Borneo Resource Investments Ltd. Announces New Website
![Borneo Resource Investments Ltd. Announces New Website](https://www.goldseiten.de/media/goldseiten-news.jpg)
In announcing the new website, CEO Nils Ollquist commented, "The last six months have been a tumultuous period for both our investors and ourselves with significant changes to our business. Our new site has been designed to deliver a clear and concise picture of the 'new look' Borneo following the restructuring and reorganization process undertaken during the period. We have refined our mission statement as an ecologically sensitive gold producer, which we believe generates a clear advantage in our environmentally sensitive area of operation. We are emphasizing our close and developing relationship with local and regional authorities in Indonesia to both enhance our operations and build our position as an integral part of the local community. In the process we are building a sustainable and highly focused business which we believe will generate maximum return for our shareholders."
Mr. Ollquist concluded, "We hope that visitors to our new site will come away with a clearer picture of the outstanding opportunity we have to build our business in partnership with Southeast Asia's most dynamic economy."
About Borneo Resource Investments Ltd. (BRNE)
Borneo Resource Investments Ltd. ("BRNE") is a mining company that mines gold and develops producing gold mines as well as coal mining properties in the Republic of Indonesia. Borneo's current assets include three gold properties, two of which are producing gold. Cash flow-producing investments in gold properties help fund Borneo’s operations and investments in gold, while the Company develops high value, longer-term investments in thermal "coal concessions,' which are properties that can be mined for coal. Borneo currently has one coal concession in the Borneo region of Indonesia. Indonesia was the 8th largest gold producing nation in 2012 and the world's largest exporter of coal, with $25 billion exported in 2012.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. For example, we are using forward looking statements when we discuss the indications that the value of our coal reserves. These forward-looking statements are based on the current expectations of the management of Borneo Resource Investments Ltd. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in the price of coal, a change in the estimate of coal on our concessions, an inability to extract the coal reserves and changes in Indonesian law. Except as otherwise required by law, Borneo Resource Investments Ltd. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
CONTACT:
Please join our email distribution list by contacting:
Nils Ollquist, Chairman & CEO
ir@borneore.com
SOURCE: Borneo Resource Investments Ltd.