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USCorp a Junior Gold Exploration Company Signs Letter of Intent - 500 Beiträge pro Seite

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USCorp a Junior Gold Exploration Company Signs Letter of Intent With Chinese Conglomerate

LAS VEGAS--(BUSINESS WIRE)--USCorp (OTCBB: USCS - News) has signed a non-binding Letter of Intent (LOI) with a multinational Chinese agricultural conglomerate with over USD$700 million in annual revenues. The next step is to complete a definitive agreement spelling out terms and conditions including major financing for USCorp.

As reported in the Company’s last press release, management is engaged in discussions with other individuals and entities.

“We believe USCorp has shown itself to be a survivor in an era of economic difficulties that have left many investors whose investments in ‘safe’ or ‘conservative’ companies left them holding the bag, in some cases an empty bag. And in an era of disappearing juniors, forced out of business by the effects of the economy, USCorp is still around, kept alive by the efforts of our management team, working hard and spending frugally, as well as the efforts of our loyal shareholders and investors. USCorp has done what it said it would do, limited only by finances available to fulfill our business plan,” stated Robert Dultz, CEO of USCorp.

More information on USCorp can be found at the company’s website: http://uscoprnv.com.

About USCorp

USCorp has two mineral exploration projects in the United States: the gold and silver Twin Peaks project located in Yavapai County, Arizona, and the gold Picacho Salton project located in Imperial County, California.

About Measurements

Technical Reports and Feasibility Studies on our projects are presented in accordance with Canadian and internationally recognized standards. The terms "Mineral Resource," "Measured Mineral Resource," "Indicated Mineral Resource" and "Inferred Mineral Resource" are Canadian mining terms and are not defined terms under standards of the United States Securities and Exchange Commission (SEC). Under SEC standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically produced and permitted in order to be legally produced or extracted at the time the reserve calculation is made. USCorp cautions readers not to assume that all or any part of Measured, Indicated or Inferred Resources will ever be converted into Mineral Reserves as defined by the SEC.

Forward-Looking Statements

Statements contained in this release that are not historical facts are forward-looking and involve risks and uncertainties. See “Risk Factors” in the company’s filings with the U.S. Securities and Exchange Commission. The actual results that the company achieves may differ materially from any material forward-looking statements due to such risks and uncertainties. The company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.


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