SOURCE: Buyer Group International, Inc.

May 03, 2016 09:20 ET

Buyer Group International Announces MD&A Update; Progress in Permitting of Target Acquisition

AUSTIN, TX--(Marketwired - May 3, 2016) - Buyer Group International, Inc. (the "company") or (OTC PINK: BYRG) today is issuing an advisory on movement in efforts for its target acquisition for the Company into an African based Gypsum project in initial Management Discussion & Analysis (MD&A).

BYRG announces update in the exploration process and permitting efforts at the Lindi Region and also Hotelli Tatu in the Kilwa District of Tanzania. Advisors have made progress with nearly 10% of the anticipated minimum budget needed to begin delivery on initial purchase orders. Through private outside sources in Australia, the project advisor arranged for the Tanzania project lead to receive roughly TSh$ 4,800,000 in Tanzania Shilling (or A$ 3,000 Aussie Dollars) on April 14, 2016 in furtherance of the exploration and permitting process in Tanzania. Please check out the company blog for pictures and information available at http://blog.byrg.co/2016/04/now-selling-tickets-to-south-africa.html.

"This Management Discussion & Analysis (MD&A) is provided in an effort to demonstrate and drive value to BYRG's shareholders. Upon completion of the Gypsum project, BYRG expects to conduct a carve-out with a separate capital structure or a Special Acquisition Company (SPAC). Details for such action by the Company will be available once completed. Shareholders of record, and in good standing, at certain dates will be the recipients of shares," said CEO David Bryant.

Mr. Bryant also added, "We are excited there is progress in the scoping of this acquisition target. We continue to review the budgetary needs for such an undertaking and are committed to provide, from time-to-time, MD&A disclosures as well as supplemental information in our filings. Please check our filings from time to time on OTC Markets."

About Buyer Group International, Inc.
Buyer Group International, Inc., (http://www.byrg.co) (OTC PINK: BYRG) is a mineral and natural resource exploration management company focused on acquiring and mining mineral-rich assets in Africa and the Western United States. The project's mission is to acquire properties rich in high-grade gypsum and other minerals that have the potential for long-term production and sustainable revenue generation. Buyer Group is continuously exploring strategic acquisition, partnership and joint venture opportunities that can increase its capital, equipment and natural resource assets.

Investors: The United States Securities and Exchange Commission limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. We may use certain terms in this press release, such as "reserves," "resources," "geologic resources," "proven," "probable," "measured," "indicated," or "inferred," which may not be consistent with the definitions established by the SEC. U.S. investors are urged to consider closely the disclosures in our reports filed with the OTC Markets Group, Inc.

See BYRG public disclosure at http://www.otcmarkets.com/stock/BYRG/company -- info for full details. Completion of proposed transactions and developments are dependent upon many important contingencies, including BYRG obtaining financing and guarantees, of which there is no assurance.

Safe Harbor Statement Information in this newsletter may contain statements about future expectations, plans, prospects or performance of Buyer Group International, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Buyer Group International, Inc. cautions you that any forward-looking information provided by or on behalf of Buyer Group International, Inc. is not a guarantee of future performance. Completion of the transaction is dependent upon important contingencies, including completion of financing, of which there is no assurance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Buyer Group International, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Buyer Group International, Inc.'s control. In addition to those discussed in Buyer Group International, Inc.'s press releases, public filings, and statements by Buyer Group International, Inc.'s management, including, but not limited to, Buyer Group International, Inc.'s estimate of the sufficiency of its existing capital resources, Buyer Group International, Inc.'s ability to raise additional capital to fund future operations, Buyer Group International, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Buyer Group International, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Buyer Group International, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events. Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. All statements, trends analysis, and other information contained in this memorandum including words such as "anticipate," "believe," "plan," estimate," "expect," and "intend" and other similar expressions of opinion, constitute forward looking statements. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond Buyer Group's control.

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