Mabwe Minerals Completes Strategic Alliances With Steinbock Minerals Ltd. and Yasheya Ltd.
09 August 2013 - 4:00AM
Marketwired
Mabwe Minerals Inc. (OTCQB: MBMI) (the "Company"), a natural
resources company engaged in the mining and commercial sales of
industrial minerals and metals, is pleased to announce that the
Company has entered strategic alliances with both Steinbock
Minerals Limited and Yasheya Limited.
WGB Kinsey & Company, the company's minority owned mining
& construction company, is on site at Dodge Mine engaged in
barite production with key responsibilities that include managing
the Company's Shamva Rail Depot transfer yard within 17km of Dodge
Mine. Through its partnership with PHI Commodities, Mabwe Minerals
has secured exclusive load rights from the Shamva Rail Depot direct
to the Port of Beria utilizing their fleet of rail wagons. Now that
strategic alliances have been forged with both Steinbock Minerals
and Yasheya, the Company has successfully established its
distribution, sales, shipment and delivery network.
Steinbock Minerals will be the Company's distributor and sales
arm as they specialize in the worldwide distribution of industrial
minerals, with first focus on barite. Steinbock Minerals, based in
Switzerland, is a key distributor in the industrial minerals'
sector with established customers throughout Europe and the Middle
East. With long-term relationships throughout the oil and gas
drilling sector as well, Steinbock Minerals will continue to
support the Company's Master Supplier Agreement.
David Coplet, President of Steinbock Minerals, commented, "We
have no shortage of barite customers who are in need of high
quality barite as seen at Dodge Mine. On behalf of Steinbock
Minerals, we are pleased to be part of the Mabwe Minerals team and
look forward to helping them bring a new barite source into
commercial production to satisfy the high demand."
Yasheya will be the company's shipping and delivery arm as they
are recognized worldwide as a leader in the transport of industrial
minerals specializing in ocean shipping, containers, coasters,
barging, railing, trucking and warehousing.
Abel Coplet, CEO of Yasheya, stated, "With our strategic
alliances in place, we are excited to add the Port of Beira into
our network of ports servicing the industry's need for high-grade
barite. Our company prides itself in the importance of establishing
strong alliances. Mabwe Minerals is our newest strategic partner
and we are excited to join forces."
For further information concerning Steinbock Minerals, Yasheya
and other ongoing developments, visit
http://dtg.fm/Raptor-Corporate-Briefings.
Al Pietrangelo, CEO of Mabwe Minerals, stated, "Both Steinbock
Minerals and Yasheya have established, long-term relationships
throughout the industrial minerals sector. They are a welcomed
addition to our network of strategic partners as we start ramping
up production at Dodge Mine. We look forward to providing our
shareholders with pending updates through our corporate
newsletters."
About Raptor Resources Holdings Inc.
Raptor Resources Holdings Inc. (OTCQB: RRHI) is the
parent/holding company of Mabwe Minerals Inc. with a second
independently operating subsidiary: TAG Minerals Inc.
To learn more about Raptor Resources Holdings and its
subsidiaries, visit www.raptorresourcesholdings.com or
www.dtg.fm/RRHI-Presentation.
About Mabwe Minerals Inc.
Mabwe Minerals Inc. is a U.S. based natural resources and hard
asset company engaged in the mining, logistics and commercial sales
of industrial minerals and metals, with first focus on barite. The
company's operations are conducted through its Zimbabwe
parent/holding affiliate, Mabwe Corporation (Private) Limited,
which includes wholly owned subsidiary Mabwe Minerals Zimbabwe
(Private) Limited and minority owned WGB Kinsey & Company.
Raptor Resources Holdings owns 90 million shares of Mabwe Minerals
or approximately 66% of its issued and outstanding shares of common
stock.
To learn more about Mabwe Minerals, visit
www.dtg.fm/MBMI-Presentation.
About TAG Minerals Inc.
TAG Minerals Inc. is a U.S. based mineral/metal resource
acquisition, exploration and development company. The company, with
operations conducted through its indigenous affiliate TAG Minerals
Zimbabwe (Private) Limited, is responsible for alluvial gold
production along with the development of greenfield assets
targeting bedrock gold and other viable hard assets.
Notice Regarding Forward-Looking Statements
Statements regarding financial matters in this press release
other than historical facts are "forward-looking statements"
("FLS") within the meaning of section 27A of the Securities Act of
1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. FLS include statements predictive in nature, depending
upon or referring to future events / conditions, including words
like "believes," "anticipates," "intends," "plans," "expects," and
similar expressions. Statements concerning future financial
performance (revenues, earnings, and growth rates), ongoing
business strategies / prospects, and future actions, which may be
provided by management, are also FLS as defined by the Act. The
actual and any future results, performance or achievements of the
Company, expressed or implied, may be materially different and vary
significantly for different reporting periods due to FLS that
involve known and unknown risks and other factors. Management
believes that the assumptions made and expectations reflected in
the FLS are reasonable. There is no assurance that the underlying
assumptions will prove to be correct and the actual future results
may be different from expectations expressed above. These
statements are not guarantees of future performance. Raptor
Resources Holdings Inc. and Mabwe Minerals Inc. have no specific
intention to update these statements.
J. Louis Schlegel IV Vice President: Business Development
J4@RaptorResourcesHoldings.com