Stocks & Investing
Stocks and Investing
Stocks and Investing
Wed, September 28, 2011
Tue, September 27, 2011 Marquis Tech Holdings Looks to Secure Additional Gold Property
NEW YORK--([ BUSINESS WIRE ])--Marquis Tech Holdings, Inc. (Pink Sheets: MGRN), set to begin gold mining operations in the Cuyuni region of Guyana on November 1st, is positioning itself to have multiple mining properties in operation by year-end. The company is currently in negotiations to secure a Gold filled property that has Gold reserves in excess of $25M. This purchase will capitalize on current Gold prices which are at a record high.
Based on the current prices of Gold and the companya™s impressive successes in dealing in Guyana, the company is pulling out all stops and beginning an aggressive campaign of locating, securing, and developing the most strategically located blocks of land remaining in Guyana.
The company is in negations with multiple companies within the region who either have Gold filled properties or are looking to contribute additional capital toward operations.
The Marquis Board stated: aThis is more about developing a comprehensive plan of action while maximizing our cash flow. To the extent we can reinvest cash flows generated by Gold Mining properties back into additional Gold Mining properties, we will do it. With numerous deals on the table, it has been decided to focus on the most profitable deals first.a
About Marquis Tech Holdings
Marquis Tech Holdings, Inc. is currently in the process of building a successful portfolio of revenue generating technology and real estate assets. In our role as managers, operators, and marketers of technologies we believe that leveraging our industry experience and capitalizing on our strategic relationships are the best ways to achieve profitable results. Marquis' company philosophy is to acquire domestic and international companies which possess an inherent competitive edge whether it's derived through written law, intellectual property, or government contracts and inject the capital necessary to maximize earnings while pooling resources and managing the logistics to ensure all acquisitions operate in efficient harmony.
Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
SOURCE: Marquis Tech Holdings, Inc.
