S2C Global Completes US$1.8 Million Financing
05 February 2014 - 3:14AM
PR Newswire (US)
S2C Global Systems, Inc. and its wholly
owned subsidiary S2C Global Resources (OTC: STWG) ("the "Company")
is pleased to announce the completion of a US$1.875 million debt financing agreement with
Aqua Segel Financial Group Inc. The debt agreement is
non-convertible and secured against the Company's property assets
over a 4 year term with an interest rate of 8.2%.
S2C Global President, Daniel
Roth, commented that the Company has been engaged in
negotiations to acquire a past producing iron ore property located
in Michoacan, Mexico, and the
completion of this financing agreement is a vital step forward in
proceeding with S2C's business plans. "Our deal with Aqua Segal
Financial is the last piece of the puzzle needed to complete the
property acquisition and advance our position as a base metals
producer in Mexico."
Aqua Segel Financial Group Inc. is an
investment firm based in Zurich that provides debt
and equity financing solutions to emerging resource companies
primarily operating in Latin and South America.
For further information regarding S2C
Global (STWG) visit our website
at http://www.s2cglobalresources.com or contact us at
(480) 305-2047
About the Company
S2C Global Resources (STWG) is in the business of extracting both
base and precious metals from known resource deposits primarily in
the ore rich regions of Mexico. STWG is able to
provide the technical expertise, knowledge of the local business
environment and funding required for bringing existing
undercapitalized small-scale mining operations into full production
utilizing economies of scale to provide maximum return to our
shareholders.
Safe Harbor Statement
This press release may contain "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Any statements that are not statements of historical
fact (including but not limited to statements containing the words
"will," "believes," "plans," "anticipates," "expects," "look
forward," "estimates" and similar expressions) should be considered
to be forward-looking statements and the safe harbor provisions of
said Act do not apply to an issuer that issues penny stock.
Actual results may differ materially from those indicated by such
forward- looking statements as a result of various important
factors including, among others, competition, market demand,
technological change, strategic relationships, recent acquisitions,
international operations and general economic conditions. We
do not assume any obligation to update any forward-looking
statements.
Contact Information:
Investor Relations / Daniel
Roth
Phone: 480-305-2047
Email: info@s2cglobalresources.com
SOURCE S2C Global Systems, Inc.
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