We are pleased to announced that our parent company, Leone Asset Management, is growing well into the new year!
St. Petersburg, FL, Jan. 2, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Today, Leone Asset Management (OTC PINK: LEON) announced the forming of a new subsidiary in Sierra Leone to acquire mineral rights.
James Price, CEO of Leone Asset Management, stated, “We are extremely excited to update our shareholders and the general public about the forming of a new Sierra Leone subsidiary, Bright Rock Minerals, (SL) Limited. In addition to the forming of Bright Rock, the new subsidiary has negotiated the mineral rights for approximately a 200-acre property within the mineral rich region of Kono, Sierra Leone. This is the first property lease in the new subsidiary and this particular property has proven gold reserves that we will begin excavating and processing in the first quarter of 2019.
We feel this is an important and timely addition to Leone Assets holdings. Typically, Gold appreciates and is an excellent hedge and can prove to be a great source of cash flow in times of market instability, geopolitical uncertainty, rising interest rates and many other financial bumps in the road.”
About Leone Asset Management
Leone Asset Management, Inc., is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness, Infrastructure development, agriculture management and mining exploration. For additional information, visit: www.leoneasset.com.
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