BYRG Buyer Group International Inc (PK)

Joint
Venture Participation Letter of Intent reached between BTDG, BYRG and Voth
International, Inc.

B2Digital, Inc. (BTDG) and Buyer Group International,
Inc.(BYRG) have signed a Letter of Intent aimed at raising $120 million in debt
round financing utilizing the past producing Aramco Land and Minerals Inc.
claims operation west of Phoenix, Arizona as collateral for funding
the venture.  The venture seeks to confirm and prove up an estimated 600
million tons pertaining to the groups 147 claims on roughly 2,940 acres.

Participation interests include 50% for BTDG, 25% for
BYRG, and 25% for Voth International, Inc.  BTDG will provide the property
including full access along with potential sales exits, and BYRG joins effort
in procuring private equity and raising debt financing and managing creative
content, and finally Voth International, Inc. for procurement of cash backed
assets pending confirmation at the third party facilitators bank, who familiar
with the deal has documented to BYRG a similar transaction at a top six US
financial institution.  BYRG issued $1 million in equity along with
private partners totaling $5 million in common shares of BYRG to be contributed
pending confirmation and disclosure of initial availability of cash funds as
provided by a US bank on behalf of the Joint Venture due within the next 30-45
days.

BYRG has executed loan documents and is awaiting
confirmation of the cash backed assets to be sent to the financing group. Upon
confirmation the financing group will establish a draw down schedule for
funding BYRG to invest to the Fedlspath/Feldspar project.  Initial funding is
anticipated to be finalized within 7-10 days of confirmation of the funds
available against the cash backed assets.  Upon funding, a full report
analysis per Guide 7 and National Instruments 43-101 based upon previous
testing and production is complete the property will serve as a basis for
procurement additional private capital and possible re-financing.  Past
production on the property included sales in the Arizona and Southern California
construction and recreational markets through big-box construction retailers
which curtailed with the housing bubble collapse.  Future anticipated
outlets will include regional uses such as the USGA golf course augmentation
and coastal beach restoration around the United States, as well as potential
off-taker contracts with interest indicated out of China, Shanghai region, in
bulk for final use in stucco, mortar, and other specialized construction
applications locally and abroad.

*Regional
Feldspathic/Silica deposits are situated within The Buckeye Pluton.  The Buckeye Pluton is generally considered to
be a fine to medium grained peraluminous two-mica granite. The deposit is
composed of a medium to coarse-grained porphyritic granite and is a distinct
unit located within the south central region of the Buckeye Pluton.  The highly unique nature of the
coarse-grained mineralogy of the deposit has significant economic benefits that
will allow ALMI to produce desirable products at a premium price in the market place
relative to other sand products (either natural river-bottom sand or crushed
granite sand). *Source - Feldspathic/silica deposit brochure ARAMCO LAND AND
MINERAL, INC.

It
is important to note that BYRG has a minority interest in proposed project and is
providing information as represented to BYRG.  See BYRG public disclosure
for full details. Completion of the proposed transactions and development of
this property are dependent upon many important contingencies, including BYRG
obtaining financing and guarantees, of which there is no assurance.

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.

BYRG Company
website: www.byrg.org

BTDG Company website: www.b2digital.us

Both companies disclosures statements are found at www.Otcmarkets.com

Investor Relations Contact: Inter Global Investments LLC
214-810-1317
ir@byrg.org

Buyer (PK) (USOTC:BYRG)
Historical Stock Chart
Von Okt 2024 bis Nov 2024

Buyer (PK) (USOTC:BYRG)
Historical Stock Chart
Von Nov 2023 bis Nov 2024