SAN JOSE, Calif.--(BUSINESS WIRE)--Green Technology Solutions, Inc. (OTCBB:GTSO) announced today that Chery Minerals, LLC, the company with which it is negotiating a strategic partnership, has scheduled its first African gold transaction.
Chery Minerals is set to deliver a shipment of semi-processed gold ore mined in West Africa to a refinery in France. It will be the first of many such transactions that Chery has planned. The company’s business plan involves working with local governments and business partners in Africa to assemble, grade and ship semi-processed gold to world-class refineries outside of the continent.
“We’re excited by Chery Minerals’ progress toward achieving this milestone, and we take it as more evidence that this company is on the fast track to success,” said GTSO CEO Paul Watson. “We look forward to cementing our partnership with them very soon.”
GTSO hopes to finalize its strategic partnership with Chery Minerals before the year ends, Watson added.
GTSO plans to service a fast-growing global appetite for rare and precious metals to compete in an exciting sector that includes Goldcorp Inc. (NYSE: GG), Newmont Mining Corp. (NYSE: NEM), SPDR Gold Shares (NYSEArca: GLD) and Barrick Gold Corp. (NYSE: ABX).
To track gold’s meteoric rise and learn more about GTSO’s resource development initiative, please visit www.gtsogold.com/investors.
About Green Technology Solutions, Inc.
Green Technology Solutions, Inc. [www.GTSOgold.com] is a growth-oriented company exploring precious metals production around the world. To learn more, please visit our website at www.GTSOgold.com/investors.
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