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Article: HE-5 RESOURCES CORP., Announces Management Arrived in NYC for Closings and Monday Morning Newsletter.
- Article from:
- Marketwire Canada
- Article date:
- October 5, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK CITY, NEW YORK, Oct 5, 2009 (Marketwire via COMTEX) -- HE-5 Resources, Corp. (PINK SHEETS:HRRN), Today announced management arrived in NYC for Closings and Monday Morning News Letter.
The company will be meeting with US auditors and securities attorneys, to complete the financial consolidation of the 35,000,000 EUROS asset value of the Private Swiss Bank Venture. The financial documentation must be re-assessed and revised to respond to US GAAP and recognized accounting practices.
Management has finalized the evaluation of the current financial portion, already committed in term loan and equity engagements for the European market for a total of ...