Western Sierra Confirms Agreement to Acquire Assets and Change in Business Model
29 April 2014 - 5:50PM
Business Wire
Western Sierra Mining Corp., (OTC Pink: WSRA) confirmed
today that it has concluded an agreement with Prescient Strategies
Group, LLC to acquire 4,000 acre/feet of water rights in Northern
Colorado. A total of $150,000 has been deposited to satisfy the
terms of the escrow agreement. The Company intends to apply these
assets directly to agricultural production and other beneficial
uses as we expand and enhance our asset base and initiate capital
formation strategies to address aggressive development of current
commodity endeavors, including mining projects; oil and gas service
industry projects; coal production; and various other natural
resource-related projects. Over the next few days and weeks, the
Company will be making announcements about upcoming changes in its
business model and conforming management changes and
enhancements.
About Western Sierra Mining Corp
Historically, Western Sierra Mining Corporation has focused on
the strategic acquisition, sale, joint venture, management and
extraction of precious metals. In order to take advantage of
current and forecast market trends, opportunity and demand, WSRA
intends to aggressively pursue development of the gold and silver
assets it currently owns and to simultaneously pursue a
diversification into other natural resource-related projects.
Over the coming months and in concert with WSMC’s capital
partners, these projects will be systematically implemented
utilizing proprietary “green” technologies related to mining,
energy production, waste water reclamation and purification; and
crop and livestock production and enhancement.
For purchase or additional information:
Contact:
Mr. Dennis Atkins 405-330-8395
dennisatkinscpa@gmail.com
Mr. Michael Chaffee 928-680-5513
wsrm@citlink.net
Safe HarborThis press release contains statements, which
may constitute “forward-looking statements” within the meaning of
the Securities Act of 1933 and the Securities Exchange Act of 1934,
as amended by the Private Securities Litigation Reform Act of 1995.
Those statements include statements regarding the intent, belief or
current expectations of Western Sierra Mining Corp. and members of
its management as well as the assumptions on which such statements
are based. Prospective Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. Cautionary note to U.S. investors: The U.S. SEC limits
disclosure for U.S. reporting purposes to mineral and other
deposits that a company can economically and legally extract or
produce. Certain terms, such as “reserves”, “resources”, “geologic
resources”, “measured,” “indicated” and “inferred”, may not be
consistent with the reserve definitions established by the SEC.
U.S. investors are urged to consider to review and obtain copies of
our filings from OTC Markets.com. In addition, while the terms
“measured,” “indicated” and “inferred” mineral resources are
required pursuant to NI 43-101, the Commission does not recognize
such terms. Canadian standards differ significantly from the
requirements of the Commission, and mineral resource information
contained herein and in the documents incorporated herein by
reference is not comparable to similar information regarding
mineral reserves disclosed in accordance with the requirements of
the Commission. Investors should understand that “inferred” mineral
resources have a great amount of uncertainty as to their existence
and great uncertainty as to their economic and legal feasibility.
In addition, investors are cautioned not to assume that any part or
all of our mineral resources constitute or will be converted into
reserves.
Western Sierra Mining Corp.Mr. Dennis Atkins,
405-330-8395dennisatkinscpa@gmail.comorMr. Michael Chaffee,
928-680-5513wsrm@citlink.net
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