AUSTIN, Texas, Oct. 5, 2012 /PRNewswire/ -- Buyer Group
International, Inc. (OTC PK: BYRG) ("BYRG" or the "Company")
received on August 5th, 2012 an executed offer for
Purchase and Sale of property in British
Columbia from private owners, two crown claims and three
cell claims on lands that encompass stockpiles of galena ores and
proven and probably or indicated reserves measured at close to
12,500 tons from three zones with existing worked adits. The
price for the initial property is $10
million and requires the Company to make a deposit of
$200,000 due upon acceptance and
promissory notes guaranteeing $800,000 in the following year plus terms of
$1 million per year for 10 years
until the property is paid in full. The group overlies a
mineralized lode system composed of silver-lead-zinc veins totaling
4,500 feet in length. The area has highways and property
access is easy with roads direct to the property.
Historic data from drill programs are being calculated now and
it is estimated that silver-zinc-lead deposits in the lode
system. Grab samples in the 1,000 ton dumps have indicated
sampling ranging from 1.95 opt as high as 156 opt of Silver.
Existing tunneling has indicated in areas that additional
indications of 12.11 opt up to as high as 471.46 opt of Silver with
significant concentrations of Lead and Zinc.
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
Heidi@pr-publicrelations.info
Telephone: 323-250-9904
ir@byrg.org
SOURCE Buyer Group International Inc.
