- PR Newswire•last monthIMD Companies, Inc. (ICBU) Subsidiary Expands Recovery Process on Claims on Assets to meet Demand for Contracts with China for Minerals of Manganese and Iron Ore
PLACERVILLE, CA, Jan. 18, 2017 /PRNewswire/ - IMD Companies, Inc. (ICBU) Subsidiary KRSNA Minerals is expanding its work on its claims to meet demands for contracts with China for Manganese and Iron Ore. This is due to increased demand for these minerals. The company completed its acquisition of KRSNA Minerals in India last month. KRSNA Minerals is a producing mine with over 600 acres of mining claims with an estimated recoverable asset value of 700 million. KRSNA Minerals has contracts with the Chinese government to supply Manganese and Iron ore.
- PR Newswire•2 months ago
PLACERVILLE, CA, Jan. 4, 2017 /PRNewswire/ - iMD Companies, Inc. (ICBU) Board of Directors are pleased to announce that the company has retained BF Borgers CPA PCAOB accredited accounting firm to complete its audited financials to become a fully reporting company with the SEC. KRSNA MINERALS is a producing mine in India with over 600 acres of mining claims, which are producing manganese and Iron ore metals.
- PR Newswire•2 months agoIMD Companies, Inc. (ICBU) Completes Acquisition of KRSNA MINERALS, a Manganese and Iron Ore Producing Mine with Recoverable Assets of Approximately 700 Million Dollars
PLACERVILLE, CA, Dec. 21, 2016 /PRNewswire/ - IMD Companies, Inc. (ICBU) Board of Directors is pleased to announce that the company has completed its acquisition of KRSNA MINERALS in India which is a producing mine with over 600 acres of mining claims which are currently mining manganese and Iron ore metals. KRSNA MINERALS currently has contracts with the Chinese government to supply manganese and Iron ore to China. The recoverable asset values are in excess of 700 million dollars for the total claims owned by KRSNA MINERALS.
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