Sunset Cove Mining Announces the Filing of its Financial Statements on SEDAR
Toronto, Ontario--(Newsfile Corp. - February 28, 2014) - Sunset Cove Mining (TSXV: SSM) (BVL: SSM) (the Company) today has filed its financial statements on SEDAR and on its website www.sunsetcovemining.com.
Also the company would like to announce the incorporation of an affiliate: in January of this year the Company incorporated a subsidiary, B&W Milling Inc. ("B&W" or the "Affiliate"), so as to finance the due diligence relating to the establishment of a custom gold milling operation in Peru.
New legal requirements in Peru are forcing smaller and artisanal mines to mill their ore at registered facilities. Management considers that this will create additional custom gold milling demand.
The Affiliate is in the process of completing a private placement of approximately $225,000 to conduct its work and the Company holds 5 million B&W shares. It is anticipated that in the course of its development B&W will seek to list its shares on a Canadian stock exchange and the company proposes to distribute the shares of B&W, which it holds to the shareholders of Sunset Cove Mining Inc.
While B&W is an independent and complimentary business to the operations of the company, it does share the services of its senior officers.
Sunset Cove is proud to announce that it has chosen Puente as its new sponsor for the Bolsa de Valores de Lima (BVL). Puente was founded in 1915 and is currently a leading Investment Banking leader in Argentina and operates regionally based in Peru, Panama and Uruguay.
Puente focuses in three business areas: Investment Banking, Wealth Management and Trading & Execution.
Puente has over 20,000 customers, including Individuals, Companies, Institutions, Governments and Financial Institutions. We are backed by our history and the instincts of a dynamic, efficient and professional structure.
About Sunset Cove - Sunset Cove Mining Inc. is a dynamic Canadian junior mineral exploration and development company dedicated to driving shareholder value through the economical acquisition, exploration and development of strategic metals properties in Canada and Latin American locations to the point where they become attractive joint venture or acquisition targets. Sunset currently has two properties in its portfolio, a graphite property in Quebec and the Carolay Silver property in Peru.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
For further information, please contact:
Lorne Woods, President, Sunset Cove Mining, (877) 234-0692; ext. 250
lwoods@sunsetcovemining.com