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Post by Franko10 ™ on Oct 13, 2004 5:47:48 GMT -5
U.S. Canadian Minerals, Inc. Announces Forward Split
via COMTEX
October 13, 2004
LAS VEGAS, Oct 13, 2004 (BUSINESS WIRE) --
U.S. Canadian Minerals, Inc. (OTCBB:UCAD) announced today that a 3 for 1 forward split of its Common and Preferred A shares has been approved. The Company is today notifying Nasdaq of such approval and the Company will be filing the appropriate paperwork with the goal of having the forward split reflected at the earliest possible time. The Company anticipates that said change will be reflected by Nasdaq within 10 business days.
Rendal Williams, CEO of U.S. Canadian Minerals, Inc. stated "We expect that this restructuring will allow the shareholder value to continue its current increase and allow for additional future financing avenues."
Further details relative to this transaction can be found at www.uscanadian.net/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
SOURCE: U.S. Canadian Minerals, Inc.
U.S. Canadian Minerals, Inc. Chris Hanneman, 303-220-8476
Copyright (C) 2004 Business Wire. All rights reserved.
via COMTEX
October 13, 2004
LAS VEGAS, Oct 13, 2004 (BUSINESS WIRE) --
U.S. Canadian Minerals, Inc. (OTCBB:UCAD) announced today that a 3 for 1 forward split of its Common and Preferred A shares has been approved. The Company is today notifying Nasdaq of such approval and the Company will be filing the appropriate paperwork with the goal of having the forward split reflected at the earliest possible time. The Company anticipates that said change will be reflected by Nasdaq within 10 business days.
Rendal Williams, CEO of U.S. Canadian Minerals, Inc. stated "We expect that this restructuring will allow the shareholder value to continue its current increase and allow for additional future financing avenues."
Further details relative to this transaction can be found at www.uscanadian.net/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
SOURCE: U.S. Canadian Minerals, Inc.
U.S. Canadian Minerals, Inc. Chris Hanneman, 303-220-8476
Copyright (C) 2004 Business Wire. All rights reserved.
