Western Sierra Resource (WSRC) Provides Shareholder Update
17 January 2020 - 2:30AM
InvestorsHub NewsWire
Western Sierra Resource (WSRC)
Provides Shareholder Update
Steamboat Springs, CO -- January 16, 2020 -- InvestorsHub
NewsWire -- Western Sierra Resource Corporation (WSRC),
is pleased to provide the following corporate update to its
shareholders and the investment community.
Throughout 2019, our management has focused its efforts on
fixing various challenges to the growth of our Company, through
research and development, reorganization, and strategic planning -
All this to put the Company on a profitable and sustainable path of
revenue generation.
The Company has been evaluating a number of high potential
opportunities and is currently in advanced talks. These growth
initiatives will expand a revenue producing stake in the resource
sector. Progress will be disseminated in detail through PR's,
social media and via updates on our new website, currently under
construction.
The Company has $40+ million in appraised assets. Plans to
acquire additional assets are being executed and the conditions of
potential contracts have been largely met, pending regulatory
approval. This is expected to be achieved within the near term.
The Company aims to upgrade to fully reporting. The combined
assets of the Company will immediately be re-appraised by
nationally recognized firms for purposes of completing a full
audit.
In 2020 we expect to see significant asset growth, steady
increases in sustainable revenue, and consistent, accurate
up-to-date reporting of our progress in reaching our financial
objectives.
The Company has no plans for a reverse split.
We look forward to executing our 2020 business strategy and plan
to share further details as we achieve new milestones.
Safe Harbor Statement:
This release includes “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934. Such
statements include any that may predict, forecast, indicate, or
imply future results, performance or achievements, and may contain
the words “estimate”, “project”, “intend”, “forecast”,
“anticipate”, “plan”, “planning”, “expect”, “believe”, “likely”,
“should”, “could”, “would”, “may” or similar words or expressions.
Such statements are not guarantees of future performance and are
subject to risks and uncertainties that could cause the Company’s
actual results and financial position to differ materially from
those in such statements, which involve risks and uncertainties,
including those relating to the Company’s ability to grow. Actual
results may differ materially from those predicted and any reported
should not be considered an indication of future performance.
Potential risks and uncertainties include the Company’s operating
history and resources, economic, competitive, and equity market
conditions.
Contact us:
support@westernsierraresource.com
Western Sierra Resource (CE) (USOTC:WSRC)
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