SOURCE: Mabwe Minerals Inc.

July 09, 2013 08:30 ET

Mabwe Minerals Frames Strategic Alliances With Steinbock Minerals Ltd. and Yasheya Ltd.

FREEHOLD, NJ--(Marketwired - Jul 9, 2013) - Mabwe Minerals Inc. (OTCQB: MBMI) (the "Company") is pleased to announce the forging of a strategic partnership with both Steinbock Minerals Limited and Yasheya Limited via a Memorandum of Understanding (MOU) that is currently under favorable due diligence. With mutual interest, pursuing these strategic alliances represents the missing link to the Company's ability to establish a strong presence in the barite marketplace as an emerging high quality source supported by companies that specialize in the worldwide distribution, marketing, sales, shipment and delivery of industrial minerals.

For further information, view the RaptorNews 2nd Edition publication at http://dtg.fm/Raptor-Corporate-Briefings.

During the due diligence period, the companies will be working together at the Port of Beira, Mozambique, along with the Mozambique and Zimbabwe Rail Authorities, to integrate into Mabwe Minerals' network. Steinbock Minerals has first-hand experience mining barite vein deposits having developed customized jigging systems to efficiently capture barite in the halo zones. Working with Mabwe Minerals' minority owned mining partner, WGB Kinsey & Company, Steinbock Minerals is accessing the needs and supporting integration of application-specific equipment tailored to optimize barite production, which should accelerate mining efficiencies at Dodge Mine. 

Steinbock Minerals specializes in the supply and distribution of multiple barite types along with talc similar to the minerals associated with Mabwe Minerals' Dodge Mine. David Coplet, President of Steinbock Minerals, noted, "I was very pleased to see the barite vein structure with the surrounding high-value halo zone at Dodge Mine as our customized jigging systems are ideal for this setting. Steinbock Minerals is the primary barite distributor supporting chemical-grade applications as well as off-white and bright-white applications. Based on first-hand observations, Dodge Mine barite is world-class in quality." 

Yasheya is a highly experienced logistics management company supported by state-of-the-art web-based freight supervision software and is recognized as a worldwide leader in the international transportation of industrial minerals. Abel Coplet, CEO of Yasheya, commented, "Our team was pleased with the Port of Beira visit as we confirmed first-hand the class of vessel we hoped could dock at the port. Based on our preliminary assessment, Mabwe Minerals is competitively positioned to support the barite demands of Europe and the Middle East. The Company is ideally positioned to dominate the local region when addressing the massive oil & gas discoveries off the coast of Mozambique." 

Al Pietrangelo, CEO of Mabwe Minerals, stated, "Both Steinbock Minerals and Yasheya have established, long-term relationships with our current oil & gas drilling fluids customer who encouraged all parties to meet. Once the due diligence period is completed, integrating our strategic partners into the Master Supplier Agreement should further strengthen our relationship by surrounding our company with established industry leaders in the distribution and delivery of industrial minerals."

"With state-of-the-art freight management and an established worldwide mineral distribution network, coupled with the tracking ability to monitor our barite inventory at multiple entry points, our pending strategic partners are the missing link for our shareholders as well," concluded Pietrangelo.

About Raptor Resources Holdings Inc.

Raptor Resources Holdings Inc. (OTCQB: RRHI) is the parent/holding company of Mabwe Minerals Inc. with a second independently operating subsidiary: TAG Minerals Inc.

To learn more about Raptor Resources Holdings and its subsidiaries, visit www.raptorresourcesholdings.com or www.dtg.fm/RRHI-Presentation

About Mabwe Minerals Inc.

Mabwe Minerals Inc. is a U.S. based natural resources and hard asset company engaged in the mining, logistics and commercial sales of industrial minerals and metals, with first focus on barite. The company's operations are conducted through its Zimbabwe parent/holding affiliate, Mabwe Corporation (Private) Limited, which includes wholly owned subsidiary Mabwe Minerals Zimbabwe (Private) Limited and minority owned WGB Kinsey & Company. Raptor Resources Holdings owns 90 million shares of Mabwe Minerals or approximately 66% of its issued and outstanding shares of common stock.

To learn more about Mabwe Minerals, visit www.dtg.fm/MBMI-Presentation

About TAG Minerals Inc.

TAG Minerals Inc. is a U.S. based mineral/metal resource acquisition, exploration and development company. The company, with operations conducted through its indigenous affiliate TAG Minerals Zimbabwe (Private) Limited, is responsible for alluvial gold production along with the development of greenfield assets targeting bedrock gold and other viable hard assets.

Notice Regarding Forward-Looking Statements

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" ("FLS") within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. FLS include statements predictive in nature, depending upon or referring to future events / conditions, including words like "believes," "anticipates," "intends," "plans," "expects," and similar expressions. Statements concerning future financial performance (revenues, earnings, and growth rates), ongoing business strategies / prospects, and future actions, which may be provided by management, are also FLS as defined by the Act. The actual and any future results, performance or achievements of the Company, expressed or implied, may be materially different and vary significantly for different reporting periods due to FLS that involve known and unknown risks and other factors. Management believes that the assumptions made and expectations reflected in the FLS are reasonable. There is no assurance that the underlying assumptions will prove to be correct and the actual future results may be different from expectations expressed above. These statements are not guarantees of future performance. Raptor Resources Holdings Inc. and Mabwe Minerals Inc. have no specific intention to update these statements.

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