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ICTY Eyecity Com Inc (PK)

0.0002
0.00005 (33.33%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eyecity Com Inc (PK) USOTC:ICTY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00005 33.33% 0.0002 0.0001 0.0002 0.0002 0.0001 0.0001 1,169,321 18:00:06

EyeCity Announces News of Signing of the Memorandum of Understanding With Project Initiatives of Africa

29/03/2012 9:31pm

GlobeNewswire Inc.


Eyecity Com (PK) (USOTC:ICTY)
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EyeCity.com, Inc. (Pink Sheets:ICTY) announced today the news that is a follow-up to its previously announced merger information.

ICTY is pleased to announce the signing of a Memorandum of Understanding with Project Initiatives of Africa (PIA) to take advantage of mining concessions and ongoing operations in gold rich Ghana, West Africa.

PIA's experienced management team has been in Ghana for over 4 years conducting surveys, geological studies and has identified multiple locations to conduct mining operations.

In addition, PIA is currently in the initial stages of excavation and production on a very lucrative large scale concession in the Ashanti region in West Ghana Africa that borders the resource rich Ashanti gold belt, world to one of the largest independent gold mines in the world, Anglo Gold Ashanti.

As previously reported, this Memorandum of Understanding has been signed and additional details will be provided in the upcoming weeks including information about what is currently going on the ground with PIA.

In addition, ICTY is proud to announce the addition of several strong management team members with strong international finance and business skills. ICTY is also negotiating a European partnership to bring in additional finance for its mining relationships.

Mr Bradley R. Wilson commented that the addition of strong management, the European financial partnership plus other deals currently being negotiated on both the mining and the financial fronts are targeted to take ICTY to new heights.

ICTY will also release its brand-new web site in April with all the pertinent information on the MOU, the business expertise, project information and additional content that will be extremely beneficial to our shareholders. This will also include pertinent contact details and options to reach EyeCity management, customer service and Investor Relations.

Given the continued strong global demand for base and precious metals many forecast that gold prices will continue to trend higher. These mining operations and partnerships were targeted based upon reported resources and long term growth of assets.

The Company again cautions all shareholders that non-verifiable rumors are not credible.

The only credible information is as officially presented as fact by EyeCity.com, Inc. management through press releases and on its soon to be launched web site.

Kindest Regards,

Bradley R Wilson

Safe Harbor Statement: This news release includes forward-looking statements pertaining to future anticipated projected plans, performance and developments, intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Any statements on this news release that are not statements of historical fact should be considered forward-looking statements. These forward-looking statements generally can be identified by phrases such as "believes," "expects," "anticipates," "foresees," "forecasts," "estimates," "intends," or other words or phrases of similar import. Similarly, statements in this news release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

CONTACT: Investor Relations: 678.772.1148

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