GlobeNewswire5 months ago
ST. PETERSBURG, FL, Jan. 02, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Today, Leone Asset Management (OTC PINK: LEON) announced the forming of a new subsidiary in Sierra Leone to acquire mineral rights. James Price, CEO of Leone Asset Management, stated, “We are extremely excited to update our shareholders and the general public about the forming of a new Sierra Leone subsidiary, Bright Rock Minerals, (SL) Limited. In addition to the forming of Bright Rock, the new subsidiary has negotiated the mineral rights for approximately a 200-acre property within the mineral rich region of Kono, Sierra Leone. This is the first property lease in the new subsidiary and this particular property has proven gold reserves that we will begin excavating and processing in the first quarter of 2019.