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MARKRAY CORP ANNOUNCES THE NEW PRODUCT CERTIFICATION
USA, Delaware , March, 26, 2014 - Markray Corp. (OTC Pink: RVBR) announces that
begins the new product certification - the transparent iron oxide pigment. The
Company prepares needed documentation for representation in the All-Russian
centre of production and services certifications. After certification finish
the Company will start production. Within two years the company will reach in
300 000 ton/year production volume. It will generate a cash flow of $500-600
million. Commodity production on the basis of innovative technologies will
allow to reduce production cost in comparison with competitors by 25-30%.
?Annual growth rate of the market the transparent
iron oxide pigment is 20-25%. The Company sees high potential in this
direction, the market even taking into account import is far from saturation.
The wide range of a product application
guarantees stable sale" - said Borisov Alexey, Markray Corp.
president
About
Markray Corp.
Markray is in the business of extracting precious metals and transparent iron-oxide pigment from technogenic
dumps which are all above ground. A geological audit of its current
reserves concludes that there are the following minerals in the stockpile
currently being processed:
Gold: 2 186 495 ounces; Silver: 23 781 350 ounces; Platinum: 115 756 ounces ;
Transparent
iron-oxide pigment: 9,000,000 tons
Forward-Looking
Statements
This news release contains "forward-looking statements," as
that term is defined in Section 27A of the United States Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934. Statements in this
press release that are not purely historical are forward-looking statements and
include any statements regarding beliefs, plans, expectations or intentions
regarding the future.