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Zyrox Mining International Acquires Texas Oil & Gas Assets & Plans Warrant

Issuance
Zyrox Minining International (OTC Symbol: ZYRX) has announced the acquisition of new oil and
gas assets, along with a warrant issuance for existing shareholders. The Board of Directors has
replaced old management.
Las Vegas, NV, January 06, 2017 --(PR.com)-- Zyrox Mining International Inc (OTC: ZYRX) is pleased
to announce that its Board and largest investors have entirely replaced the old management and have
begun to enact a long-term growth strategy. In addition to mining activity the Company is adding oil and
gas holdings and considering the acquisition of a long-time coal producer in West Virginia. This month
Zyrox has acquired multiple oil and gas leases in the Texas Panhandle that currently have about 18 wells
and 2 salt water disposal wells. The wells sit within the oil leg Houghton play, which is the largest
contiguous gas field in North America. Each well is expected to produce 1-3 barrels of oil per day and
possibly more with secondary recovery methods. Each of the wells has an internal estimate of
approximately 6000 barrels of oil equivalent (boe) recoverable for about $5,000,000 of reserves at $51
oil. The Company is also in negotiation for a North American heavy oil project to add to its holdings.
As part of the Company's strategy, management has approved a warrant issuance and rights offering for
existing shareholders. The details of this issuance will be announced over the next few days and it is
anticipated to complete in the month of January 2017. The warrants are part of a package to add value for
existing shareholders and allow them to participate in the future of Zyrox.
Zyrox Mining International Inc. is a natural resource company. Originally focused on precious metals the
Company has expanded its portfolio to include oil and gas holdings and related services. Zyrox seeks
distressed asset opportunities throughout North America.
Forward-Looking Statements:
Any statements made in this press release which are not historical facts contain certain forward-looking
statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential
developments affecting the business, prospects, financial condition and other aspects of the company to
which this release pertains. These forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results of the specific items described in this
release, and the company's operations generally, to differ materially from what is projected in such
forward-looking statements. Although such statements are based upon the best judgments of management
of the company as of the date of this release, significant deviations in magnitude, timing and other factors
may result from business risks and uncertainties including, without limitation, the company's need for
additional financing, which is not assured and which may result in dilution of shareholders, the company's
status as a small company with a limited operating history, dependence on third parties, general market
and economic conditions, technical factors, receipt of revenues, and other factors, many of which are
beyond the control of the company. Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee future results, levels of activity,
performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the
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accuracy and completeness of such statements, and we disclaim any obligation to update information
contained in any forward-looking statement.

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Contact Information:
Zyrox Mining International Inc
Lino Falitico
905-508-2665
Contact via Email
www.zyroxmining.com

Online Version of Press Release:


You can read the online version of this press release at: http://www.pr.com/press-release/700964

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