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