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$12.5 million Note Receivable acquired by Gold & Silver Mining of Nevada, Inc.
Published Apr 30 2014
5 min read

$12.5 million Note Receivable acquired by Gold & Silver Mining of Nevada, Inc.

The company is pleased to announce that it has acquired a $12.5 million portion of a note receivable for 34 million restricted shares.  The company through it?s subsidiary CJT Mining, Inc. will own $12.5 million dollars of the note receivable and the other 12.5 million will be owned by Collins Mining. 

 

The note in question is in good standing and Gold and Silver Mining of Nevada, Inc. through CJT Mining, Inc. will receive payments on the note over the next year per the agreement.   

 

Visit to our web site at www.goldandsilvermining.com and OTC Markets (CJTF) news and note the other news releases about production for 2014 as well.

 

About Gold and Silver Mining of Nevada, Inc.  The company is rapidly becoming a significant  junior mine company with near term production ore deposits from several locations in Nevada, Arizona and California.  All company assets are owned in the name of CJT Mining, Inc. and are co-owned 50/50 with Collins Mining. 

 

For more information, please visit our web site and/or call 801-679-3945. 

 

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995  This news release may contain forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

 

Contacts:

Gold and Silver Mining of Nevada, Inc.

Fred Anderson 801-679-3945