AUSTIN, Texas, March 11, 2013 /PRNewswire/ -- Buyer Group International, Inc. (OTC Pink: BYRG) announces the following:
"The past several weeks have been very exciting for BYRG. We have been actively negotiating several large deals and are close to knocking open the doors to signing commitments granting BYRG exclusive ownership rights to interesting metals and mineral property. These locations are extremely valuable and have superior long term levels of potential. Part of the value proposition that BYRG has proposed includes bringing in financing to commence operations on these lands."
"We have been talking to and are about to sign a star consultant out of Washington D.C. to assist us with international financing from sources such as the Export-Import Bank of the United States, a federal agency that provides support for export of equipment and materials by U.S. companies. Such support is critical when you must move large amounts of equipment and material. The equity we receive from the property values will assist in proving up the valuation and potential of the properties we are concluding negotiations on." said David A. Bryant in a recent phone interview.
"The expansion of our team with consultants that have a solid track record in multi-million dollar deals is a must to our corporate strategy of placing talented and connected people on projects that will aid in the value we intend to drive to our shareholders. We don't want to stop there, however. We have also discussed with our holdings trustee the opportunity to prove up 440 acres in the Wyoming area and have received verbal approval to start the process to demonstrate the real value in the lands held by our group. When you imagine the potential, properties with huge proven reserve deposits and the financing to bring it to market is a home run" David Bryant was quoted as saying.Completion of the proposed transactions is dependent upon many important contingencies, including BYRG obtaining financing and guarantees, of which there is no assurance.