Post by Franko10 ™ on Jan 30, 2005 22:13:03 GMT -5
Juina Mining Corp. Has Option Exercised
Oct 18, 2004 LAS VEGAS -- Juina Mining Corp. (Pink Sheets: GEMM) announced today CMKM Diamonds Inc. (Pink Sheets: CMKX) has exercised its July 29, 2004, option to purchase common stock of the company. Through the option, CMKX purchased 127,336,036 shares of GEMM for $500,000.
GEMM has been working with the U.S. Canadian Minerals Inc. (OTCBB: UCAD) management team to revive its diamond mining operations in Brazil, and the company believes that this additional funding will assist in facilitating this process.
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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