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  • $12.5 Million Note Receivable Collection Moved to Next Step
  • June 24, 2015
  • Gold & Silver Mining of Nevada, Inc. (PINK SHEETS:CJTF), a junior mining company in Nevada, announces collection on companies $12.5 million portion of note receivable has moved to the next step in court.

    In addition, an offer has been prepared for the parties for discussion including some joint venture production of assets offered by the debtor with excellent gold content. If executed as expected cash and production will move ahead. If not, collection will proceed through the court and the offered properties may still come into play out of the collection process.

    The company expects that $2 million dollars will complete all of the early permitting, assaying and pre production expenditures...
  • View more at: http://www.1888pressrelease.com/-12-5-million-note-receivable-collection-moved-to-next-step-pr-566897.html