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UC Hub Group Inc : UC Hub Group Pays for Land Lease for the Gold and Sapphire Property in Montana

^{Published on 2009-09-17 07:25:17 - Market Wire}
 

LOS ANGELES, CA--(Marketwire - September 17, 2009) - UC Hub Group Inc (OTCBB: [ UCHB ]) announces it has paid the land owner for the lease of the Montana Gold and Sapphire property. The Management and outside consultants of multiple backgrounds have confirmed gold and sapphires on this property and are optimistic about the potential opportunity. As a result of such due diligence, the purchase of important equipment, and the architectural integration of disparate and new parts, the Company has moved aggressively to the next sequential plateau and made payment on the lease in good faith thus reducing timing issues. The Company believes this positive reality and momentum are key right now for this Great American Sapphire and Gold property. The lease was contingent upon a five figure payment for such land use. UC Hub has made such payments in good faith and has concurrently paid consultants to work on the actual Mining Plant with the requisite plans. The Company continues to enhance the asset value by such marked improvements positioning the Company so the assets and the Company are potentially more valuable for the shareholders. Presently the Company is in discussions with Sapphire distributors, media groups, and two refineries.

[ www.uchub.net ].

Safe Harbor Provision

This news release includes forward-looking statements, including some with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause actual results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of the Company, and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition, domestic and global economic fluctuations, and the like.