PR-Inside.com: 2014-04-29 21:29:52
Lake Havasu City, Arizona (FSCwire) - Western Sierra Mining Corp., (OTC Pink: WSRA) confirmed today that it has concluded an agreement with Prescient Strategies Group, LLC to acquire 4,000 acre/feet of water rights in Northern Colorado. A total of $150,000 has been deposited to satisfy the terms of the escrow agreement. The Company intends to apply these assets directly to agricultural production and other beneficial uses as we expand and enhance our asset base and initiate capital formation strategies to address aggressive development of current commodity endeavors, including mining projects; oil and gas service industry projects; coal production; and various other natural resource-related projects. Over the next few days and weeks, the Company will be making announcements about upcoming changes in its business model and conforming management changes and enhancements.
About Western Sierra Mining Corp
Historically, Western Sierra Mining Corporation has focused on the strategic acquisition, sale, joint venture, management and extraction of precious metals. In order to take advantage of current and forecast market trends, opportunity and demand, WSRA intends to aggressively pursue development of the gold and silver assets it currently owns and to simultaneously pursue a diversification into other natural resource-related projects.
Over the coming months and in concert with WSMC’s capital partners, these projects will be systematically implemented utilizing proprietary “green” technologies related to mining, energy production, waste water reclamation and purification; and crop and livestock production and enhancement.
For purchase or additional information:
Contact: Mr. Dennis Atkins 405-330-8395 firstname.lastname@example.org
Mr. Michael Chaffee 928-680-5513 email@example.com
This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Western Sierra Mining Corp. and members of its management as well as the assumptions on which such statements are based. Prospective Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Cautionary note to U.S. investors: The U.S. SEC limits disclosure for U.S. reporting purposes to mineral and other deposits that a company can economically and legally extract or produce. Certain terms, such as “reserves”, “resources”, “geologic resources”, “measured,” “indicated” and “inferred”, may not be consistent with the reserve definitions established by the SEC. U.S. investors are urged to consider to review and obtain copies of our filings from OTC Markets.com. In addition, while the terms “measured,” “indicated” and “inferred” mineral resources are required pursuant to NI 43-101, the Commission does not recognize such terms. Canadian standards differ significantly from the requirements of the Commission, and mineral resource information contained herein and in the documents incorporated herein by reference is not comparable to similar information regarding mineral reserves disclosed in accordance with the requirements of the Commission. Investors should understand that “inferred” mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. In addition, investors are cautioned not to assume that any part or all of our mineral resources constitute or will be converted into reserves.
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Source: Western Sierra Mining Corp (OTC Pink:WSRA) www.westernsierramining.com/
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