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KPOC Kimberly Parry Organics Corporation (CE)

0.000001
0.00 (0.00%)
11 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Kimberly Parry Organics Corporation (CE) USOTC:KPOC OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 2 00:00:00

KPOC to Change Name & Industry: Company to Acquire Historically Significant Revenue Producing Copper Mining Rights in Chile

18/05/2018 2:12pm

InvestorsHub NewsWire


Company Sheds Organic Cosmetics Venture; To Be Renamed ‘KPOC Mining, Inc’ And Will Retain KPOC Trading Symbol

Hasbrouck Heights, NJ -- May 18, 2018 -- InvestorsHub Newswire -- Kimberly Parry Organics, Corp. ("KPOC" or the "Company") (OTCPINK:KPOC), today announced that it is acquiring multiple significant revenue producing copper mining sites in Chile.

The Company will be changing its name to “KPOC Mining, Inc.” to better reflect the public Company’s exit from the organic cosmetics marketplace. The Company will be acquiring the assets in Chile through its majority owned subsidiary, “KPOC Mining Chile, Inc.” KPOC Chile will also oversee all aspects of the day-to-day operations in South America.

The Company’s transformation to copper mining is a wise one, says Company President, Theodore Collas. “If you want to mine copper, Chile is the world’s most desirable location. The country is rich in untapped deposits.”

In an article on “The World's 20 Largest Copper Mines” (the mines that produce about 40 percent of the world's copper)… 7 of the top 14 mines are all located in Chile.

https://www.thebalance.com/the-world-s-20-largest-copper-mines-2014-2339745

Copper Investing News says:

“If one were to ask where the homestead of copper production is located, all fingers would point to Chile. The top copper producer in the world, the country hosts many notable copper miners… “We believe that for copper, Chile is the number-one spot on the planet to explore and develop a copper mine,” says Chilean Metals Chairman Terry Lynch. “The country has a historical track record of being the best spot to explore copper in the world.” (emphasis added)

Chile is the most favorable jurisdiction in South America. It has a long history of strong mining laws and is mining friendly, especially to foreign companies. https://investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/copper-mining-chile-top-producer/

Company President, Theodore Collas said: “We have wonderful relationships with the key players in the industry, both public & private. Now that we have fully evolved into a copper mining company, Management will be continually providing more details and updates on a regular basis.”

About KCOP Mining USA, Inc.

KPOC Mining has entered into agreements to purchase 23 copper mining sites in the Republic of Chile. Our geologists have determined that each of mining properties will be highly commercially productive. We believe that development of the first mining site will commence in the first half of 2018, and the remaining sites will be developed over a three- year period. All mining operations will be conducted by KPOC Mining Chile, our Chilean subsidiary.

If you have specific questions about the Company, please email us at admin@kpocmining.com  &/or visit our website at https://www.kpocmining.com.

Cautionary Language Concerning Forward-Looking Statements:

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the Company's mission statement and growth strategy, are "forward-looking statements." Although management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the SEC. The Company assumes no obligation to update any of the information contained or referenced in this press release.

 

CONTACT: admin@kpocmining.com 201-870-4291

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