Oroplata Resources, Inc. (OTC Pink: ORRP) is engaged as a lithium producer and extractor from lithium brine deposits in Nevada. Shares of the lithium brine extractor are diving 24.46%, through afternoon trading on Thursday, April 27, 2017. Over the past month, Oroplata Resources, Inc. has seen average daily volume of 105,026 shares. However, volume of 151,482 shares or dollar volume of $36,355, has already exchanged hands on Thursday.
Shares of Oroplata Resources, Inc. is facing pressure today, after the company announced it has hired the law firm, Sichenzia Ross Friendman Ference, LLP, to be company’s primary legal counsel for corporate and securities issues. The law firm specifically specializes in corporate and securities litigation. Here is the full press release detailing of the new law firm representation:
Oroplata Resources, Inc. Press Release:
HENDERSON, Nev., July 25, 2016 (GLOBE NEWSWIRE) — Oroplata Resources, Inc. (“Oroplata” or the “Company”) (OTCBB:ORRP) is pleased to announce it has engaged the law firm, Sichenzia Ross Friedman Ference LLP (“SRFF”) to act as primary legal counsel on corporate and securities matters.
Headquartered in New York, SRFF provides experienced professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters. SRFF’s clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. SRFF also advises institutional investors on transactions involving complex securities law considerations. SRFF’s areas of expertise in corporate and commercial transactions, mergers and acquisitions, advising clients on private placements, initial (IPOs) and secondary public offerings, alternative public offerings, preparation of SEC filings and listings on the NYSE, NASDAQ and the OTCMarket. SRFF was recently selected as one of New York City’s best corporate law firms in 2016 by Best Lawyers magazine. For more information on SRFF, visit their website at www.srff.com.
Craig Alford, Oroplata’s CEO stated, “We are pleased to be working with Marc Ross, one of the founding partners at Sichenzia Ross Friedman Ference. Marc has an enormous amount of experience dealing with publicly traded companies, we are very confident that their expert representation will assist us in achieving our goal to build Oroplata into a premier lithium producer in America.”
About Oroplata Resources, Inc.:
Oroplata Resources, Inc. is focused on becoming a substantial profitable Lithium producer by the rapid development of valuable production-grade Lithium Brine deposits in Nevada and throughout the southwest U.S.
Safe Harbor Statements
Certain information contained in this news release constitutes “forward-looking statements” as such term is used in applicable United States and Canadian laws. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates”, “intends” or “believes”, or that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, or “be achieved”. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Many of these factors are beyond the Company’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company’s filings with the SEC. Such risks and other factors include, among others, the ability to locate and acquire suitable interests in alternative medicine manufacturing operations on terms acceptable to the Company, the availability of financing on acceptable terms, accidents, labor disputes, acts of God and other risks of the alternative medicine industry including, without limitation, delays in obtaining governmental approvals or permits, title disputes or claims limitations on insurance coverage. The Company believes that the expectations reflected in the forward-looking statements included in this news release are reasonable; however, no assurance can be given that these expectations will prove to be correct, and such forward-looking statements should not be unduly relied upon. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.