Wineco Prod (CE) (USOTC:WNCP)
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From Dec 2019 to Dec 2024
SUNRISE, Fla., Nov. 8 /PRNewswire-FirstCall/ -- Wineco Productions, Inc. (Pink Sheets: WNCP) provides investors with an update on their Nevada Pilot Plant and announces that the company will purchase shares in the market.
Wineco's pilot plant in Nevada has produced five ore body samples from separate locations yielding results ranging from 12 oz. of gold per ton at one location to 50 oz. of gold per ton from an off shore location. The company currently has contracts in negotiations for extraction plants at all five locations. Full operations at the DEMI site in Nevada, which is owned by Wineco, are now scheduled for spring upon the approval of state issued licenses.
Environmental clean up at several mine sites are now being contracted by Wineco to assist mine owners in their contaminated waste tailings.
Wineco directors have agreed that the company will purchase several million shares of company stock over the up-coming period. The company feels the stock price is a tremendous value and will take advantage of the low price. Share that are purchased will go into the company's' asset base along with the extracted Noble Metals as they are processed.
Forward-looking statements are based on current expectations and assumptions that are subject to certain risks and uncertainties that could cause actual results to differ materially from WNCP's historical experience and its projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied in the forward- looking statements. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are made.
Contact:
Wineco Productions Inc.
Bill Saikal
561-963-9887
DATASOURCE: Wineco Productions, Inc.
CONTACT: Bill Saikal of Wineco Productions, Inc., +1-561-963-9887