TUCSON, Ariz., July 17, 2014 (GLOBE NEWSWIRE) -- GoldKey Resources, Inc. (OTC:CKYI), a natural resources development company, announced today the launch of a crowdfunding campaign with EquityNet.com, designed to raise US$1.5 million.
Niles Helmboldt, CEO of GoldKey, stated: "Our crowdfunding initiative is part of an overall campaign to capitalize on opportunities to assist and finance junior exploration and mining companies." GoldKey is testing a new paradigm designed to mitigate risk and maximize growth, based on the belief that junior explorers often fail at the moment of greatest opportunity—after the discovery of a significant resource.
GoldKey acquires or joint ventures with junior mining companies that have taken the risk of greenfield exploration but are unable to bring a project to market. GoldKey's experienced team evaluates these prospects, completes geological work, analyzes the provenance of licenses, and prepares properties for sale to mid-tier or major mining companies, or enters into JV partnerships.
GoldKey's initiative is part of a Private Placement Memorandum. GoldKey is selling 75 Units for US$1,500,000. Each unit consists of 80,000 Series A Common Shares and 160,000 warrants. Price per Unit is US$20,000. Shares are offered under SEC Regulation D, Rule 506 (b) and sold solely to "accredited investors." This is an opportunity to participate in a fresh approach to resource development that is practical and fiscally conservative.
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About GoldKey Resources
GoldKey Resources, Inc. is a Delaware corporation offering a wide range of expert advice and project funding for junior mining and exploration companies based in West Africa, the most prospective gold region in the world. GoldKey has an extraordinary, seasoned team of exploration and mining professionals, investment and merchant bankers, fund managers, political and security analysts, and contract negotiators. The GoldKey team has owned, managed, bought and sold mines and mineral properties in Africa, advised private and public companies and sovereign governments.
Forward-Looking Statements. Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term are defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described in this release. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, and general economic risks and uncertainties.
CONTACT: Wall Street Media Group Mr. Bryan Black 866-465-6551 firstname.lastname@example.orgSource:GoldKey Resources, Inc.