15.03.2018 13:00:00
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iMD Companies, Inc. In Negotiation to Acquire Valuable Gold and Precious Metal Lodge and Placer Mining Claims in Nevada
PLACERVILLE, CA, March 15, 2018 /CNW/ - iMD Companies, Inc. (OTC: ICBU) Board of Directors announced today that the company is in negotiations to acquire valuable mining claims, which have gold and precious metal findings that can be extracted and mined. The company is looking at several targets to acquire that fit within the business space of the company's operations. It is estimated that these claims have recoverable Gold and Precious Metal assets in the amount of 500 million to 1 billion dollars. The company is currently doing its due diligence on the claims to make sure everything is in order. Once claims are acquired the company will have a 43-101 report prepared on the claims. This will give the company and its shareholders an accurate report on the mineral resources and the economic value of the claims.
The mining claims have the precious metal family of Gold, Silver, Platinum, Palladium and Rhodium as well as other metals. The company believes that the current mining operations that it already owns as well as others that it will be closing on soon have the expertise to mine the claims and extract the precious metals. The company will complete a definitive agreement after due diligence process and will announce further developments as they are completed.
About iMD Companies, Inc. www.imdcompaniesinc.com
IMD Companies, Inc., (ICBU) is a Florida corporation, engaged in the manufacturing, extraction and distribution in mining and asset accumulation of revenue producing companies. The company is positioned to be a holding company for acquisitions in the mining industries. The company and the principals of the management team have extensive backgrounds in finance, manufacturing, marketing and distribution. ICBU's goal is to create and increase shareholder value by tactically growing our business while strategically seeking to acquire new business and create other business alliances, which generate increased revenues and earnings.
Safe Harbor Statement:
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements.
View original content:http://www.prnewswire.com/news-releases/imd-companies-inc-in-negotiation-to-acquire-valuable-gold-and-precious-metal-lodge-and-placer-mining-claims-in-nevada-300614535.html
SOURCE IMD Companies, Inc.
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