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Buyer Group International, Inc. (BYRG.PK) Receives Copy of Executed Deed of Agreement From Lender Regarding Cash Backed Assets For Joint Venture on Feldspathic Sand/ Feldspar Aramco Mineral Claims
Buyer Group International, Inc. (BYRG.PK) Receives Copy of Executed Deed of Agreement From Lender Regarding Cash Backed Assets For Joint Venture on Feldspathic Sand/ Feldspar Aramco Mineral Claims.
About this update from Buyer Group International, Inc.
[{"type":"text","content":"April 26, 2013 - Austin, TX \nBuyer Group International, Inc. (OTCMARKETS:BYRG) receives Executed Deed\nof Agreement from its Lender indicating identification for cash backed assets in\nexcess of $120 million being provided as collateral in regard April 2nd\nJoint Venture Letter of Intent with B2Digital(BTDG) for procuring funding to prove\nand bring into production an estimated 600 million tons of the groups‘ claims\non roughly 2,940 acres. \n\nBYRG is awaiting confirmation of the cash backed assets being\nprovided by a top 25 global bank to secure the Lender upon which the Lender will\nestablish the drawdown schedule for funding.\n\nSee BYRG public disclosure for full details. Completion of\nthe proposed transactions and development of this property are dependent upon\nmany important contingencies, including BYRG obtaining financing and\nguarantees, of which there is no assurance.\n\nSafe Harbor Statement\n\nInformation in this news release may contain statements\nabout future expectations, plans, prospects or performance of Buyer Group\nInternational, Inc. that constitute forward-looking statements for purposes of\nthe Safe Harbor Provisions under the Private Securities Litigation Reform Act\nof 1995. The words or phrases \"can be\", \"expects\", \"may\naffect\", \"believed\", \"estimate\", \"project\"\nand similar words and phrases are intended to identify such forward-looking\nstatements. Buyer Group International, Inc. cautions you that any\nforward-looking information provided by or on behalf of Buyer Group International,\nInc. is not a guarantee of future performance. Completion of the transaction is\ndependent upon important contingencies, including completion of financing, of\nwhich there is no assurance. None of the\ninformation in this press release constitutes or is intended as an offer to\nsell securities or investment advice of any kind. Buyer Group International,\nInc.'s actual results may differ materially from those anticipated in such\nforward-looking statements as a result of various important factors, some of\nwhich are beyond Buyer Group International, Inc.'s control. In addition to\nthose discussed in Buyer Group International, Inc.'s press releases, public\nfilings, and statements by Buyer Group International, Inc.'s management,\nincluding, but not limited to, Buyer Group International, I...