Lucky Punch Inc.
Lucky Punch Signs Letter of Intent
Lucky Punch Inc. / Key word(s): Letter of Intent Lucky Punch singns Letter of Intent LIMA/PERU. A binding letter of intent over the acquisition of three salt mines was signed by Lucky Punch Mining Ltda. as quoted by it's publicly traded holding company Lucky Punch Inc. on Tuesday. The purchase of the properties is planned for October 2011, given a successful closing of the deal. It was agreed upon to maintain silence over details of the transaction. Lucky Punch Inc. is looking forward to becoming one the leading explorer and producer of lithium world-wide as well as expanding its production volume of lithium-ion and lithium-polymer accumulators through it's latest acquisition. Lucky Punch Inc. explores lithium deposits, produces the raw material and sells lithium-ion and lithium-polymer accumulators, manufactured in own production in China. Mr. Hugo Pinto, managing director of Lucky Punch Mining Ltda. and CFO of Lucky Punch Inc. expressed himself very confident over the current development: 'After anouncing the acquisition of the salt mines in the middle of June, we are now very satisfied to be able to concretize the purchase. I am very positive on being able to conduct the acquisition as planned and making the company even more competitive and profitable for 2012. Lucky Punch Inc. is a Canadian Explorer with it's focus in lithium and rare-earth metals. The company is publicly traded at Frankfurt's Open Market under stock symbol ULP.
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131166 06.07.2011 |