-
Argentine scientists lay first traps in hantavirus hunt
-
Star of Rome's 'sexy priest' calendar admits: 'I was never a priest'
-
Harry Styles fans to splash over £1 bn on London concerts: Barclays
-
Bolivia protest sees violent clashes, looting in La Paz
-
Trump says held off on new Iran attack, upbeat for agreement
-
Los Angeles World Cup workers vow strike over ICE guarantees
-
Three killed in San Diego mosque shooting, two attackers dead
-
US to screen for Ebola at airports, one American in DR Congo infected
-
Aussie Scott officially set for 100th straight major at US Open
-
Pep Guardiola to leave Man City at end of the season - reports
-
Neymar back in Brazil squad for fourth World Cup
-
Arsenal on the brink of Premier League title after nervy Burnley win
-
World Cup winner Pavard confirms Marseille exit
-
Trump says holding off on new Iran attack
-
Cuba warns of 'bloodbath' if US attacks; Washington adds sanctions
-
Trump says delaying Iran attack at request of Gulf leaders
-
Cuba warns of 'bloodbath' if US attacks and Washington issues sanctions
-
After mayor's murder, Mexico battles to bring peace
-
Trump admin creates $1.7 bln fund to compensate allies prosecuted under Biden
-
Pelicans name Mosley as coach, two weeks after Magic firing
-
Hyderabad qualify for IPL play-offs along with Gujarat
-
'Girl in the River Main' identified 25 years on, father arrested
-
Musk loses blockbuster OpenAI suit as jury says too late
-
SNC Scandic Coin and Biconomy: Regulated real-world assets meet global trading infrastructure
-
Judge allows gun as evidence in Mangione healthcare exec murder trial
-
First attack on Arab nuclear site sends warning to Gulf, US
-
Oil rises, bond yields weigh on stocks
-
Hormuz tanker traffic edges higher after wartime low
-
Andalusia setback highlights weakness of Spain's ruling Socialists
-
India's Adani to pay $275 mn settlement to US over alleged Iran sanctions violations
-
Middle East tourism pain is Europe's gain
-
UK Labour leadership hopeful reopens Brexit debate
-
PSG's Dembele has treatment for leg issue before Champions League final
-
Spurs must play with 'courage' to seal safety: De Zerbi
-
Hantavirus-hit cruise ship ends deadly voyage
-
Champagne start in Reims for 2028 Tour de France
-
Dogs allowed on new Brigitte Bardot beach in glitzy Cannes
-
Croatia names Modric-led World Cup squad
-
Iran World Cup squad lands in south Turkey for training
-
Mushfiqur ton leaves Pakistan needing record run chase to beat Bangladesh
-
Transport protests hit Kenya over rising fuel prices
-
France unveils architects to transform Louvre
-
Ex-Google man takes reins at under-fire BBC
-
Swatch blames shopping centres for 'problems' with star product launch
-
Carvajal to leave Real Madrid at end of season
-
Stocks drop, oil climbs after fresh Trump warning to Iran
-
Twins wow Cannes with 'mesmeric' tale of Nigeria's rich
-
New Ebola outbreak in DR Congo: What we know
-
Iran Nobel winner discharged from hospital: supporters
-
Spanish court orders 55 mn euro tax refund to Shakira
Sidney Resources Corporation Secures Over $8.0 Million for Expansion of Operations and Holdings
This round of funding was supported and materially participated in by Board of Directors Members Sue Maas and Jim Scherrer.
This round of funding was supported and materially participated in by Board of Directors Members Sue Maas and Jim Scherrer.
Sidney Resources Corporation (OTC PINK:SDRC), a leading innovator in precious metal processing and mining, is thrilled to announce the successful raising of more than $8.0 million in funding. The company has received the majority of the funds and is in the process of finalizing the remaining contributions from investors. This significant capital injection propels the company into an exciting new chapter of expansion, growth, and unparalleled opportunity. With a clear vision and expert leadership, Sidney Resources stands poised to deliver exceptional value to its shareholders and capitalize on a transformative future.
The centerpiece of this expansion is the construction of a state-of-the-art milling and processing facility. This larger, modern facility is designed to handle increased throughput, optimize efficiency, and ensure the highest standards of environmental sustainability. By investing in advanced technologies and scaling operations, Sidney Resources is strategically positioned to meet soaring demand and drive robust revenue growth.
"This milestone represents a pivotal moment for Sidney Resources Corporation," said Sean-Rae Zalewski, CEO of Sidney Resources Corporation. "The confidence our investors have shown in our vision empowers us to scale our operations and leverage our resources more effectively. Under the expertise of our new Board Member and industry titan, Jim Scherrer, we are ensuring the efficient use of capital to build the infrastructure necessary to maximize production and shareholder returns. Mr. Scherrer will be collaborating closely with Sidney COO, Dan Hally, and Sidney Board member and Owner of AFK Foundry, Corey Schram, to ensure strategic and efficient capital allocation during this exciting expansion phase. The new facility will enable the company to reach the first stages of an incredible potential, enhancing our ability to meet market demands and reinforcing our commitment to delivering exceptional value to our shareholders."
Sidney Resources Corporation's bold vision and expert execution are set to:
Increase Processing Capacity: The new facility will significantly boost processing capabilities, allowing Sidney Resources to meet rising demand and process ores more efficiently.
Enhance Environmental Stewardship: Incorporating sustainable technologies, the facility will underscore the company's commitment to responsible mining practices.
Expand Strategic Holdings: Additional resources will be allocated to acquiring high-potential properties and securing future revenue streams.
With this infusion of capital and the company's execution in collaborating with strategic leadership, Sidney Resources is uniquely positioned to harness the momentum of its growth strategy. The company's unwavering focus on innovation and operational excellence sets it apart as a compelling investment opportunity in the mining sector.
"Investors seeking high-growth opportunities and strong leadership should look no further," said Dan Hally. "With the expertise of our team, the backing of our investors, and our cutting-edge facility on the horizon, Sidney Resources Corporation is prepared to deliver unprecedented results."
Construction on the new milling and processing facility is set to begin in Q2 2025, with completion anticipated in Late 2025. Updates on the project's progress will be shared regularly as Sidney Resources continues to build momentum toward achieving its expansion goals.
For more information about Sidney Resources Corporation and its latest developments, please visit www.sidneyresources.com or contact:
Media Contact: Dan Hally
Chief Operations Officer
Sidney Resources Corporation
[email protected]
509-552-9858
About Sidney Resources Corporation
Sidney Resources Corporation (OTC PINK: SDRC) is a forward-thinking mining and exploration company dedicated to unlocking the potential of precious metal resources through innovation and sustainable practices. With a focus on efficiency, environmental responsibility, and value creation, Sidney Resources is at the forefront of modern mining advancements.
FORWARD-LOOKING STATEMENTS:
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause materially different results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the OTC Markets Group Inc. Our public filings with the OTC Markets Group Inc are available from commercial document retrieval services and at the website maintained by the OTC Markets at https://www.otcmarkets.com/stock/SDRC/disclosure
SOURCE: Sidney Resources Corporation
P.Costa--AMWN