PRESCOTT, Ariz.--(BUSINESS WIRE)--
Western Sierra Mining Corp., (OTC Pink: WSRA)
confirmed today that it has concluded an agreement with Prescient
Strategies Group, LLC to acquire 4,000 acre/feet of water rights in
Northern Colorado. A total of $150,000 has been deposited to satisfy the
terms of the escrow agreement. The Company intends to apply these assets
directly to agricultural production and other beneficial uses as we
expand and enhance our asset base and initiate capital formation
strategies to address aggressive development of current commodity
endeavors, including mining projects; oil and gas service industry
projects; coal production; and various other natural resource-related
projects. Over the next few days and weeks, the Company will be making
announcements about upcoming changes in its business model and
conforming management changes and enhancements.
About Western Sierra Mining Corp
Historically, Western Sierra Mining Corporation has focused on the
strategic acquisition, sale, joint venture, management and extraction of
precious metals. In order to take advantage of current and forecast
market trends, opportunity and demand, WSRA intends to aggressively
pursue development of the gold and silver assets it currently owns and
to simultaneously pursue a diversification into other natural
resource-related projects.
Over the coming months and in concert with WSMC’s capital partners,
these projects will be systematically implemented utilizing proprietary
“green” technologies related to mining, energy production, waste water
reclamation and purification; and crop and livestock production and
enhancement.
For purchase or additional information:
Safe Harbor
This press release contains
statements, which may constitute “forward-looking statements” within the
meaning of the Securities Act of 1933 and the Securities Exchange Act of
1934, as amended by the Private Securities Litigation Reform Act of
1995. Those statements include statements regarding the intent, belief
or current expectations of Western Sierra Mining Corp. and members of
its management as well as the assumptions on which such statements are
based. Prospective Investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks
and uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements. Cautionary note
to U.S. investors: The U.S. SEC limits disclosure for U.S. reporting
purposes to mineral and other deposits that a company can economically
and legally extract or produce. Certain terms, such as “reserves”,
“resources”, “geologic resources”, “measured,” “indicated” and
“inferred”, may not be consistent with the reserve definitions
established by the SEC. U.S. investors are urged to consider to review
and obtain copies of our filings from OTC Markets.com. In addition,
while the terms “measured,” “indicated” and “inferred” mineral resources
are required pursuant to NI 43-101, the Commission does not recognize
such terms. Canadian standards differ significantly from the
requirements of the Commission, and mineral resource information
contained herein and in the documents incorporated herein by reference
is not comparable to similar information regarding mineral reserves
disclosed in accordance with the requirements of the Commission.
Investors should understand that “inferred” mineral resources have a
great amount of uncertainty as to their existence and great uncertainty
as to their economic and legal feasibility. In addition, investors are
cautioned not to assume that any part or all of our mineral resources
constitute or will be converted into reserves.