BTDG - B2 Digital Media Inc (BTDG.PK) Hot Penny stocks alerts, on BTDG.PK b2digital media
B2 Digital, Inc. (Pink Sheets: BTDG) announced today it has entered into preliminary discussions with an Asian investment fund which has expressed strong interest in investing up to $20 million dollars to accelerate the development of the mining leases B2 Digital is now managing under the terms of the new Joint Venture Agreement with Firma Gold.
Stéphane LeBlanc, President of Firma Gold, Inc. said "We made initial contact with this investor group some time ago and their interest has heightened since we have now found a Joint Venture Partner in B2 Digital BTDG.PK." Mr. LeBlanc continued "This fund is particularly interested in B2 Digital's status as a publicly traded company, as well as their ability to
BTDG.PK
Firma Gold's ownership of mining leases at Courville and Larienne Quebec have estimated gold reserves of over 1.5 million ounces, based upon geologists reports and an NI 43-101 technical report drilled to 50 meters. The properties are in the Val D'Or and Malartic regions, both of which are well known to be extremely rich in gold. In February of this year, Montreal-based Osisko Mining (TSX: OSK) announced an
estimated 9 million ounce gold reserve estimate for its Malartic open pit project in Quebec.
B2 Digital President, Paul LaBarre, stated "The ongoing dialogue for this major investment initiated by Firma Gold is a very positive development. We believe it validates the opportunity this Joint Venture holds for our shareholders. BTDG.PK Even though we are in the initial stages of these negotiations with the terms yet to be agreed upon, we are very excited about the potential."
Mr. LaBarre further commented that "B2 Digital is presently considering a name change to better reflect its change in business direction with its primary focus within the resource and mining sector."
About B2 Digital BTDG.PK
B2 Digital is dedicated to seeking acquisitions and joint ventures within the resource sector and in particular mining properties that contain gold and silver reserves.
Management of its subsidiary has many years of experience in the exploration and operations of mining assets. B2 Digital BTDG.PK is currently in the process of divesting itself of some of its technology assets. More information on BTDG.PK B2 Digital can be found at:http://www.b2digital.us.
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http://hotpennystocks.co B2 Digital, Inc. (Pink Sheets:BTDG) announced today its Board of Directors has requested certain conditions be met by Sino-Can Industrial Holdings Group Ltd. pursuant to a resolution of its Board of Directors on September 16, 2010, to accept an offer from Sino-Can of $0.15 a share for all outstanding shares of B2 Digital.
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