Sky Century Investment, Inc. Moves Ahead to Acquire 60% of Marble Mine

HONG, KONG / ACCESSWIRE / February 7, 2017 / Sky Century Investment, Inc. (OTC PINK: BNRM) announces that they have signed a Letter of Intent for acquiring Prosperity Marble Mining and Investment (HK) Ltd., which owns 60% of the mining rights of Hong Guang Marble Mine located in Shaoguan City, Guangdong Province, PRC. Due diligence by Sky Century Investment Inc. will start as soon as possible in regarding the validity and the length of the mining license from the seller.

As Sky Century Investment, Inc. (OTC PINK: BNRM) prepares to take a majority stake in the active marble mine, the investment holding company is forecasting strong earnings growth over the next several years. Here are the company’s estimates moving forward, based on a selling price of $150 per cubic meter of marble stone:

Full year 2017: $8 million in revenue, $4 million in EBITDA earnings

Full year 2018: $12 million in revenue, $6 million in EBITDA earnings

Full year 2019: $18 million in revenue, $9 million in EBITDA earnings

Full year 2020: $25 million in revenue, $13 million in EBITDA earnings

About
Hong Guang Marble Mine

The Hong Guang Marble Mine has a radius of two square kilometers, which is the size that was approved by the government. Furthermore with the current mining machinery and equipment on site, the mine is able to produce between 300 and 600 cubic meters of marble per day.

In total, the Hong Guang Marble Mine has estimated reserves of around 200 million cubic meters of marble. Based on a market price of $10 per square meter of marble, the mine’s reserves are worth around $2 billion. However, when factoring in sales to distributors, management estimates the market value to be around $20 billion.

About BNRM/Sky Century Group

Sky Century Investment (OTC PINK: BNRM) is a Hong Kong based holding company that is in the business of acquiring mines, mining rights, leases and licenses. We are in the process of acquiring 60% of the Hong Guang Mine from Prosperity Marble Mining & Investment (HK) Ltd. through a Foreign Joint Venture and Licensing Agreement. Our management team has extensive business experience being involved in a number of successful companies in such sectors including commodities, import/export and Forex.

Safe Harbor: This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of BNRM/Sky Century Group Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond BNRM/Sky Century Investment Inc.’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in the Company’s filings.

BNRM/Sky Century Investments, Inc. Room 5-6,
18th Floor, Tower 6, China Hong Kong City,
33 Canton Rd. Kowloon, Hong Kong
Xiaoying Lei/ CEO/President
winglei2017@yahoo.com

SOURCE: Sky Century Investment, Inc.

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