SOURCE: Vivakor, Inc.

October 16, 2013 08:16 ET

Vivakor Announces Acquisition of Two Additional Patented Precious Metals Claims Adjacent to Company's Current Producing Claim

HENDERSON, NV--(Marketwired - October 16, 2013) - Vivakor Inc. (PINKSHEETS: VIVK) announces that VivaVentures Precious Metals LLC has acquired two additional patented BLM claims adjacent to the current producing claim in Arizona. 

Matt Nicosia, CEO of the Company, stated, "The addition of these two patented claims to VivaVentures Precious metals assets is significant as these properties have been assayed and are shown to be almost identical to our currently producing claim. This brings the claim count up to eight in that area of what we consider high in chloride metallic material that will be processed by our technology. The current production from sister claims in the area are significant and we believe that these claims, based on testing performed, will mirror the existing claims value. The Viva Ventures Precious Metals Extraction method allows for nano and micro size metallics of all types, precious metals and rare earths, to be extracted from the ore at a competitive price and with high yields."

About Vivakor, Inc.

Vivakor, Inc, is a asset acquisition company that develops and acquires assets that generate revenue currently or in the near term. The Company acquires technologies and assets in the fields of precious minerals, biotechnology, and alternative energy. We have several mineral assets that have great value and both create a cash flow and a long term revenue stream for the Company. We have effectively acquired positions in other Green Energy companies. We have several operating assets that produce revenues and cash flow to the company. Our business model is to acquire cash-flowing or near term cash-flowing mineral and or technology assets that an identified need or a substantial market opportunity with a significant market. For more information please visit www.vivakor.com.

FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements, including, but not limited to, statements regarding Vivakor's products and their related market potential. Forward-looking statements may be identified by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential," or "continue" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor's filings with the Securities and Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Vivakor undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.

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