Buyer Group International, Inc. (BYRG.PK) Releases White Paper on
Greenland, Express Strategy to Explore Strategic Metal Assets
Similar to China's Demand
AUSTIN, Texas, Nov. 8, 2012 /PRNewswire/ -- Buyer Group
International, Inc. (OTC PK: BYRG) ("BYRG" or the "Company") today
released a White Paper on Greenland's natural resources potential.
The advisors at BYRG choose to do this to illustrate the enormous
potential of investing in such areas as Greenland, given China's recent multi-billion dollar
investments made in Greenland and
China's expressions that
Greenland is of major strategic
importance to the country's long term viability and growth.
White Paper is available at http://www.byrg.org/news.html
As reported earlier, BYRG entered into a Letter of Intent for a
joint venture to acquire part interest in 360,000 acres of land in
Greenland rich with deposits of
Iron, Titanium and Vanadium ores. Initial reports indicate
rich reserves comparable with other major world sites and
exploration is underway to establish recoverable estimates which
are already estimated to be at over 1 billion tons of raw ore
material.
"We see enormous potential in Greenland's natural resources," said
Dave Bryant, President of BYRG. "Our
goals are to execute in the very near term a business development
program centered around increasing holdings and production of
mineral reserves for both long term management and short term
development and production that can be sold on the current
market."
BYRG and its advisors believe that strategic development of
mineral rich lands will give the shareholders the best long term
returns of any industry including government and municipal
investment. The current world malaise and existing market
conditions only strengthen that position. It is important to
note that successful conclusion these projects and prospects are
subject to numerous material contingencies, including financing,
obtaining certain guarantees, further due diligence, and
exploration and operating results, of which there are no
assurances. BYRG will do its best to initiate ethical best
practices to ensure the best odds and maximize this potential.
Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Buyer Group
International, Inc. that constitute forward-looking statements for
purposes of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be",
"expects", "may affect", "believed", "estimate", "project" and
similar words and phrases are intended to identify such
forward-looking statements. Buyer Group International, Inc.
cautions you that any forward-looking information provided by or on
behalf of Buyer Group International, Inc. is not a guarantee of
future performance. Completion of the transaction is dependent upon
important contingencies, including completion of financing, of
which there is no assurance. None of the information in this press
release constitutes or is intended as an offer to sell securities
or investment advice of any kind. Buyer Group International, Inc.'s
actual results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond Buyer Group International, Inc.
's control. In addition to those discussed in Buyer Group
International, Inc.'s press releases, public filings, and
statements by Buyer Group International, Inc.'s management,
including, but not limited to, Buyer Group International, Inc.'s
estimate of the sufficiency of its existing capital resources,
Buyer Group International, Inc.'s ability to raise additional
capital to fund future operations, Buyer Group International,
Inc.'s ability to repay its existing indebtedness, the
uncertainties involved in estimating market opportunities, and in
identifying contracts which match Buyer Group International, Inc.'s
capability to be awarded contracts. All such forward-looking
statements are current only as of the date on which such statements
were made. Buyer Group International, Inc. does not undertake any
obligation to publicly update any forward-looking statement to
reflect events or circumstances after the date on which any such
statement is made or to reflect the occurrence of unanticipated
events.
Media Contact:
Heidi Gillion
www.pr-publicrelations.info
Heidi@pr-publicrelations.info
Telephone: 323-250-9904
ir@byrg.org
SOURCE Buyer Group International, Inc.