Business
NexGen Mining Positioned for Growth after the Finalized Sale of Its Frac Sand Assets
NexGen Mining Positioned for Growth after the Finalized Sale of Its Frac Sand Assets.
About this update from Nexgen Mining, Inc.
[{"type":"text","content":"\n \n NexGen Mining Incorporated (OTCPK:NXGM) (“NexGen” or the “Company”), \n formerly known as Brilliant Sands Incorporated, is proud to announce \n that it finalized the agreement for the sale of its frac sand assets in \n October 2017. The Company held a shareholder meeting on December 29, \n 2017 to approve and ratify the sale of the frac sand assets and change \n the company name to NexGen Mining Incorporated. The Company is currently \n quoted on the OTC Pink marketplace under the ticker symbol “NXGM”.\n \n \n As a result of the sale of the Company’s frac sand assets, NexGen Mining \n is in a financially strong position and are currently evaluating \n advanced stage precious and strategic metal projects. “Returning to the \n core of our business is a natural evolution of our Company. The sale of \n our frac sand assets positioned NexGen for substantial future growth \n when advanced stage precious and strategic metal asset acquisitions are \n complete,” said Marc J. Andrews, NexGen’s President and Chief Executive \n Officer.\n \n \n Forward-Looking Statements\n \n \n Except for the historical information contained herein, certain \n matters discussed in this press release are forward-looking statements \n which involve risks and uncertainties. These forward-looking \n statements are based on expectations and assumptions as of the date of \n this press release and are subject to numerous risks and uncertainties \n which could cause actual results to differ materially from those \n described in the forward-looking statements. Forward-looking \n statements can be identified by, among other things, the use of \n forward-looking language, such as the words \"plan,\" \"believe,\" \"expect,\" \n \"anticipate,\" \"intend,\" \"estimate,\" \"project,\" \"may,\" \"will,\" \"would,\" \n \"could,\" \"should,\" \"seeks,\" or \"scheduled to,\" or other similar words, \n or the negative of these terms or other variations of these terms or \n comparable or similar language, or by discussion of strategy or \n intentions. Such forward-looking statements include, without \n limitation, statements regarding future business strategy, plans and \n goals and other statements that are not historical facts. \n Forward-looking statements address activities, events or developments \n that th...