Friday, September 20, 2013

Raptor Resources Holdings, Inc. (RRHI) Progresses Following Recent Alliances with Steinbock Minerals and Yasheya

In August, Raptor Resources Holdings announced the forging of strategic alliances with Steinbock Minerals Limited and Yasheya Limited. With these alliances secured, company subsidiary Mabwe Minerals has successfully established its distribution, sales, shipment, and delivery network.

Steinbock Minerals, a Switzerland-based key distributor in the industrial minerals sector, is now serving as the company’s distributor and sales arm as Raptor Resources Holdings and its subsidiaries specialize in the global distribution of industrial minerals, first focusing on barite. Steinbock Minerals has well-established customers throughout Europe and the Middle East, as well as long-term relationships throughout the oil and gas drilling sector, and will continue to support Raptor Resource Holdings’ master supplier agreement.

Steinbock Minerals has many barite customers who are in need of high-quality barite, which is available in mass quantities at Mabwe Minerals’ Dodge Mine, located in Zimbabwe. The Dodge Mine is a property that consists of various hydrothermal mountains representing 123 hectares containing multiple deposits of superior-grade barite, limestone and talc. The mine’s barite deposits were recently classified as “World Class” in quality by a third-party oil and gas drilling sector geologist.

A recognized global leader specializing in the shipment and delivery of industrial minerals, Yasheya is now serving as Mabwe Minerals’ shipping and delivery arm. With this strategic alliance in place, Yasheya is able to add the Port of Beira into its network of ports that service the industry’s need for high-grade barite.

Raptor Resources Holdings is a holdings company with its focus on mineral resource acquisition, exploration, and development. The company’s aim is to grow both organically and through the acquisition of seasoned mining and mineral assets. Its two subsidiaries are Mabwe Minerals, Inc. (OTCQB: MBMI) and TAG Minerals.

For more information, visit www.raptorresourcesholdings.com

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