White Mountain Titanium Corporation (OTCMKTS:WMTM) Foreseing Business in Honk Kong

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Las Vegas, NV -- (SBWIRE) -- 12/16/2013 -- White Mountain Titanium Corporation (OTCMKTS:WMTM) is a growing stage company that is involved in the business of exploration of minerals. The company explores mineral deposits. Its Cerroblanko mining concessions are located in Vallenar. The company seeks Titanium deposits mainly and struggles to extract them in economic and legal manner.

WMTM signed a Binding Memorandum of Understanding with Hong Kong based company Grand Agriculture Investment Limited. The company’s shareholder Kin Wong controls Grand Agriculture. The Investor will acquire 5,714,286 units and 20,000,000 additional units.

The company will receive $2,000,000 net proceeds by offering unites at $0.35 per unit purchase price. The additional units will be available at $0.40 per unit purchase price. This will offer another $8,000,000. The investor can purchase First or Second Tranche Units after fulfilling Securities and Exchange Commission’s requirements.

To find out what OTCMAGIC projects for White Mountain Titanium Corporation for both short term and long term please click here: WMTM

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