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The company
has received some questions from shareholders or future shareholders and
decided to answer them using the OTCmarkets.com disclosure service instead of
answering individual emails.
1)
When will the company be back in operations from the holiday break?
The
company previously released the following:
“The company also announced today that on
December 20, 2014 all company-mining operations will break for the Christmas
holidays. Operations will restart on or about January 10, 2015. Since employees
live at the mining camps full time throughout the year, this is their chance to
spend time with their families. The company anticipates reduced production for
the month of December 2014 and possible also during the month of January 2015.”
The
company anticipates its Suriname site will be the first to come back on line
sometime in the first week of January 2015, ahead of schedule. The bulk
purchase copper campaign in Peru will be back in operations the first week of January
2015.
2) Has the company received any offers for any of its Gold claims?
Yes, but the company is not actively looking to list any of its claims or equipment for sale. The company has received various inquiries about selling parts of its assets but has not received anything of substance or merit. The company is, however, seeking out financing to help advance its current projects. The company’s focus for 2015 is advancing its current projects and operations.
3) Is the company planning on a reverse split?
The company completed a reverse
split the first week of November 2014.
This corporate action was approved by FINRA and disclosed by FINRA
according to its requirements.
4) How many shares of the companies stock have the offers of the company or any of its affiliates sold in the last 24 months?
None. No Company Officer or any affiliate of the companies officers
have sold any stock in the last 24 months. Additionally, no company officer has
received his salary through payroll for work performed on behalf of the company during that same time period. Salaries were
deferred or converted into restricted common shares. Common shares held by
Company officers were included the November 2014 reverse.
Pictures and videos of the copper campaigns can be found at www.graystone1.com
Or on the companies flicker page: https://www.flickr.com/photos/68047029@N04/
Or youtube channel: http://www.graystone1.com/our-videos-2
Or facebook: https://www.facebook.com/pages/The-Graystone-Company- Inc/244666725585694
Notice Regarding Forward-Looking Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report for the most recent fiscal year, our quarterly reports and other periodic reports filed from time-to-time with the Securities and Exchange Commission and or otcmarkets.com
This press release may also contain or refer to forward-looking information under SEC securities legislation and may include statements regarding the estimation of mineral resources, exploration results, potential mineralization, and exploration and mine development plans, and is based on current expectations that involve a number of business risks and uncertainties. Forward- looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward- looking statements. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law.
Contacts: The Graystone Company, Inc. Alfred Mendoza (702) 289-4827 info@graystonegold.com
