Business
Placement of shares
Placement of shares.
About this update from Sstartrade Tech, Inc.
[{"type":"text","content":"SStartrade Tech Inc. is in negotiations and has decided to place an initial batch of newly issued shares with selected European purchasers.This initial package shall start a series of Private Placement releases aimed at financing the furtherance of research work on the cores and samples gathered during the recent survey excavations.This after the certification of the presence of gold in the quantity of 3 to 5 tonnes in selected evaluation areas of the concession, quantity to be ascribed to the State Balance. Further analysis is conducted to certify the original inventory findings, at the moment in P1 and P2 with 177,53 tonnes, certifying quantities to be quoted as C1 and C2 reserves. This following business plan for full evaluation and certification of reserves during year 2018.The same business plan foresees, for the year 2018, theContinuation of prospecting and evaluation geological exploration works Acquisition of mining and quarrying equipment Design of the gold-processing complex Design of the small hydroelectric power station Trial gold mining This research and analysis work not only is it to certify this presence but also shall identify areas where the initial mining effort is to take place in order to ensure best results from the beginning of mining operations.","length":1357,"tagName":"div"}]