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Post by Franko10 ™ on Sept 11, 2004 8:13:21 GMT -5
U.S. Canadian Minerals Inc. Receives $3,000,000 of Funding
LAS VEGAS, Sep 8, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that it has received $3,000,000 of funding via a private placement.
Rendal Williams, CEO of UCAD, stated, "This funding will allow the company to move forward on several fronts in the execution of its current plans and future development of the company's financial growth as dictated by the board of directors."
A U.S. Canadian Minerals Inc. executive team, with other strategic partners, will arrive in South America this week to explore the development of several key acquisition possibilities that have been targeted on previous trips. Williams further stated, "Many of the due diligence packages are nearing completion, revealing incredible potential results, which demands an additional research trip to conclude the feasibility of Level 1 priority for expanded operations inside South America."
Further details relative to this project will be forthcoming in future press releases and at www.uscanadian.net/ and www.yellowrivermining.com/.
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.
CONTACT: U.S. Canadian Minerals Inc.
Chris Hanneman, 303-220-8476
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-0-
KEYWORD: NEVADA INTERNATIONAL LATIN AMERICA
INDUSTRY KEYWORD: MINING/METALS
LAS VEGAS, Sep 8, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that it has received $3,000,000 of funding via a private placement.
Rendal Williams, CEO of UCAD, stated, "This funding will allow the company to move forward on several fronts in the execution of its current plans and future development of the company's financial growth as dictated by the board of directors."
A U.S. Canadian Minerals Inc. executive team, with other strategic partners, will arrive in South America this week to explore the development of several key acquisition possibilities that have been targeted on previous trips. Williams further stated, "Many of the due diligence packages are nearing completion, revealing incredible potential results, which demands an additional research trip to conclude the feasibility of Level 1 priority for expanded operations inside South America."
Further details relative to this project will be forthcoming in future press releases and at www.uscanadian.net/ and www.yellowrivermining.com/.
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.
CONTACT: U.S. Canadian Minerals Inc.
Chris Hanneman, 303-220-8476
Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
-0-
KEYWORD: NEVADA INTERNATIONAL LATIN AMERICA
INDUSTRY KEYWORD: MINING/METALS
