Hondo Minerals Corporation (OTCMKTS: HMNC) Binding Letter of Intent with Crowncorp

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Las Vegas, NV -- (SBWIRE) -- 12/18/2013 -- Hondo Minerals Corporation (OTCMKTS: HMNC) is based in Addison, Texas and was formed in 2007. The company primarily focuses on acquiring, exploring and developing quarries, exploring rights and mining real estate in the Canada, Mexico and United States.

Hondo Minerals recently updated its stakeholders about its binding letter of intent (“LOI”) with CrownCorp Investments Corporation. The company announced that the CrownCorp’s chiefs, associates and advisors are in constant touch with them and consequently they have assured the company about their intent of completing the agreed outstanding transaction.

Furthermore CrownCorp is also trying to arrange different sources of finance for supporting this transaction and consequently they have also shown their intention for compensating the breach through conveying the first portion of financial funds by or before 19 December 2013.

To find out what OTCMAGIC projects Hondo Minerals Corporation, for both short term and long term please click here: HMNC

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