The board of directors of Juina Mining Corp. (OTC Pink Sheets: GEMM), announced today they have halted all negotiations, and null and voided all agreements, with Casavant Mining Kimberlite International (OTCBB: CMKM). The decision was reached by mutual consent of all parties, and was deemed to be in the best interests of the company, and as well stated in a most recent press release by Casavant Mining Kimberlite International.
Management has commenced other alternatives, including the commencement of negotiations with another publicly traded OTC/BB company that, if successful, anticipates on improving corporate equity and increasing GEMM shareholder value.
Further information will be forthcoming, as merited, via press announcements.
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.
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