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28.03.2022
Rainforest Resources Announces the Negotiations for the Acquisition of a New Property in Pablo Sexto

 

Miami, Florida, March 28, 2022. RAINFOREST RESOURCES INC. (Symbol: RRIF) and its subsidiary RAINFOREST DEL ECUADOR are pleased to announce the beginning of negotiations with the Peñafiel Family for the acquisition of the 6,770 hectares property in Paulo Sexto, province of Morona Santiago, Ecuador, next to the land of our SUMAKSACHA project.

 

The acquisition of this new property will allow us to expand the land included in our project, to increase the volume of protected areas for reforestation and the protection of flora and fauna, which will provide the possibility of obtaining more carbon credits in the future.

 

In addition, we are analyzing the possibility of entering in negotiations with the Arias family for the acquisition of another 6,125 hectares next to our SUMAKSACHA project property.

 

For further information on Rainforest Resources Inc. (RRIF) please visit the Company website, www.rainforestresourcesinc.com

 

This Press Release contains certain forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. Words such as “expects” “anticipates” “plans” “believes” “scheduled” “estimates” and variations of these words and similar expressions are intended to identify forward-looking statements, which include but are not limited to projections of revenues, earnings, segment performance, cash flows, contract awards, and stability. Forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors beyond the control of management. All forward-looking statements speak only as of the date of this release, or, in the case of any documents incorporated by reference, the date of that document. All subsequent written and oral forward-looking statements attributable to the company or any person acting on the company’s behalf are qualified by the cautionary statements in this section. The company does not undertake any obligation to update or publicly release any revisions to forward looking statements to reflect events, circumstances or changes in expectations after the date of this report.

 

For further information, contact : info@rainforestresourcesinc.com

 



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