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Brightgreen Resources (Nickel)

BrightGreen Resources Corporation (BRC) is one of the companies that Marcventures Holdings Inc. (MHI) recently signed a merger agreement with. BRC holds Mineral Production Sharing Agreement (MPSA) 015-93- XIII approved on July 1, 1993, covering approximately 4,860 hectares of Carrascal and Cantilan, Surigao del Sur. BRC’s mining tenement is adjacent to the mining tenement of MHI’s wholly owned subsidiary, Marcventures Mining and Development Corporation (MMDC). Based on initial studies, the total resource of BRC is estimated at 21.06 million wet metric ton of nickel ore, inclusive of inferred resources.