Private Placement funding allows Safari Minerals to further execute operational strategy.
Worldwide interest from investors high
Toronto, Ontario, Canada /July 27, 2012 - Today Safari Minerals Inc. is happy to announce that as a result of a very successful private placement program the company now has the capital in place to move to the next stage of its operational plan. The bulk of the capital raised will be used to purchase previously identified and negotiated mineral properties near the Kono area within Sierra Leone, West Africa. With a focus on gold and diamonds Safari Minerals is utilizing its extensive relationships and contacts in the area to continue moving forward in a positive direction. The goal is to finalize a mineral play by the end of August 2012.
President Andrew "Diamond Drew" Lovett: "Over the past few months Safari Minerals has been patiently gathering resources and capital for a big push into the Sierra Leone mineral market. Due to high worldwide investor interest and a successful private placement program, the company is very near its targets required for this push to take place.
The timing for the company could not be better as local production in the area is exceeding all expectations. The relationships that I have formed with the locals over the past 22 years have already provided a high level of value to both the company and its shareholders.
At this time Safari Minerals would like to thank all those that have invested in the company and encourages those with an interest in the company to visit the company's website at www.safariminerals.com .
About Safari Minerals: (www.safariminerals.com)
Safari Minerals is an emerging Jr. Mining and exploration company focused on Diamond's, and both base and precious metal production.
The company is currently executing with great success its phase one strategy of actively engaging in the highly profitable business of buying and selling of Diamonds out of Africa. By utilizing management's extensive African experience, established relationships and a rock solid understanding of the Diamond market, Safari Minerals is realizing ever increasing profits. A dynamic corporation, Safari Minerals Inc. is firmly focused on profitable cash flows while laying the ground work for aggressive growth.
Safari Minerals consists of respected industry veterans with the legendary Andrew "Diamond Drew" Lovett who in the role of President and CEO is actively engaged in every aspect of the company's continued success.
Doing business in Africa requires extensive in country experience, rock solid relationships and a firm understanding of local tribal culture. The upper management at 'Team Safari Minerals' has over 50 years of collective real world experience, has in place not only the necessary business relationships but also decades long friendships with top people in country and has the respect of the local tribes built on years of mutual trust.
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