PARK CITY, UT / ACCESSWIRE / November 18, 2021 / NRP Stone, Inc. (OTC:NRPI) NRP Stone reported that through its subsidiary, Uplift Aerospace, it has raised $455,000 of initial funding. This first $1 million will be used to finish current and begin near-term projects. Josh Hanes, CEO of NRP Stone, stated, "We have a great community behind us. We put the word out to a handful of people, and they responded quickly. We graciously thank them for their confidence in Uplift Aerospace and are preparing to finish this round of private funding so we can move the company forward." The funding announcement comes shortly after the company made a recent announcement of its debt restructuring.
The financing lifts managements' and shareholders' expectations for the company's success. Mr. Hanes noted, "It is exciting to be apart of the new space race. Receipt of this funding confirms both industry and funders confidence in our company's vision."
ABOUT UPLIFT AEROSPACE
Uplift Aerospace is an emerging leader in transforming the space industry, pioneering innovative systems for space commerce, mediums of trade, and delivery of earth/space products. Uplift continues its research and development of lunar mining and processing methods for future manufacturing and supplying of off-planet infrastructure and building materials. Uplift Aerospace is a subsidiary of NRP Stone, a publicly traded company on the OTC under the symbol NRPI.
For more information, visit https://www.upliftaerospace.com/investors
MEDIA CONTACT: press@upliftaerospace.com
US OTC Symbol: NRPI; CUSIP: 62940J200. For the latest updates, visit upliftaerospace.com and follow @upliftaerospace on Facebook, Instagram, and Twitter.
Disclosures and Caution Concerning Forward-Looking Statements: This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, economic and market factors, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company, its management, or affiliates, undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: NRP Stone, Inc.
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