SAN DIEGO, CA--(Marketwired - Jul 8, 2015) - SourcingLink.net (OTC PINK: SNET) corporate update: In June, 2015 Cohen Grassroots Research, conducted an independent analysis of SourcingLink.net. President Chuck Wagner, was interviewed to help with the analysis.
Complete report: http://sourcinglink.org/about-us/
After reading the Grassroots Research, Inc. report, Chuck Wagner was quoted, "I'm encouraged that an independent research firm took the time to analyze our data and create a report focused on our company and the potential of our claims."
Report Excerpts.
"According to Transparency Market Research, the worldwide demand for Rare Earth Elements was worth $3.93 billion in 2013. The expected CAGR growth till 2018 is expected to be 13%, and the market value is expected to be worth $8.19 billion. REEs are used in most of the today's technology products. The use of REE will only continue to grow as more and more applications are discovered. According to the USGS Mineral Commodity Summaries, US imported an estimated $210 million worth of REE," -Cohen Research Report, June 2015. The market for REEs is expected to grow. Some new firms will want to enter the market since China is slowly losing market share. With additional uses for REEs being discovered more and more frequently, SNET is well poised to benefit from being a new entrant intending to makes its entry into the REE market.
"We believe the Company's strong management, strategic partnerships, robust projected revenue streams and growth potential of the REE markets makes the stock a potentially valuable investment proposition. SourcingLink.net may provide a potential short term and long term investment opportunity for risk-averse investors," -Cohen Research Report, June 2015. "We are pleased to receive this report and share it with our shareholders and possible investors," said CEO Anne Carioti.
About The Eldor Project:
SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada (one of the most favorable mining jurisdictions in the world). The Eldor Project consists of 34 mineral claims covering approximately 3951 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.
About SourcingLink.net, Inc.:
SourcingLink.net is a U.S. based publicly traded exploration and development company. Their focus in on rare metals and rare earth elements which are among the primary input materials for the 21st Century technology.
Forward-looking Statements
This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as "expect," "believe" or "plan," by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.