Palayan

Palayan Resources (OTC: PLYN) Updates Due Diligence Progress for Acquisition of Global FinTech Company with Assistance from Small Business Development Group (OTC: SBDG)

Retrieved on: 
星期三, 四月 13, 2022

Palayan Resources, Inc. (the Company or Palayan or PLYN) is a publicly traded, fully reporting emerging growth company.

Key Points: 
  • Palayan Resources, Inc. (the Company or Palayan or PLYN) is a publicly traded, fully reporting emerging growth company.
  • It was previously announced that Palayan had signed a Memorandum of Understanding to acquire the Global FinTech company; the company has asked not to be identified yet.
  • Palayan Resources, Inc. is a publicly traded holding company seeking transactions on a managed basis, acquiring controlling interests in acquisition targets as subsidiaries of Palayan Resources, an emerging growth company.
  • Small Business Development Group, Inc. (OTC: SBDG) is a holding company publicly traded on OTC Markets.

Palayan Resources Denounces Promotional Activity

Retrieved on: 
星期五, 七月 9, 2021

The Company emphatically denies it has taken any part in this scheme or any other stock promotion scheme.

Key Points: 
  • The Company emphatically denies it has taken any part in this scheme or any other stock promotion scheme.
  • Palayan Resources Inc. neither involves itself in nor condones such stock promotion schemes and reminds all investors to carefully consider all investments and to disregard any and all unauthorized information about Palayan Resources Inc. which has been disseminated, other than by the Company directly or its authorized representatives.
  • Palayan Resources, Inc. is an emerging growth company.
  • Headquartered in Lady Lake, FL, Palayan Resources is aiming to build a portfolio of companies that generate revenue and profitability.

Palayan is Pleased to Announce the Appointment of Original Shark Tank Investor and Global Infomercial Inventor Kevin Harrington as an Advisor to the Board of Directors and Consultant to the Company

Retrieved on: 
星期三, 八月 12, 2020

As a board member, Kevin co-founded theEntrepreneurs Organization and his legendary work behind-the-scenes of business ventures with his entrepreneurs has produced dozens of millionaires.

Key Points: 
  • As a board member, Kevin co-founded theEntrepreneurs Organization and his legendary work behind-the-scenes of business ventures with his entrepreneurs has produced dozens of millionaires.
  • Twenty of the companies with which Kevin has been involved have each topped $100 million in revenue.
  • Were honored to have Kevin join our team at Palayan as an advisor, said James Jenkins, CEO, of Palayan Resources, Inc.
  • Headquartered in Windermere, FL, Palayan Resources is aiming to build a portfolio of low cost, high margin mineral-rich projects.

Palayan Resources Information Statement

Retrieved on: 
星期二, 七月 21, 2020

2020 has been a year of transition for Palayan, said James Jenkins, CEO of Palayan.

Key Points: 
  • 2020 has been a year of transition for Palayan, said James Jenkins, CEO of Palayan.
  • *The historical mineral resource estimate (Historical Estimate) described and referenced in this release was prepared by and reported in a technical report prepared by Barry Davis, a related party of Palayan by virtue of being Chief Operating Officer and Director.
  • In order to consider the Historical Estimate as current mineral resources or mineral reserves, Palayan needs to retain an independent qualified person to verify historical drilling and assaying methods and validate historical results, add any drilling and assaying or other pertinent geological information generated since the last estimation, and complete an updated resource estimate and a new technical report.
  • The inverse distance method (IDM) was used to evaluate mineral resources.

Palayan Resources Acquires Certain Mineral Rights in Kazakhstan

Retrieved on: 
星期五, 六月 19, 2020

SMG-Gold B.V., a private company incorporated under the laws of the Netherlands, holds certain mineral rights through Altyn Kokkus LLP, a Kazakhstan limited liability partnership organized and existing under the laws of Kazakhstan, identified by a Subsoil Resources Use Contract No 2068 for land rights and underground mineral rights to the Kokkus Project, a gold and copper deposit in Kazakhstan (the Kokkus Project).

Key Points: 
  • SMG-Gold B.V., a private company incorporated under the laws of the Netherlands, holds certain mineral rights through Altyn Kokkus LLP, a Kazakhstan limited liability partnership organized and existing under the laws of Kazakhstan, identified by a Subsoil Resources Use Contract No 2068 for land rights and underground mineral rights to the Kokkus Project, a gold and copper deposit in Kazakhstan (the Kokkus Project).
  • It consists of a Subsoil Resource Contract under Kazakhstan law covering approximately 16 square kilometers.
  • The Kokkus Project is located in one of the foremost mining regions in Kazakhstan and we are committed to exploring the potential of this property, stated James Jenkins, President of Palayan Resources, Inc.
  • Palayan Resources, Inc. is an emerging growth company that engages in the acquisition, exploration, and development of mineral properties.