PHOENIX, ARIZONA, January 22, 2014 - KEY CAPITAL CORPORATION ("Key Capital" or the “Company”) (OTC Pink: KCPC) advises that the Company has been conducting due diligence and transaction negotiation on a number of potential financings for several new mining projects that are expected to be concluded over the next two to three months.
In association with its resource industry structured financing and streaming business, the Company and a number of its officers and other parties over the past six months have been developing an alternative resource funding platform that is scheduled to launch during the course of the current quarter. This launch, in conjunction with the expected finalization of additional project funding agreements by the Company, forms the final key component of a strategy that has been in development over the past approximate two years.
Corporately, the Company has just finalized its current accounts and expects to lodge these with its Disclosure Statement on the OTC Disclosure and News Service platform during the course of the next month.
Further, and also in accordance with the continued corporate development and progress, the Company's accounts will be audited during the current quarter, following which, on completion, the Company intends to become fully reporting by the end of the second Quarter. This initiative is a critical milestone for the Company as it will provide for the Company's business and reporting to be fully transparent to the market and its stakeholders. Further, it will also provide for a much wider coverage of the Company and its business by the investment and broker/dealer participants.
ABOUT KEY CAPITAL: Key Capital is a resource industry business positioned to provision the funding of mining projects through structured financing and/or streaming agreements. The Company is a Georgia corporation headquartered in Phoenix, Arizona.
For further information see http://www.keycapitalgroup.com/
For contact: Matthew Friedman, VP Investor Relations on telephone +1 (480) 745-2565 ext. 4, or email at email@example.com
Statements about Key Capital Corporation's future expectations, including statements about its anticipated streaming business, the metal purchase agreements, and all other statements in this press release other than historical facts, are "forward-looking statements" 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. Key Capital Corporation intends that such forward-looking statements be subject to the safe harbors created thereby. These future events may not occur as and when expected, if at all, and, together with Key Capital Corporation's business, are subject to various risks and uncertainties. Key Capital Corporation's actual results could differ materially from expected results as a result of a number of factors, including the uncertainties inherent in entering into any metal purchase or other financing agreements, the ability to fund financing or metal purchase agreements, the evaluation of potential opportunities regarding natural resource mines, the level of corporate expenditures and monies available for purchasing natural resource interests, capital market conditions, and other factors. There are no guarantees that Key Capital Corporation can successfully negotiate any metal purchase or financing agreements or that any such agreements will be profitable, or that the natural resource interests acquired thereby will prove to be commercially successful. Key Capital Corporation undertakes no duty to update forward-looking statements. Key Capital Corporation disclaims any duty or obligation to update the information contained in this press release.
- Commodity Markets