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AGRI-DYNAMICS, INC. (OTC: AGDY) Continues Compliance with OTC Alternative Reporting Standards and Advances Plans for Red Cloud Mine Exploration
AGRI-DYNAMICS, INC., (the “Company”) today announced that it has filed its Second Quarter Financial Report and is in the process of finalizing its Third Quarter Report, as it continues to maintain compliance with SEC rules and the OTC Alternative Reporting Standards for public companies.
The Company has consistently managed to keep operating costs low and remains focused on preparing for further exploration and sampling activities at its Red Cloud Mine property in the Sierra Nevada mountains of Northern California, as well as the Sinai MC Mine in the Cerbat Mountain Range of Northern Arizona.
Recently, OTC Markets placed a “Yield” sign on the Company’s profile page for reasons not yet communicated to the Company. AGDY has made all required disclosures publicly available in accordance with applicable SEC and OTC Markets guidelines and anticipates that the issue will be resolved in due course.
"It has been disappointing to see the Yield sign appear on our OTCMarkets.com page without clear explanation," said Joseph Amram, CEO of Agri-Dynamics, Inc. "However, this has not altered our direction or dampened our commitment to achieving long-term profitability. We remain steadfast in our vision, and we believe our upcoming efforts will position us for success that our shareholders can share in—possibly even in the form of future dividends, whether in cash or as a share of precious metals produced from our mines."
This spring, the Company will begin the first phase of its plan to initiate development at the Red Cloud Mine by exploring historical mine workings, shafts, and tunnels. The primary objective is to evaluate and validate the tailings left behind by previous mining operations from the 1920s, which are believed to contain significant quantities of gold.
“If the historical production records prove accurate, it would represent a major turning point for the Company,” Amram added. “After years of overcoming challenges, we are now closer than ever to bringing our vision to life. We look forward to updating our shareholders as we make meaningful progress throughout 2025.”