Buyer Group International, Inc. Issues 2025 Letter to Shareholders and Announces 46% Reduction in Outstanding Shares
Buyer Group International (BYRG) has announced a significant 46% reduction in outstanding shares, decreasing from 7.84 billion to 4.22 billion shares. The company, focused on the Shambhala Project in Wyoming's New Rambler Mining District, detailed multiple share cancellations over the past 24 months.
The company's 2025 Letter to Shareholders highlighted their second year of exploration at Project Shambhala, which yielded promising results for an initial resource estimate. BYRG expanded its leadership team in 2024 with new positions including CFO and Lead Geologist. The company continues negotiations regarding 552,175,879 free-trading shares with BNY bankruptcy liquidators.
For 2025, BYRG plans Phase 2 IP Testing in spring, followed by maiden drilling in Q3 2025. The company aims to revive the New Rambler District, Wyoming's only documented source of high-grade platinum and palladium, with recent surveys indicating mineralization extending southward.
Buyer Group International (BYRG) ha annunciato una significativa riduzione del 46% delle azioni in circolazione, passando da 7,84 miliardi a 4,22 miliardi di azioni. L'azienda, focalizzata sul Progetto Shambhala nel Distretto Minerario New Rambler del Wyoming, ha dettagliato molteplici cancellazioni di azioni negli ultimi 24 mesi.
La lettera ai soci del 2025 ha evidenziato il secondo anno di esplorazione del Progetto Shambhala, che ha fornito risultati promettenti per una stima iniziale delle risorse. BYRG ha ampliato il proprio team di leadership nel 2024 con nuove posizioni, tra cui CFO e Geologo Capo. L'azienda continua le negoziazioni riguardanti 552.175.879 azioni libere in circolazione con i liquidatori fallimentari di BNY.
Per il 2025, BYRG prevede il Fase 2 di Test IP in primavera, seguita dalla prima perforazione nel terzo trimestre del 2025. L'azienda mira a rilanciare il Distretto New Rambler, l'unica fonte documentata di platino e palladio di alta qualità nel Wyoming, con recenti sondaggi che indicano un'estensione della mineralizzazione verso sud.
Buyer Group International (BYRG) ha anunciado una reducción significativa del 46% en las acciones en circulación, disminuyendo de 7.84 mil millones a 4.22 mil millones de acciones. La empresa, centrada en el Proyecto Shambhala en el Distrito Minero New Rambler de Wyoming, detalló múltiples cancelaciones de acciones en los últimos 24 meses.
La carta a los accionistas de 2025 destacó su segundo año de exploración en el Proyecto Shambhala, que arrojó resultados prometedores para una estimación inicial de recursos. BYRG amplió su equipo de liderazgo en 2024 con nuevas posiciones, incluyendo CFO y Geólogo Principal. La empresa continúa negociando sobre 552,175,879 acciones libres con los liquidadores de quiebras de BNY.
Para 2025, BYRG planea la Fase 2 de Pruebas IP en primavera, seguida de la perforación inicial en el tercer trimestre de 2025. La empresa busca revitalizar el Distrito New Rambler, la única fuente documentada de platino y paladio de alta calidad en Wyoming, con encuestas recientes que indican una mineralización que se extiende hacia el sur.
Buyer Group International (BYRG)는 유통 주식 수를 46% 줄여 78억 4천만 주에서 42억 2천만 주로 감소했다고 발표했습니다. 이 회사는 와이오밍의 뉴 램블러 광산 지구에 있는 샴발라 프로젝트에 집중하고 있으며, 지난 24개월 동안 여러 차례의 주식 취소를 상세히 설명했습니다.
2025년 주주에게 보내는 편지에서는 샴발라 프로젝트에서의 두 번째 탐사 연도를 강조하며 초기 자원 추정에 대한 유망한 결과를 보여주었습니다. BYRG는 2024년에 CFO 및 수석 지질학자를 포함한 새로운 직책으로 리더십 팀을 확장했습니다. 이 회사는 BNY 파산 청산인들과 552,175,879개의 자유 거래 주식에 대한 협상을 계속하고 있습니다.
2025년을 위해 BYRG는 봄에 2단계 IP 테스트를 계획하고 있으며, 2025년 3분기에는 첫 번째 시추를 진행할 예정입니다. 이 회사는 와이오밍에서 고품질 백금과 팔라듐의 유일한 문서화된 출처인 뉴 램블러 지구를 부활시키기 위해 최근 조사에서 남쪽으로 광물화가 확장되고 있음을 나타내고 있습니다.
Buyer Group International (BYRG) a annoncé une réduction significative de 46 % des actions en circulation, passant de 7,84 milliards à 4,22 milliards d'actions. L'entreprise, axée sur le Projet Shambhala dans le District Minier de New Rambler dans le Wyoming, a détaillé plusieurs annulations d'actions au cours des 24 derniers mois.
La lettre aux actionnaires de 2025 a mis en évidence leur deuxième année d'exploration du Projet Shambhala, qui a donné des résultats prometteurs pour une estimation initiale des ressources. BYRG a élargi son équipe de direction en 2024 avec de nouveaux postes, notamment un CFO et un Géologue Principal. L'entreprise continue les négociations concernant 552 175 879 actions librement négociables avec les liquidateurs de faillite de BNY.
Pour 2025, BYRG prévoit des tests IP de Phase 2 au printemps, suivis d'un premier forage au troisième trimestre 2025. L'entreprise vise à revitaliser le District de New Rambler, la seule source documentée de platine et de palladium de haute qualité dans le Wyoming, des enquêtes récentes indiquant que la minéralisation s'étend vers le sud.
Buyer Group International (BYRG) hat eine signifikante Reduzierung der ausstehenden Aktien um 46% angekündigt, von 7,84 Milliarden auf 4,22 Milliarden Aktien. Das Unternehmen, das sich auf das Shambhala-Projekt im New Rambler Mining District in Wyoming konzentriert, hat in den letzten 24 Monaten mehrere Aktienstreichungen detailliert.
Der Brief an die Aktionäre von 2025 hob das zweite Jahr der Erkundung des Shambhala-Projekts hervor, das vielversprechende Ergebnisse für eine erste Ressourcenschätzung lieferte. BYRG erweiterte 2024 sein Führungsteam um neue Positionen, darunter CFO und leitender Geologe. Das Unternehmen führt weiterhin Verhandlungen über 552.175.879 frei handelbare Aktien mit den Insolvenzverwaltern von BNY.
Für 2025 plant BYRG die Phase 2 der IP-Tests im Frühjahr, gefolgt von der ersten Bohrung im dritten Quartal 2025. Das Unternehmen hat sich zum Ziel gesetzt, den New Rambler District, die einzige dokumentierte Quelle für hochwertiges Platin und Palladium in Wyoming, wiederzubeleben, wobei aktuelle Umfragen darauf hinweisen, dass sich die Mineralisierung nach Süden erstreckt.
- 46% reduction in outstanding shares (from 7.84B to 4.22B)
- Successful completion of second year exploration with promising results
- Expanded corporate leadership with key positions (CFO, Lead Geologist)
- Planned Phase 2 drilling program for Q3 2025
- 552,175,879 free-trading shares still pending resolution with BNY liquidators
- Operating with capital as a junior mining company
- No current resource estimate or production
- Dependent on future funding for planned drilling program
SHERIDAN, WY / ACCESS Newswire / March 6, 2025 / Buyer Group International, Inc. (OTC PINK:BYRG), a junior miner company focused on its flagship Shambhala Project containing approximately 2.65 square miles of mineral rights in the New Rambler Mining District in Albany County, Wyoming, is pleased to announce its 2025 Letter to Shareholders, highlighting key achievements from the past year and outlining corporate objectives for the year ahead. In conjunction with this update, the Company has also executed a significant reduction in its outstanding common shares by approximately
Key Highlights
46% Reduction in Outstanding SharesThe Company has retired a substantial number of outstanding shares, reducing the total from 7,843,549,615 to 4,220,989,714 a net decrease of 3,622,559,901 common shares. This move reflects management's ongoing commitment to fortifying the Company's capital structure and enhancing shareholder value. Over the past 24 months, the Company has successfully executed multiple cancellations of outstanding shares, further underscoring its dedication to prudent share management and long-term growth.
3.62 billion shares on March 3rd, 2025 Restricted.
1.050 billion Shares on June 17th, 2024 (100 million Free Trading/950 million Restricted.)
75 million shares on May 24, 2024 Free Trading.
117 million shares on January 26, 2024 Free Trading.
250 million shares on January 19, 2024 Free Trading.
1.0 billion shares on December 22, 2023 Restricted.
1.4 billion shares on April 21, 2023 Restricted.
2025 Letter to Shareholders
Financial and Operational Progress: As a junior mining company, we remain vigilant in managing limited capital. Despite these constraints, we continue to advance both our operations and our technical understanding of our flagship property, supported by two-year restricted private placements. This approach ensures that we steadily strengthen our project knowledge while maintaining a disciplined financial strategy.
Exploration and Development: Our second consecutive year (2024) of exploration at Project Shambhala yielded highly encouraging results that pave the way for an initial resource estimate. These findings mark a critical milestone in our ongoing efforts, setting the stage for a maiden drilling program aimed at validating and further defining the project's potential.
Corporate Governance: We reaffirm our commitment to strong corporate governance, transparent communication, and prudent capital allocation. In 2024, we expanded our corporate leadership team with the addition of a Company Secretary, CFO, Head of ESG, and Lead Geologist, underscoring our focus on robust oversight and expertise. As we look ahead to the 2025 mining season, Buyer Group International will continue to seek additional talent and knowledge to drive growth and maximize the value of our project.
BNY Mellon Share Liquidator
We remain in active negotiations with the court-appointed bankruptcy liquidators regarding the BNY Mellon share block, which currently totals 552,175,879 free-trading shares. This figure has remained unchanged since approximately October 2024, reflecting ongoing discussions. We have engaged experienced legal counsel to guide us through every phase of this process. Once this matter is resolved, BYRG intends to revisit the corporate name and ticker changes previously discussed, signifying the removal of the last remaining toxic element from the old BYRG and marking a fresh chapter for the Company.
*Historical Explanation - In early 2013, a longtime BYRG shareholder and the Company's securities attorney at the time transferred a share block to facilitate an offshore banking facility intended to raise offshore capital. The institution involved was Caledonian Bank LTD. However, in 2012, an Executive Order issued by the President of the United States altered offshore banking regulations, triggering a run on the bank. This ultimately led to Caledonian Bank's bankruptcy in 2015 and SEC litigation.
During the liquidation process in April 2015, the owner, Richard Christian, withdrew his capital, and a Chicago bankruptcy judge ruled that his capital was not to be included. Consequently, investors pulled approximately
2025 Letter to Shareholders - Overview
Project Updates: All Phase 1b data is now being integrated with historical exploration results and recent geophysical surveys to identify high-priority drill targets for Phase 2. Preliminary findings point to potential mineralization extending south within Project Shambhala. Once data integration and IP testing are complete in early Spring, final targets for the maiden drilling program will be confirmed. Subject to permitting and funding, Phase 2 drilling is planned for Q3 2025, targeting the most promising zones identified through Phase 1b and the finalized IP surveys.
Strategic Vision: The Company's long-term goal remains to revive the historically producing New Rambler District-Wyoming's only documented source of high-grade platinum and palladium. Recent ground exploration and the USGS aeromagnetic survey both point to further mineralization extending south, prompting plans for a major expansion project targeting these newly identified zones. This approach reflects our steadfast commitment to sustainable, long-term growth and to maximizing the untapped potential of this storied mining region.
Management Commentary
Dave Bryant, CEO of Buyer Group International, Inc., stated:
"We are thrilled to announce a meaningful reduction in our outstanding shares, an achievement that underscores our unwavering commitment to delivering shareholder value. This milestone, coupled with the progress detailed in our 2025 Letter to Shareholders, marks a new chapter for BYRG. We believe our improved capital structure positions us for long-term success, allowing us to accelerate development of our project and pursue new opportunities that benefit our shareholders."
Looking Ahead
BYRG is poised for a pivotal year in 2025, driven primarily by the planned Phase 2 IP Testing program at Project Shambhala, scheduled for spring 2025. Building upon Phase 1b data, historical exploration, and new geophysical surveys, the Company aims to further delineate high-grade mineralization and strengthen its resource base. Concurrently, BYRG is advancing negotiations with the bankruptcy liquidators over the BNY Mellon share block; once resolved, the Company intends to revisit its name and ticker changes to mark the culmination of legacy issues and signal a fresh start. Looking beyond exploration at Project Shambhala, BYRG remains focused on the long-term goal of reviving the historically significant New Rambler District, emphasizing sustainable growth and methodical resource development. This forward momentum is underpinned by continued corporate governance enhancements and strategic team expansion, setting the stage for a transformative year.
About Buyer Group International, Inc.
Buyer Group International, Inc. is targeting exploration at its flagship mining project Shambhala in Albany County, Wyoming. The Shambhala Project consists of 84 lode claims, 2.65 square miles in the historic New Rambler District. The district is located near the south edge of the Cheyenne Belt, a noted Greenstone Belt of the Medicine Bow mountains, which contains various concentrations of rare minerals.
To learn more about Buyer Group International, Inc. also visit:
Corporate Website: https://frontierplatinumgroup.com/
Corporate Twitter: https://twitter.com/buyergroupinc
Corporate LinkedIn: https://www.linkedin.com/company/byrg/
Corporate Instagram: https://www.instagram.com/buyergroupinternationalinc/
Corporate Facebook: https://www.facebook.com/profile.php?id=100091509813233
OTC Stock Market Information: https://www.otcmarkets.com/stock/BYRG/overview
FORWARD-LOOKING STATEMENTS:
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause materially different results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the OTC Markets Group Inc. Our public filings with the OTC Markets Group Inc are available from commercial document retrieval services and at the website maintained by the OTC Markets at https://www.otcmarkets.com/stock/BYRG/disclosure
CONTACT:
Buyer Group International, Inc.
Phone: 214-810-1317
Email: byrg.group@gmail.com
SOURCE: Buyer Group International, Inc.
View the original press release on ACCESS Newswire
FAQ
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