International Precious Minerals Group, Inc. (IPMG.PK) Retains Mina Mar Group International (SVNR) to Help Reorganize
TORONTO, Jan 17, 2008 /PRNewswire-FirstCall via COMTEX/ -- International Precious Minerals Group, Inc. has retained the Mina Mar Group (SVNR - pending symbol change) (www.minamargroup.com) to assist in determining a new direction for the Company, and provide investor relations services.
IPMG will be reorganizing and establishing a new business direction. It plans to seek an appropriate operating company with which to effect a reverse merger. The initial direction recommended for the Company, by its advisors is in software or technology based industry. The Mina Mar Group has been retained to help identify candidate companies.
Mina Mar specializes in corporate financial consulting services focusing on reverse mergers of private companies with publicly traded shell companies in the small-cap, and micro-cap environment. Mina Mar represents an array of private companies primarily in China that are successfully operating and seeking to gain access to public markets in North America or Europe.
It is anticipated that the current officers of IPMG and board members will resign as part of this new organization process, and ultimately, the Company will apply for a new corporate name, new CUSIP number and a new ticker symbol as part of the reverse merger process, once a partner company has been identified.
About International Precious Minerals Group, Inc.
IPMG, Inc. is a Wyoming based gold and precious minerals Exploration Company. Previously, it concentrated on developing mineral properties that were early into the initial commercialization phases of development. |
