Amalgamated Gold and Silver Inc. Is Pleased to Report the Extension of the Due-Diligence Period for Acquisition of the Mining Rights to the St. Anthony Mine
NEWS RELEASE TRANSMITTED BY Marketwired
FOR: Amalgamated Gold and Silver Inc.
JUNE 4, 2014
Amalgamated Gold and Silver Inc. Is Pleased to Report the Extension of the
Due-Diligence Period for Acquisition of the Mining Rights to the St. Anthony
Mine in Bolivia
MIAMI, FL --(Marketwired - June 04, 2014) - Amalgamated Gold and Silver Inc.
(AGS) (PINKSHEETS: BCHS) today announced that they have extended the
due-diligence period for acquisition of the mining rights on the San Antonio de
Turiri concession in Potosi, Bolivia.
The company has negotiated an extension of the due-diligence period to July 15,
2014. This is to accommodate the assay results and geological report and
recommendations of geologist Hernan Uribe.
"Preliminary reports are extremely encouraging and the company is
anxiously awaiting the final written submissions", Said Mr. Almero
Bourbon, VP of Mining, LATAM for AGS.
Reports and recommendations will be posted on the company website
www.ags-inc.co, OTC markets and via press releases.
The information in this press release constitutes "forward-looking
information". Other than statements of historical fact, all statements are
"Forward-Looking Statements" that involve such various known and
unknown risks, uncertainties and other factors. There can be no assurance that
such statements will prove accurate. Results and future events could differ
materially from those anticipated in such statements. Readers of this press
release are cautioned not to place undue reliance on these
"Forward-Looking Statements". Except as otherwise required by
applicable securities statutes or regulation, the Company expressly disclaims
any intent or obligation to update publicly forward-looking information,
whether as a result of new information, future events or otherwise.
FOR FURTHER INFORMATION PLEASE CONTACT:
Amalgamated Gold and Silver Inc.
80 SW 8 Street, Suite 2000
Miami Florida 31330 USA
INDUSTRY: Manufacturing and Production - Mining and Metals
-0- Jun/04/2014 12:00 GMT
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