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Post by Franko10 ™ on Jan 28, 2005 22:54:49 GMT -5
CMKM Enters Reorganization Negotiations
Business Wire, Feb 14, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--Feb. 14, 2003
Casavant Mining Kimberlite International (OBB.CMKM) is pleased to announce it has commenced negotiations to reorganize its business, in conjunction with another Bulletin Board publicly trading company.
The details of merger are currently being considered by both Boards and an announcement is expected next week once proposed final share exchange figures are initially approved by the two companies. Shareholders should, however, consider requesting the delivery of their shares to facilitate any proposed exchange.
The company presently intends to transfer its contractual obligations to the new entity with the CMKM shareholders becoming shareholders of the second company through an anticipated share exchange.
There is no guarantee, however, that this proposed transaction will be consummated, although it is anticipated and welcomed by the Board to identify actual shareholders of the corporation and also to eradicate any professional trading positions that may exist at this time in the Company's stock.
Forward Looking Statements
This press Release contains forward looking statements as that term is defined by Section 27A of the Securities Act of 1933, as Amended (the "Securities Act"), and section 21E of the Securities Act of 1934 as Amended (the "Exchange Act").
All statements that are included in the Press Release other than statements of historical fact are forward looking statements. Although Management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward looking statements contained in this Press Release.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
COPYRIGHT 2003 Business Wire
COPYRIGHT 2003 Gale Group
Business Wire, Feb 14, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--Feb. 14, 2003
Casavant Mining Kimberlite International (OBB.CMKM) is pleased to announce it has commenced negotiations to reorganize its business, in conjunction with another Bulletin Board publicly trading company.
The details of merger are currently being considered by both Boards and an announcement is expected next week once proposed final share exchange figures are initially approved by the two companies. Shareholders should, however, consider requesting the delivery of their shares to facilitate any proposed exchange.
The company presently intends to transfer its contractual obligations to the new entity with the CMKM shareholders becoming shareholders of the second company through an anticipated share exchange.
There is no guarantee, however, that this proposed transaction will be consummated, although it is anticipated and welcomed by the Board to identify actual shareholders of the corporation and also to eradicate any professional trading positions that may exist at this time in the Company's stock.
Forward Looking Statements
This press Release contains forward looking statements as that term is defined by Section 27A of the Securities Act of 1933, as Amended (the "Securities Act"), and section 21E of the Securities Act of 1934 as Amended (the "Exchange Act").
All statements that are included in the Press Release other than statements of historical fact are forward looking statements. Although Management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward looking statements contained in this Press Release.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
COPYRIGHT 2003 Business Wire
COPYRIGHT 2003 Gale Group
