date on which any such
statement
is made or to reflect the occurrence of unanticipated events.
Source: Buyer Group International, Inc.
Investor Relations Management: Inter Global
Investments LLC
214-810-1317
ir@byrg.org
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