LAS VEGAS, Feb. 5, 2015 /PRNewswire/ -- Calissio
Resources Group Inc. (OTC: CRGP) is pleased to report record
earnings and production for the 4th quarter of 2014 and
year-end. Gross profit before general expenses and taxes in
the 4th quarter increased 21.6% percent over the
previous quarter, and production increased 28.2% over the same
period. 2014 gross profit and production both increased by
more than 700% over 2013, on 2014 gross revenues of US$15,693,667. The Company's 2014 annual
financial statements will be published with the OTC Markets in the
coming weeks after the year-end report and processes are completed.
Calissio is also anticipating continued earnings and
production increases in 2015, as a result of the significant
exploration, development and facility expansion activities
conducted in the last half of 2014.
"We are extremely proud of our accomplishments for 2014, with
earnings and production increases for 4 consecutive quarters in
2014, and a record year in terms of profits overall,"
said Adam Carter, the President & CEO of Calissio
Resources Group. "Our strategy to stay focused on production,
supply and exploration growth to expand our footprint in
Mexico has positioned Calissio for
continued success, despite lower commodity price levels.
Calissio is a low cost producer, with established long-term sales
contracts in place, and that will continue to drive our expansion
and profitability forward in 2015."
Adam Carter
President & CEO
Calissio Resources Group Inc.
Calissio Resources Group Inc., focused on the acquisition and
development of base metals projects in Mexico that are
currently in or near production and advanced exploration properties
that will add substantially to the Company's asset foundation.
Management is continuing to actively pursue mineral interests that
represent significant growth, value and cash flow
opportunities.
For additional information, please
visit: http://www.calissioresources.com
This press release contains statements that are forward-looking
and which involve a number of risks and uncertainties. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. The
forward-looking statements in question are based on Calissio
Resources Group, Inc.'s current expectations and projections about
future events, based on information currently available.
The forward-looking statements found in this press release may
also include statements relating to Calissio Resources Group,
Inc.'s anticipated financial performance, business prospects, new
developments, strategies, and similar matters. Calissio Resources
Group, Inc. provides no assurance regarding the actual outcome of
the events contemplated by any forward-looking statements included
in this release. Calissio Resources Group, Inc. disclaims any
obligation to update any of its forward-looking statements, except
as may be required by law.
Contact:
Calissio Resources Group Inc.
Investor Relations
+1-702-605-4172
ir@calissioresources.com
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SOURCE Calissio Resources Group Inc.
