Post by Franko10 ™ on Jan 30, 2005 21:38:42 GMT -5
GEMM Announces Planned Stock Dividend and Stock Split
RENO, Nev.--(BUSINESS WIRE)--Aug. 31, 1998--Juina Mining Corp. (OTC BB:GEMM) Monday announced that it plans to implement (a) a split of its outstanding shares pursuant to which 101 shares of the company's common stock will be outstanding for every 100 shares outstanding effective on the effective date of the stock split, and (b) a stock dividend declared and issued to the shareholders of the company in a percentage to be determined by the company's board of directors, for shareholders of record on a date to be announced.
The stock dividend will be declared and issued prior to the commencement of operations of the diamond production plant in Brazil, which is expected to commence in September 1998.
In connection with the planned stock split, there will be a mandatory redemption of all outstanding stock certificates and a new CUSIP number assigned to the company. Upon notice to the shareholders, all certificates must be presented to GEMM's transfer agent for exchange.
Juina Mining isa diamond resource and exploration company with exclusive rights to a mining and mineral concession on 1,000 hectares (2,471 acres) located in Juina, Mato Grosso, Brazil. Visit the company's Web site at www.juinamining.com.
Except for the historical information contained herein with regards to the plan for commencing plant operations, the matters discussed in this news release contain forward-looking statements, as defined in Section 27(A) of the Securities Act of 1933 and Section 21(E) of the Securities Exchange Act of 1934, as amended. Such forward looking statements, and information involve risks and uncertainties, including but not limited to, late delivery of vendor supplies, equipment or services that may cause production delays, primary customer order rates, cancellations, and dependence on certain customers of the company's specialized business products. Other certainties related to the company's business and securities which are traded over the counter, are outlined in the information and materials available upon request. For more information, contact the Investor Relations Division of Kit Bromley & Co. Inc., 310/689-1026.
CONTACT: Investor Relations Division of Kit Bromley & Co. Inc.
310/689-1026
COPYRIGHT 1998 Business Wire
COPYRIGHT 2004 Gale Group
RENO, Nev.--(BUSINESS WIRE)--Aug. 31, 1998--Juina Mining Corp. (OTC BB:GEMM) Monday announced that it plans to implement (a) a split of its outstanding shares pursuant to which 101 shares of the company's common stock will be outstanding for every 100 shares outstanding effective on the effective date of the stock split, and (b) a stock dividend declared and issued to the shareholders of the company in a percentage to be determined by the company's board of directors, for shareholders of record on a date to be announced.
The stock dividend will be declared and issued prior to the commencement of operations of the diamond production plant in Brazil, which is expected to commence in September 1998.
In connection with the planned stock split, there will be a mandatory redemption of all outstanding stock certificates and a new CUSIP number assigned to the company. Upon notice to the shareholders, all certificates must be presented to GEMM's transfer agent for exchange.
Juina Mining isa diamond resource and exploration company with exclusive rights to a mining and mineral concession on 1,000 hectares (2,471 acres) located in Juina, Mato Grosso, Brazil. Visit the company's Web site at www.juinamining.com.
Except for the historical information contained herein with regards to the plan for commencing plant operations, the matters discussed in this news release contain forward-looking statements, as defined in Section 27(A) of the Securities Act of 1933 and Section 21(E) of the Securities Exchange Act of 1934, as amended. Such forward looking statements, and information involve risks and uncertainties, including but not limited to, late delivery of vendor supplies, equipment or services that may cause production delays, primary customer order rates, cancellations, and dependence on certain customers of the company's specialized business products. Other certainties related to the company's business and securities which are traded over the counter, are outlined in the information and materials available upon request. For more information, contact the Investor Relations Division of Kit Bromley & Co. Inc., 310/689-1026.
CONTACT: Investor Relations Division of Kit Bromley & Co. Inc.
310/689-1026
COPYRIGHT 1998 Business Wire
COPYRIGHT 2004 Gale Group