LONDON, May 27 /PRNewswire-FirstCall/ -- The Board of
Directors of Indocan Resources, Inc. (OTC: IDCN) announces that it
and its strategic partner Mid-Atlantic Capital have engaged KZen
Equities Services Pvt. Ltd. of Mumbai,
India, Mauritius and
Dubai as advisors regarding the
raising of capital and other needs regarding the Bele Holdings gold
mines in South Africa that our
group has committed an initial $12
million capital infusion.
KZen Equities Services Pvt. Ltd. (KZen, www.KZen.com) is an
Indian investment advisory company, providing investment
opportunities in India and
worldwide, for individual and institutional investors and corporate
strategic stakeholders. They offer clients direct access to
the fast growing economy and emerging markets in India and around the globe. They draw on
international expertise to identify countries, sectors and asset
classes in the forefront of growth.
Company president, Jeffrey
Bruhjell says, "This alliance will lead to a successful
funding and IPO or reverse merger to accomplish our goals for Bele
Holdings."
Bele Holdings has been granted mining rights (new mineral
rights) for an area covering some 144 square kilometers in
Barberton – Mpumalanga province. The mineral rights comprise 414
base metal claims with a serious history of gold production at all
eight mining sites.
We seek "Safe Harbour"
More information can be learned by visiting our website:
www.indocan.com
CONTACT: Investor Relations, Ken
Ash +1-910-300-8189 kenash@indocan.com
SOURCE Indocan Resources, Inc.