LAS VEGAS, NV, United States, via ETELIGIS INC., 03/18/2015 – – Solo International, Inc., ("Solo International" or "the Company”) (OTC Pink: SLIO) (PINKSHEETS: SLIO), an exploration and acquisition stage resource Company announces it has engaged OMR Drilling and Acquisitions to oversee and identify oil and gas leases that can be drilled economically or brought back into production.
OMR Drilling and Acquisition will assess and review multiple leases in search of economical and low production cost alternatives. OMR will also be retained as the drilling contractor and eventual operator of these leases.
Michael Smith CEO of the Company states, “We looked to OMR to advise and manage prospective properties. They have tremendous amounts of knowledge of the formations and geography in the states of Kentucky and Tennessee, where we will focus our attention.”
Mr. Smith concludes, “Moving forward and adding value to our portfolio of properties is key at this point, and with the low cost of oil presently, it makes a great opportunity to get in and exploit smaller oil and gas containing leases at low cost, that without proper management and funding may never become profitable. With this being said we will still maintain our REE leases in Quebec, but shift our focus into the oil and gas sector.”
About Solo International Inc.
Solo International is an exploration and development mining company with a focus on deposits of rare earth metals and rare earth elements (REEs). The Company is focused on the acquisition, exploration, production, development and potentially, the operation of mining properties in strategic bulk mineable industrial metals (such as REEs, Titanium and Phosphates) sectors of eastern Canada. All of the Company’s properties are currently at the exploration stage in Quebec. For further information please visit the Company’s website at http://www.solointernationalinc.com.
This release contains forward-looking statements that reflect Solo International, Inc.’s plans and expectations. In this press release and related comments by Company management, words like "expect", "anticipate", "estimate", "forecast", "objective", "plan", "goal", and similar expressions are used to identify forward-looking statements, representing management’s current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.
Solo International, Inc.
Chief Executive Officer and Director
SOURCE: Solo International, Inc.