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Last $0.0012 USD
Change Today 0.0001 / 9.09%
Volume 500.2K
KHGT On Other Exchanges
As of 8:10 PM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

kalahari greentech inc (KHGT) Key Developments

Kalahari Greentech May Sell Or Seek Joint Venture For Property

Kalahari Greentech, Inc. (OTCPK:KHGT) had last week announced the acquisition of a mining lease on the New Light Mine project located in northern Washington State. The company may sell or seek joint venture partners for the property. The company stated: “Our plan moving forward is to exploit this opportunity and build Kalahari into a company based on past producing properties with low overhead. We expect to work with outside consultants in an effort to explore these properties and move them to the next level. At that point, we would expect to sell the property, if the market is strong, or enter into a joint venture with a larger producer. We are continuing to look for more properties in both North and South America to enhance our business model.”

Kalahari Greentech, Inc. Acquires Mining Lease on New Light Mine Project Located in Northern Washington State

Kalahari Greentech, Inc. has acquired a mining lease on the New Light Mine project located in northern Washington State, which is a gold and silver project. The lease on the New Light Mine was acquired for an undisclosed amount of cash and restricted stock, along with a production royalty of 2% of net smelter returns. The New Light Mine is a former producing mine in the Slate Creek Mining District. Previous production in the area occurred on what is now unpatented land administered by the U.S. Forest Service lying within the Wenatchee-Okanogan National Forest, in which the claims acquired the lease on are located.

Kalahari Greentech, Inc. Announces Distribution Agreement for Honeymark International, LLC

Kalahari Greentech, Inc. offers Honeymark products to its network of natural food retailers. Honeymark International markets a line of natural skin care products containing Manuka Honey, which is a special type of honey that has been receiving increased notoriety for its healing properties. Manuka Honey has natural antibacterial, antimicrobial, antiseptic, antioxidant, anti-inflammatory and anti-fungal properties, which makes it one of the most valuable substances for treating a variety of skin conditions. Honeymark offers numerous variations of Manuka Honey, Manuka Honey Capsules, First Aid Antiseptic Lotion, Acne Cream, Anti-Itch Cream, Anti-Fungal Cream, Anti-Wrinkle Serum, Manuka Honey Bar Soap, Liquid Hand Soap, Antiseptic Spray, and many other types of personal and first aid products through this agreement.


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