Buyer prepares to acquire mine in Indonesia

Thursday, August 23 2012 - 10:41 AM WIB

By Romel S. Gurky

Buyer Group International, Inc., announced that it has made arrangements in the last six months to prepare for several acquisitions, three in Vancouver, B.C., a project in Greenland, and a project in Indonesia.

?The company intends to acquire exploration and development rights to several mineral properties that hold large amounts of minerals. The letters of intent have issued and detailed material information will be disclosed in the next several weeks, including geologist reports, size and scope of prospects and exploration plans. We feel this is the best way to grow our asset base,? CEO David Bryant said in the statement.

Buyer Group International, Inc. intends to grow its holdings in the motion picture industry as well as the mining industry in the coming months with the goal of generating strong capital returns to its investors.

All projects are subject to financing and other material contingencies.

"We are grateful to our shareholders and as we show them our plans for the future, we believe that they may be surprised to discover that there is a renewed excitement for our company and find themselves eager to participate in our growth," said Bryant.

Editing by Adianto P. Simamora

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