Black Dragon Announces LOI Signing for Puchasing of Sand Plant

Rhea-AI Summary

Black Dragon Resource Company (OTC: BDGR) announced signing a letter of intent to purchase a complete sand processing plant in Texas. The purchase is planned to be paid within two weeks of contract signing, after which the plant can be moved to company property.

According to Black Dragon, the plant can process 350 tonnes of sand per hour and is intended to handle frac sand, commercial sand, and silicon chip sand using dedicated screens. The company anticipates generating revenues within a couple of months once operations begin and states it already has a team in place to relocate and operate the facility.

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Black Dragon Resource Company (BDGR) announces an LOI for a Sand Plant in TX.

CHEYENNE, WY / ACCESS Newswire / July 30, 2026 / The Purchase includes a complete processing plant. Upon signing this contract, which is to be paid in 2 weeks from signing, and it will allow Black Dragon to move the sand plant to the property. We anticipate generating revenues within a couple of months from this sand plant. We have our team in place to move and operate the sand plant.

"This plant has the capacity to move 350 tonnes of Sand an hour, which is a capacity needed in the industry. Our property has not only frac sand, but also commercial sand and some silicon chip sand and this plant has the correct screens to enable us top capture the various sands." Anthony Saviano

Forward-Looking Statements:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, and domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.

For more info contact: Anthony Saviano 1-312-613-4564

SOURCE: Black Dragon Resource Companies, Inc.

View the original press release on ACCESS Newswire

FAQ

What did Black Dragon Resource Company (BDGR) announce about a sand plant on July 30, 2026?

Black Dragon announced a letter of intent to purchase a complete sand processing plant in Texas. According to Black Dragon, the plant will be moved to company property after contract signing and payment, with planned revenue generation a few months after operations start.

Where is the new sand plant mentioned by Black Dragon (BDGR) located and what does the purchase include?

The sand plant is located in Texas and the proposed purchase includes a complete processing plant. According to Black Dragon, once the contract is signed and paid for, the company plans to move the plant onto its own property for operation.

What is the production capacity of Black Dragon’s proposed Texas sand plant (BDGR)?

The proposed sand plant has a capacity of 350 tonnes of sand per hour. According to Black Dragon, this capacity is aligned with industry needs and will be used to process frac sand, commercial sand, and silicon chip sand using appropriate screening systems.

When does Black Dragon (BDGR) expect revenue from the new sand plant purchase?

Black Dragon anticipates generating revenues within a couple of months after the sand plant becomes operational. According to Black Dragon, payment for the plant is planned within two weeks of contract signing, after which the facility will be moved and put into operation.

What types of sand will Black Dragon (BDGR) process with the new sand plant?

Black Dragon plans to process frac sand, commercial sand, and some silicon chip sand from its property. According to Black Dragon, the plant includes the correct screens to capture these various sand types for different industrial applications once operations commence.

Does Black Dragon (BDGR) have an operations team for the new Texas sand plant?

Yes, Black Dragon states it already has a team in place to move and operate the sand plant. According to Black Dragon, this team will handle relocation to company property and subsequent operation to begin generating revenue within a few months.