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WorldVest dba Iron Mining Group Completes Acquisition of Chilean Iron Ore Company, Chile Inversiones de Minerales, Ltd.
Company Assets Consist of Iron Ore Reserves and Port Development Agreements
New York, NY August 27, 2010 - WorldVest, Inc. (OTCBB: WOVT) dba. Iron Mining Group ("IMG" or the "Company"), announced that it has completed the acquisition of Chile Inversiones de Minerales Ltd., a Chilean mineral investment and mining company ("CIM"). CIM will serve as an operating subsidiary to IMG, allowing IMG the ability to consolidate various iron ore mining opportunities along with complementary port and logistics infrastructure in Chile....more
WorldVest to Amend Name to Iron Mining Group
Company Prepares to Complete Acquisition of Chile Inversiones de Minerales, Ltda. a Chilean Iron Ore Investment & Mining Company.
New York, NY August 10, 2010 - WorldVest, Inc. (OTCBB: WOVT), announced plans to amend its name to Iron Mining Group, S.A. It is estimated that in the next 30 days the name change will effected with FINRA resulting in a new trading symbol being issued...more
WorldVest Hurricane adds Logistics Expert, Richard Whelan as COO
Brings Decades of Experience Managing Multi-Billion Dollar Procurement and Logistics Contracts within the U.S. Department of Defense and Fortune 500 Corporations
New York, NY August 4, 2010 - WorldVest, Inc. (OTCBB: WOVT), dba WorldVest Hurricane Resources ("WorldVest Hurricane"), announced the addition of Richard T. Whelan as its Chief Operating Officer. In this role, Mr. Whelan will assume responsibility for overseeing the general operations of the company including leading all logistics efforts which account for a large part of the company's global iron ore acquisition, development and trading business...more
WorldVest Hurricane Resources signs $15 Billion Iron Ore Sales Contract
Signs Joint Venture MOU for Future Strategic Investment & Long-Term Partnership with one of China's Largest State-Owned Steel Groups
New York, NY July 8, 2010 - WorldVest, Inc. (OTCBB: WOVT), dba WorldVest Hurricane Resources ("WorldVest Hurricane"), announced the signing of a Joint Venture Memorandum of Understanding (the "JV-MOU"), which includes a 11-year, $15 billion iron ore sales contract with Tianjin Metallurgical No.1 Iron & Steel Group ("Tianjin Steel"), a large state-owned steel company...more
WorldVest Hurricane Resources Acquires Chile Inversiones de Minerales, Ltda.
Includes Tocopilla Beach Sands with Preliminary Geology Exceeding 50,000,000 MT of Iron Ore
New York, NY July 6, 2010 - WorldVest, Inc. (OTCBB: WOVT), dba WorldVest Hurricane Resources ("WorldVest Hurricane"), announced the signing of a Letter Of Intent ("LOI") for the acquisition of Chile Inversiones de Minerales, Ltda., a Chilean mineral investment and mining company ("CIM"). CIM consists of a highly experienced management team and holds mineral rights to a substantial "Tocopilla Beach Sands" Iron Ore reserve and several additional pending mineral concessions in Chile's Atacama Desert...more
WorldVest Finalizes Initial $475.5M Iron Ore Supply Contracts
Company Narrows its Business Focus to Natural Resources Trading and Investment
New York, NY June 17, 2010 - WorldVest, Inc. (OTCBB: WOVT) announces that its subsidiary, Hurricane Global Resource Corporation ("Hurricane"), has executed two iron ore Supply Contract Addendums outlining final terms for the sale of 3,300,000 metric tons of iron ore to be delivered over the next 16 months for a total value of USD$475.5 million...more
WorldVest Subsidiary Hurricane Signs Iron Ore Sales Contract with Chinese Commodities Import & Trading Company
Annual Contract Value of $1.4 Billion with $286 Million Initial Supply Secured
New York, NY April 5, 2010 - Hurricane Global Resource Corporation ("Hurricane"), a wholly owned subsidiary of WorldVest, Inc. (OTCBB: WOVT), announced today that it has secured its first iron ore purchase contract from a prominent Chinese commodities import and trading company (the "Buyer"). Through this contract, the Buyer has agreed to purchase up to 12 million tonnes of iron ore annually from Hurricane, with an annual current market value of $1.4 billion USD. Through its broad relationships in Latin America, Hurricane has begun sourcing available iron ore supplies...more
Hurricane Signs Joint Venture for China Iron Ore Sales Office
Appoints Senior Steel Executive, Mr Qianli Ma as Managing Director
New York, NY March 30, 2010 - Hurricane Global Resource Corporation ("Hurricane"), a subsidiary of WorldVest, Inc. (OTCBB: WOVT), signed a Joint Venture to launch its Chinese Iron Ore Sales Office in Tianjin, China. Simultaneously, Hurricane announced the addition of Qianli Ma, as its Managing Director in charge of negotiating and managing all Hurricane relationships with the Chinese steel industry. Mr. Qianli Ma has extensive experience and far-reaching relationships within this industry as well as within the state and federal governments of China...more
WorldVest to Launch Hurricane Global Resource Corporation
Receives Letter of Intent from Chinese Iron Ore Import Company
New York, NY February 19, 2010 - WorldVest, Inc. (OTCBB: WOVT), a global merchant bank ("WorldVest"), announced today the launch of Hurricane Global Resource Corporation ("Hurricane") as a platform development subsidiary. Hurricane will engage in global trading of in-demand resources between high growth markets such as Latin American and Asia and will seek to secure continuous long-term supply through strategic acquisitions in a diversified slate of natural resource projects...more
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