The MOU agreement between the two parties is to undertake the business of quarrying, leading to the crushing of stone for infrastructure development in
James Price, Chairman and CEO of Leone Asset, stated, “This is an extraordinary opportunity for Leone Asset. The country of
We anticipate to begin operations with a 350 ton per hour crushing plant and operating six days per week with two eight hour shifts daily.
This opportunity and corporate expansion will add tremendous share-holder value and will allow Leone Asset to participate with
About Leone Asset Management
Forward-Looking Statements Disclosure:
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "beliefs," "estimates," "expects," "intends," " plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matter that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risk, and uncertainties, and by reference to the underlying assumptions.
Contact:
James Price
JPrice@LeoneAsset.com
727-581-1500
Source:
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