Business
Standard Metals Processing, Inc. Announces Corporate Name Change To Cambrian Minerals Group, Inc. To Reflect Broader Business Strategy
Standard Metals Processing, Inc. Announces Corporate Name Change To Cambrian Minerals Group, Inc. To Reflect Broader Business Strategy.
About this update from American Clean Resources Group Inc.
[{"type":"text","content":"\n\n\n\nStandard Metals Processing, Inc. Announces Corporate Name Change To Cambrian Minerals Group, Inc. To Reflect Broader Business Strategy\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nStandard Metals Processing, Inc. Announces Corporate Name Change To Cambrian Minerals Group, Inc. To Reflect Broader Business Strategy\nPR Newswire\nNEW YORK, Sept. 9, 2015\n\n\n\nNEW YORK, Sept. 9, 2015 /PRNewswire/ -- Standard Metals Processing, Inc., \"SMPR\", (OTCBB: SMPR), announced today that it is changing its corporate name to Cambrian Minerals Group, Inc.  \n\nThe name change reflects a re-branding initiative to better align the Company's name with its current and future strategy. \n\n\"The new name – Cambrian Minerals Group, Inc. – allows us to emphasize our new business objective of providing a full suite of strategic services to junior and mid-sized mining companies around the world,\" said Bobby Cooper, CEO of Cambrian Metals Group, Inc.\n\n\"As our new management team identified opportunities to take advantage of the current dislocation in the commodity markets and formulated our new strategy, it was clear that we needed a new name to better represent the scope of the Company's offerings.  The name change to Cambrian Minerals Group reflects the broader focus and strategic solutions we now provide to smaller mining operations, which include financing, processing and management expertise in consideration for long-term royalty, metals streams and material feedstock contracts,\" continued Cooper. \n\nIn alignment with the name change, the Company will shortly be announcing its new website, logo and ticker symbol.\n\nAbout Standard Metals, Inc.The Company intends to refocus its efforts into the acquisition and creation of royalty and streaming contracts with junior and mid-size mining companies in order to provide financing to develop or improve their mineral properties. Royalty and streaming arrangements are structures that have been successfully implemented by companies such as Royal Gold, Franco-Nevada, Silver Wheaton, and others. These structur...