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FROM REAL ESTATE TO GOLD, FOR OSCEOLA GOLD'S SHAREHOLDERS
Business
Jun 8 2015
4 min read

FROM REAL ESTATE TO GOLD, FOR OSCEOLA GOLD'S SHAREHOLDERS

Today, Osceola Gold, Inc., a Colorado corporation ("Osceola"), formally announced that it consummated its agreement with Electronic Merchant Systems Rochester, Inc., a New York corporation ("EMSR"), and First Hudson Trust of New York, a Massachusetts trust operating under the laws of the State of Oklahoma ("First Hudson"); whereby, effective on May 1, 2015, Osceola succeeded to the control of National Properties Trust (formerly Encounter Development Technologies, Inc.) (US.ENTI.PK), a Colorado corporation, as the end result of a corporate reorganization following a “Mining Rights/Stock Purchase Agreement, Incident to Reorganization”.

Osceola is the holder of that certain (MAV 5 G) claim grouping in the Osceola Mining District located in White Pine County (Baker), Nevada, which district has demonstrated proven reserves and production from its various claim holders since the district's founding, circa 1872. The Osceola Mining District is probably the richest in placer gold production of all of Nevada's gold and precious metals mining districts.  The primary minerals that have been excavated in the Osceola Mining District have been gold and tungsten.  The Osceola Mining District remains rich in gold and trace minerals.  The claims immediately adjacent to Osceola's claim are currently operated by North America's largest mining companies; among them, Barrick and Kennecott, with many of the adjacent claims reporting production of 30,000+ ounces of gold.

Osceola is expected to commence mining its claim following the requisite notifications to the Bureau of Land Management, and will be mining its claim using traditional, non-chemical processes.  Osceola will be mining the MAV 5 G gold claim in accordance with a lease with Pizz Inc. Osceola, in conjunction with its lease arrangement with Pizz, possesses the option to acquire adjacent claims, following its initial development and excavation of its current proven claim.

During the past month, Osceola has been acquiring the requisite heavy equipment and other supplies in order to mine the claim, and, Osceola is in the process of negotiating to acquire other adjacent claims following its securing of the requisite capital requirements.

Presently, National Properties Trust's former Chairman and President, Randolph S. Hudson, is acting as the principal transitional officer during the changeover.

Mr. Hudson stated, "The opportunity for the Company's shareholders is tremendous.  EMSR and First Hudson Trust were not able to follow through with their plans to develop the Company as a real estate concern; however, after six months of evaluation, we believe that Osceola and its management are best suited for the Company's shareholders.  Moreover, I had dealings (in the early 1980's) with some of the people involved in Osceola while I served as the Vice-President of Geneva Mines, Ltd. of Salt Lake City, Utah.  They are experienced miners and they are accustomed to business management, too.  It just seemed like the best fit for our [former] company and our shareholders.  They're really great guys who have the grasp and understanding of mining and business and appear to be poised for success. In short, this transaction is in the best interest of the shareholders and I am therefore compelled to relinquish control to facilitate the pursuit of this opportunity.

Osceola has filed its requisite notifications to FINRA, OTC, and DTC, and is in the process of securing the services of a new stock transfer agent that will better fulfill the needs of its shareholders.

Moreover, Mr. Hudson is in the process of administratively installing Osceola's new officers and board of directors, which actions should be completed within the week.

The principal concern of Osceola's president-elect is its history.  His concern involved the company's past association with one of the stated business purposes of The Hudson and Grande Organization.  Contrary to the assumptions of a few shareholders, the Company's primary business purpose and plan of operations was that of real estate, and the company was never involved, directly or indirectly, in the cultivation, production, or sale of marijuana or any related byproduct.  Mr. Hudson confirmed this fact to the new control shareholders and to the individuals being installed as new officers and directors.  Mr. Hudson said, "One of the companies in our group was developing certain, cutting-edge concepts; however, after significant evaluation, Mike and I decided that course-of-action was not a good fit for us.  NPT was always promoted as a real estate concern under our control, as that is what Michael Grande and I envisioned."

For additional information, shareholders and investors are invited to contact Mr. Hudson at (702) 546-6480 or Osceola at [email protected].  Additional information is available from the OTC Markets' website at http://www.otcmarkets.com/stock/ENTI/profile.

This announcement is for informational purposes only.  The information contained herein is not an offer to sell or a solicitation to buy securities of any of the companies mentioned in this announcement as defined under the Securities Act of 1933.  Potential investors should carefully read all public filings that the Company has filed or will file with OTC Markets Group, Inc., and with other reliable information services.  Prior to making any investment, investors should always consult with a licensed financial advisor and legal professional to determine if the investment is suitable for you.

This announcement contains "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995), within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").  All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements.

Forward-looking statements include any statement or graphic that may project, indicate, or imply future results, events, performance, or achievements.  The forward-looking statements contained herein are based on current expectations that involve a number of risks and uncertainties.  These statements can be identified by the use of forward-looking terminology such as "projects", "believes", "expect", "may", "will", "should", "intend", "plan", "could", "estimate", or "anticipate", or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. Given the risks and uncertainties relating to forward-looking statements, investors should not place undue reliance on such statements.

Investors seeking to make an investment in penny stocks, buy stocks or funds, or make a stock investment to diversify a portfolio, should carefully evaluate and review all available information about the company and its principals.  Investing in the stock market based upon investment news or stock quote trends involves a high degree of risk and is not considered to be a safe investment such as investing in a money market account.  Investors should consult with your financial advisor before making any decision related to a money investment. Cautionary note to U.S. investors: The U.S. SEC limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. Certain terms, such as “reserves”, “resources”, “geologic resources”, “measured,” “indicated” and “inferred”, may not be consistent with the reserve definitions established by the SEC. U.S. investors are urged to consider to review and obtain copies of our filings from OTC Markets.com. In addition, while the terms “measured,” “indicated” and “inferred” mineral resources are required pursuant to NI 43-101, the Commission does not recognize such terms. Canadian standards differ significantly from the requirements of the Commission, and mineral resource information contained herein and in the documents incorporated herein by reference is not comparable to similar information regarding mineral reserves disclosed in accordance with the requirements of the Commission. Investors should understand that “inferred” mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. In addition, investors are cautioned not to assume that any part or all of our mineral resources constitute or will be converted into reserves.