At a glance
- Company
- San Diego Mining Group
- Announcement
- Financing
- Location
- San Diego, CA
Key figures
- Planned fundraising for Carbon #1 Mine
- $2.5 Million
- MoneyShow/TradersEXPO dates
- April 24-26
- Booth
- #318
People
- Cary RothmanManaging Member, San Diego Mining Group
- Bill SmithMiner
- Edith ZiolkeiwiczCFO
- Chris GalizioSpeaker, Investor
Products and programs
San Diego Mining Group and Carbon Energy Mining-Pikeville KY team up to raise 2.5 Million for Carbon #1 Mine
San Diego, CA, California, United States, April 21, 2023 -- San Diego, CA — April 17, 2023 — San Diego Mining Group and Carbon Energy-Pikeville, KY team up to raise $2.5 Million for Carbon #1 Mine. San Diego Mining Group will raise money to face up numerous strip mines and deep mines in Eastern Kentucky.
Veteran Coal Miner, Bill Smith, a coal miner for 45 years, founded Massey Energy Company and was a top miner there for years. Mr. Smith has managed to tie up reserves in a very rare part of Kentucky in the Appalachians mountains considered the upper and lower, Alma Seam.
They call this specialty coal which is very heavy and very valuable for hundreds of needs in Norway, India, Australia, and Mexico. Coal buyers can't get enough of this Coal. Investors are invited to visit San Diego Mining Group at the MoneyShow/TradersEXPO, MoneyShow April 24-26 (Booth #318) to learn about San Diego Mining and how investors can visit the mines in Kentucky in May to learn more.
Cary Rothman Managing Member,
San Diego Mining Group
(619) 214-6339
Edith Ziolkeiwicz-CFO
Chris Galizio-Speaker,Investor
Carbon Energy Mining, Pikeville, KY
Bill Smith-Miner
Contact Info:
Name: Cary Rothman
Email: Send Email
Organization: SAN DIEGO MINING GROUP,LLC
Phone: (619) 214-6339
Website: https://sandiegomininggroup.com/
If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). We will respond and rectify the situation in the next 8 hours.
Questions around this news
What is the $2.5 million fundraising effort for Carbon #1 Mine intended to support?
The release says San Diego Mining Group plans to raise $2.5 million for Carbon #1 Mine. It also says the group will raise money to address strip mines and deep mines in Eastern Kentucky, but does not provide a breakdown of how the funds would be allocated.
Who is Bill Smith, and what role does the release attribute to him?
The release describes Bill Smith as a veteran coal miner with 45 years of experience and says he founded Massey Energy Company and worked there as a top miner for years. It also says he managed to tie up reserves in a part of Kentucky associated with the Alma Seam.
How do strip mining and deep mining differ?
Strip mining removes soil and rock above a near-surface coal deposit so the coal can be extracted from an open excavation. Deep mining reaches deposits farther underground through shafts or tunnels. The appropriate method depends on factors such as the deposit’s depth, geology, and site conditions.
Where could investors learn more about the mine, according to the release?
The release invited investors to meet San Diego Mining Group at the MoneyShow/TradersEXPO, scheduled for April 24–26 at Booth 318. It also said investors could visit the mines in Kentucky in May to learn more. The release does not provide further details about visit arrangements.
