A Look At American Sierra Gold Corp.
After the American Sierra Gold Corp. announced the cancellation of 23 % of its current outstanding stock which amounts to 19,000,000 shares in total, existing shareholders and the public have been asking questions. Since then the question, Is American Sierra Gold Corp. Looking Good, had been foremost on the minds of not only its current shareholders but its prospective investors as well. With its headquarters in Reno, Nevada, the corporation is an autonomous organization that deals in exploration of gold and the investors are actually wondering about the solvency of the company itself. But another recent announcement about American Sierra Gold Corp. would surely have put to rest the anxiety of its shareholders and prospective investors. It would also have assured them that the organization is not only looking good it, but is also is growing at a good pace. It was made publicly known that the organization and Trinity Alps Resources, Inc. had entered into a joint venture agreement, which enabled the former organization to get hold of 75% share in the well ranked Discovery Day Gold Project. However, before American Sierra Gold Corp. is able to lay claim on the 75% share in the Discovery project, the organization has agreed to put in US$2 million in the Discovery project for a period of 24 months, besides which it will also be issuing 2 million shares as well as 2 million 5-year warrants from the stock of AMNP to Discovery project’s vendor over the same period of 24 months. This is not the only news that can erase the question of Is American Sierra Gold Corp. Looking Good, from the minds of millions of people associated with the organization in any manner. The organization has earlier also signed an agreement related to equity financing worth $6,000,000, with an institutional investor based in Europe. This agreement will help American Sierra Gold Corp. to finance the execution of their business and possession policies. Keeping the above things in mind, there is no need for either shareholders or prospective clients to worry about the well being of the American Sierra Gold Corp. The new agreements and new deals all indicate that the organization is quite confident about its future projects and is taking the necessary measures to ensure that the organization keeps on growing constantly. The new agreements will definitely ensure greater profit for the organization and its present shareholders, while providing better investment opportunities to prospective investors. Next, check out The Dean's penny stock
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