Indocan Resources Engages KZen Equities

LONDON, May 27 /PRNewswire-FirstCall/ -- The Board of Directors of Indocan Resources, Inc. (OTC: IDCN) announces that it and its strategic partner Mid-Atlantic Capital have engaged KZen Equities Services Pvt. Ltd. of Mumbai, India, Mauritius and Dubai as advisors regarding the raising of capital and other needs regarding the Bele Holdings gold mines in South Africa that our group has committed an initial $12 million capital infusion.

KZen Equities Services Pvt. Ltd. (KZen, www.KZen.com) is an Indian investment advisory company, providing investment opportunities in India and worldwide, for individual and institutional investors and corporate strategic stakeholders. They offer clients direct access to the fast growing economy and emerging markets in India and around the globe. They draw on international expertise to identify countries, sectors and asset classes in the forefront of growth. 

Company president, Jeffrey Bruhjell says, "This alliance will lead to a successful funding and IPO or reverse merger to accomplish our goals for Bele Holdings."

Bele Holdings has been granted mining rights (new mineral rights) for an area covering some 144 square kilometers in Barberton – Mpumalanga province. The mineral rights comprise 414 base metal claims with a serious history of gold production at all eight mining sites.

We seek "Safe Harbour"

More information can be learned by visiting our website: www.indocan.com

CONTACT: Investor Relations, Ken Ash +1-910-300-8189 [email protected]

SOURCE Indocan Resources, Inc.