Infinex Ventures Enters Into Deal to Acquire Gold Mine With Advanced Mining Inc.

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Company Intends To Prove Up Gold and Silver Reserves

DENVER, CO / ACCESSWIRE / October 15, 2014 / Infinex Ventures, Inc. (OTC Pink: INFX) INFX is pleased to announce that it has entered into a Stock Purchase Agreement to acquire an interest in Advanced Mining, Inc. Advanced Mining, Inc. is a new mining company that was created with the sole purpose to acquire and prove up the Blue Lead Mine in California. "The Blue Lead Mine is unique opportunity for us, since it already has permits for mining. Just getting the permits in California has come to a standstill, so this property is ten steps ahead in the process. ", stated Kamil Salem, president of Advanced Mining.' The Blue Lead Mine has the potential to have both the volume of material and the grade to warrant a full-scale mining operation, further testing is paramount to gain confidence to see a return on the project's capitalization," he added. "The historical figures for mines in the area are very strong and we have indicators that our property has solid reserves. We decided to team up with Infinex Ventures to help prove up the reserves and begin operations. In addition, the site is quite large, and has multiple other uses available that we are reviewing with Infinex to help determine the best uses of all the land." he added.

According to Ron Salem, president of Infinex Ventures, Inc., "This opportunity fits very well with our new model of investing. We have acquired an interest in this strong project with options to acquire more at a locked in price. In addition, our deal provides that we are to take Advance Mining public on its own. This means that Infinex and its shareholders will be able to benefit from Advanced Mining's assets as they are mined, and to take advantage of its public status to bring other mining deals to the table and the ability to liquidate shares if desired. "he stated. "Our options are wide open with projects like this, with our main goal being to create true value in our investments. We intend to make similar deals in the future with companies that we believe have similarly strong opportunities, and hold similar promise for ourselves as investors and shareholders.", he added.

About Infinex Ventures:

Infinex Ventures, Inc. is a holding company that specializes in putting companies from different industries together to create more value for each. These synergistic relationships can take the form of mergers, acquisitions or even the finding of equity cash infusions or loans. Our team of consultants work in various fields and can provide support to companies in the areas of accounting, manufacturing, distribution, sales, marketing and other areas of general management. We have worked with a diverse array of clients in fields that include mining, food and beverages, hospitality, event and stage planning and the cannabis industries. We have recently expanded our mining interests through our relationship with Advanced Mining Inc.

www.infxv.com

Cautionary Statements Regarding Forward-Looking Statements:

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This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "intends, "plans," "should," "seeks," "pro forma," "anticipates," "estimates," "continues," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under "Risk Factors" and "Our Business." Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.

Safe Harbor:

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

CONTACT:

Media Relations:
Ron Salem
(802) 566-0707
Email: info@infxv.com
Websites: www.infxv.com

 

 

SOURCE: Infinex Ventures, Inc.

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