Nyenta.com

Menu
  • Home
  • Business
  • Financial
  • Books
  • Entertainment
  • Health
  • Education
  • Technology
  • Music
Menu

Community Redevelopment Inc.Signs Gold Production Contract with Mine CA Gold Ltd.,
Nyenta.com/10325844

Trending...
  • The Truth About Mesomorphs, Endomorphs & Ectomorphs And Why You Are Not Reaching Weightloss Goals
  • Inklet Press Announces Release Of The Third Book In The Children's Chapter Book Joylight Series
  • PlaceBased Media Expands Point-of-Care Advertising Inventory Across U.S. Clinic Network
Securing Long-Term Participation in the Phillips Township Gold Project in Canada

BOSTON - Nyenta -- Community Redevelopment Inc., a Colorado registered company  or the "Company") is pleased to announce that it has signed a Gold Production Contract with Mine CA Gold Ltd., a Wyoming corporation that owns the Phillips Township Project, a Canadian-based gold property with significant development potential. This landmark agreement provides us with both an immediate financial stake and the opportunity to expand its ownership participation in gold production revenues over the life of the mine.

Under the terms of the agreement, we will make an initial US$200,000 investment, which entitles the Company to repayment of principal within two years, along with an ongoing 2% share of net gold production profits (net of production costs, audited by an accredited accounting firm). In addition, we have  secured an exclusive option to increase our participation by acquiring up to a 10% share of net production profits through further staged investments of US$200,000 per 1% interest, up to a maximum of US$2 million. This option is valid for 12 months from the effective date of the contract, August 14, 2025. We will also have the right to register a lien against Mine CA Gold's net receipts corresponding to its purchased interest, ensuring security for its investment.

Gold production from the Phillips Township Project is anticipated to begin no earlier than August 2026, contingent upon receiving all necessary permits to mine and extract gold and any other saleable metals. A detailed set of production estimates has been provided  for review as part of the agreement.

More on Nyenta.com
  • Why 3i Atlas? A Wonder in Heaven
  • Independent Artist Djamee Releases Groundbreaking Holiday Album "Holiday With Djamee And Me."
  • $750 Million Market on Track to $3.35 Billion by 2034: $NRXP Launches First-in-Florida "One Day" Depression Treatment in Partnership with Ampa Health
  • Pink Elephant Party & Tents Elevates Holiday Celebrations on Long Island
  • $750 Million Market Set to Soar to $3.35 Billion by 2034 as Florida Launches First-in-Nation One-Day: NRx Pharmaceuticals (N A S D A Q: NRXP) $NRXP

"This agreement marks a transformative milestone for Community Redevelopment Inc. as we strategically expand into the gold sector," said Phil Sands, CEO & President. "By securing long-term rights to participate in the Phillips Township Project, we are positioning us for exposure to gold production revenue streams at a time when demand for precious metals continues to grow globally. This partnership not only diversifies our portfolio beyond real estate and redevelopment but also provides the potential for significant, scalable cash flow for many years to come."

Mine CA Gold Ltd. President Russell Smith added: "We are excited to welcome Community Redevelopment  as a strategic partner. Their investment provides valuable support for advancing the Phillips Township Project toward production. The framework of this agreement ensures both parties benefit as we unlock the potential of this Canadian gold property."

The Phillips Township Project is located in a proven gold-bearing region of Canada, with favorable infrastructure, established mining history, and strong potential for expansion. With permitting underway, Mine CA Gold Ltd. is preparing for a staged development strategy designed to optimize capital efficiency and ramp up production sustainably.

This agreement highlights the Company commitment to pursuing diversified growth opportunities and expanding its exposure to natural resource sectors that can provide long-term value to shareholders. By securing interests in tangible assets like gold, We are strengthening its financial foundation while aligning with global demand trends in commodities and precious metals.

More on Nyenta.com
  • BITE Data raises $3m to build AI tools for global trade compliance teams
  • Phinge Issues Notice of Possible Infringement, Investigates App-less AI Agents & Technology for Unauthorized Use of its Patented App-less Technologies
  • South Florida Real Estate BocaRealty.com & BoyntonRealty.com Updated Websites for Buyers and Seller
  • Huntington Learning Center of Russellville Marks 1 Year Anniversary; Extends Reduced Grant-Aligned Rates to All Students in Learning Center Services
  • CCHR Supports Call to End Coercive Psychiatry at World Mental Health Congress

About Community Redevelopment Inc.

Community Redevelopment Inc. is a publicly traded company focused on strategic growth opportunities across multiple sectors, including real estate, renewable energy, and natural resources. Our mission is to create long-term shareholder value by diversifying its portfolio through strategic acquisitions, partnerships, and investments that leverage both emerging and established markets.

About Mine CA Gold Ltd.

Mine CA Gold Ltd. is a Wyoming corporation that owns the Phillips Township Project, a gold property located in Canada. The company is advancing the project through permitting and development, with an emphasis on sustainable practices and long-term production growth.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. These statements reflect current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, delays in permitting, fluctuations in commodity prices, development and operational risks, financing risks, and general market conditions. Investors are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements, except as required by law.

Contact:

Community Redevelopment Inc.

Investor Relations

Email: info@communityredevelopment.com

Website: www.communityredevelopment.com

Media Contact
Phil Sands
info@communityredevelopment.com
4385016500


Source: Community Redevelopment Inc.

Show All News | Report Violation

0 Comments
1000 characters max.

Latest on Nyenta.com
  • New Book by L.S. Smith Flips the Self-Help Script with Humor, Honesty, and Heart
  • Saelig Introduces $396 AIM-TTi ATG1005 5MHz Function Generator
  • Kaplan Morrell Law Firm Represents Former NHL Player in Workers' Compensation Case Drawing National Attention
  • Local Lighting Experts Debut AI Christmas Decorator: Upload a Photo, Get Instant Professional Holiday Design-- Completely Free
  • Emergency Court Hearing on Temporary Restraining Order in Raven v. NYS DEC Thursday, November 14, — Elmira, New York
  • MBA Standards Board Marks Trustees' Week Honoring Leaders Shaping the Future of Business Education
  • Ivy On Main Brings Back Thursday Night Prix Fixe Dinner — $45 for Two Courses
  • Surf Air Mobility (N Y S E: SRFM) Accelerates Regional Air Mobility Revolution with Electra Aero Partnership, Palantir Alliance, and Record Revenue
  • Cybersecurity is Fast Becoming a Vital Issue for Protecting Personal Information and Portfolio Wealth
  • Keis To Joi Debuts "The KEIS Within Collection"
  • 10 Essential Tips for Maximizing Value When Choosing Your Orlando Wedding Venue
  • Americans Are Trading Offices for Beaches: How Business Ownership Enables the Ultimate Location Freedom
  • Boston Industrial Solutions' Natron® DC Series Ink Has Had an Upgrade!
  • Strategic Market Dynamics in Frequency Control and Timing Devices
  • Colony Ridge Proudly Supports the All Ears! 2025 Sporting Clays Tournament
  • Jacob Emrani Nominated for LA Executive Award
  • Power Funding Solutions Surpasses $100 Million in Business Funding
  • Kansas City Steak Company Shares the Return of Their Holiday Gift Box
  • Why Gravity Racing for Diecast Cars Shines at Timber Creek Speedway
  • The Icla da Silva Foundation Honors Dr. Selwyn Vickers, President and CEO of MSKCC

Popular on Nyenta

  • Hiclean Tools Releases HCX2100 Electric Pressure Washer - 104
  • Cancer Survivor Roslyn Franken Marks 30-Year Milestone with Empowering Gift for Women Survivors
  • Arctic Edge Solutions LLC Secures $25,000 Revolving Credit Line from Penguin Securities
  • 'Wild Hermit Wellness' Has Achieved Bestseller Status in Just 2 Months Since Launch Of Organic Skincare Line
  • Wedding Bells: Newlyweds Rush to Try Simple QR Code 'Photo Hack' That's Taking the Stress Out of Wedding Memories
  • America Anesthesia Partners Unveils New User-Friendly Website
  • Investing in Greece: Your Definitive Real-Estate FAQ Guide
  • AGI prize for Emtech AI: replacing OpenAI
  • Mary Lee Painter Releases New Holiday Romcom Holiday on the Rocks
  • Filmmaker Christopher Wells Headlines Horrorcon: The Third Awakening

Similar on Nyenta

  • UK Financial Ltd Confirms All 8 Mexican Gold Mines Exist — Audited and Backing UKFL's Ecosystem With Double the 2018 Gold Value
  • POWER SOLUTIONS N.V. Partners with ENERGY33 LLC to Deliver a 40.5 MW Temporary Power Project for ECUACORRIENTE S.A. in Ecuador
  • ENERGY33 Successfully Completes Second Engineering & Construction Management Contract for a 27MW STX Cogeneration Power Plant in Honduras
  • Taliban Signal Reopening of Talks with Wasee Panah's Blackwood Group on Hajigak Iron Ore Project
  • Wasee Panah Guides Indian Consortium in $10.3 Billion Hajigak Mining Agreement
  • Durex Products Screen Media Suitable for U.S. FAST 41 Critical Minerals Mining Projects
Copyright © 2025 nyenta.com | Terms of Service | Privacy Policy | Contribute | Contact Us