QED Connect Inc. Acquisition, Green M&A Solutions, Signs LOI for Hidalgos SA Mining

MANCHESTER, NH / ACCESSWIRE / April 24, 2015 / Management of QED Connect Inc. (PINKSHEETS: QEDN) today announced the signing of a Letter of Intent (LOI) by Green M&A Solutions to acquire title for three concessions for the mining rights located in the jurisdiction of Remedios, municipality of Department of Antioquia. The LOI includes the acquisition of facilities and equipment for a 100 tons per day processing plant located at the mine. QED announced the signing of a stock purchase agreement last month with Green M&A Solutions.

The Hidalgos SA Mining property includes 600 hectares, three mining licenses and has three known veins: Sofia, El Indio and la 39. The mine has a 100 years of history and all veins have been in production. The property was operated in the 1920’s by Choco Pacific where they discovered a 700 meter vein and, according to the records, extracted over 19,000 tons of ore, which was estimated to be less than 2% of the property’s potential. The property was sold to Frontino Gold Company who operated the mine until the 1935, when it was sold to Hidalgos SA Mining. It is conveniently located 12 miles from La Palmichala and 9 miles from Yurany, which are Green M&A Solutions’ other two Colombian operations.

Figure 1 Hidalgos Mine

The Hidalgos 100 ton per day gravity assisted processing plant can be adapted for primary crushing and concentrating, providing feedstock for the San Pablo mill at the Yurany Mine. The Hidalgos plant can be upgraded to 500 ton per day capability.

Figure 2 Hidalgos Processing Plant

As previously announced in the April 1, 2015 press release, Green M & A Solutions has entered into an agreement to acquire the Yurany mine which includes a multi-million dollar processing facility. The properties historically have produced 6 to 12 grams of gold per ton. It is estimated that the combined plants will also be able to support processing all of the ore that will be mined from La Palmichala, Yurani and Hidalgos deposits, and be able to handle additional ore from other mines in the surrounding area. Our goal is to process not only ore from our three deposits but also material from third parties. There are more than 5,000 small miners in the area that need to process their ore. Currently, Gran Colombia Gold processes material from over 1,000 small miners.

Ms. Kate Bahnsen, Green M&S Solutions CEO, commented, “With the acquisitions of Hidalgos and Yurany, we believe we will be good position to achieve our Company’s goal to increase revenue and reduce costs by being able to process the ore directly.”

The transaction is expected to close within 90 days.

Green M&A Solutions web site: www.greenminesolutions.com

About QED Connect, Inc.

QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED’s business model allows it to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com

Safe Harbor Statement

Certain statements in this press release that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “future,” “may,” “will,” “would,” “should,” “plan,” “projected,” “intend,” and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED’s future operating results are dependent upon many factors, including but not limited to the Company’s ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company’s control; and (iv) other risk factors.

For more information contact:

Tom Makmann
Tel: (603) 425-8933
Fax: (541) 764-6180
Email: info@qedconnect.com

SOURCE: QED Connect, Inc.

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