Dear Mayan Gold Shareholders,
I am pleased to announce that Mayan Gold has completed the sale of its Clavo Rico mine and concession to Razor Resources, Inc., a US publicly traded stock company. Razor is currently listed on the Bulletin Board of the NASDAQ and trades under the symbol RZOR.OB. Under the Agreement, Razor has committed additional funding and management for the operations at the Clavo Rico mine in Honduras and will exchange a substantial number of Razor shares to Mayan Gold. Simultaneously, the Board of Directors of Mayan Gold has approved the distribution of one share of Razor stock to its shareholders for each share of Mayan Gold they own.
Mr. Kelly Fielder, the President and CEO of Razor stated, "We are all very excited about the combination of Mayan Gold's producing mine and the potential resources of the Clavo Rico mining concession with Razor's capital and management. We will immediately evaluate the possibility of expanding production and increasing its proven gold reserves."
Mayan Gold President, Mark Zobrist, declared that it will continue to develop its Potosi mine and its remaining concessions in Honduras in order to build additional value for its shareholders.
Congratulations to all those who worked so tirelessly to complete this transaction.
Regards,
Mark Zobrist,
CEO