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Post by Franko10 ™ on Feb 7, 2005 13:18:44 GMT -5
JV’s in the PR’s Possible and Present
Casavant Mining Kimberlite International Inc. (OTCBB:CMKI) announced today a Letter of Intent to acquire Juina Mining Corp. (Pink Sheets:GEMM) a diamond mining company with working interests in producing diamond fields in Brazil.
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Casavant Mining Kimberlite International (OTCBB:CMKI ) announced today that negotiations are underway to acquire 60% of the common shares in Dia Bras Exploration, Inc., a Canadian diamond exploration company with projects in Canada and the Republic of Guinea, West Africa.
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Casavant Mining Kimberlite International (OBB.CMKM) is pleased to announce it has commenced negotiations to reorganize its business, in conjunction with another Bulletin Board publicly trading company.
The details of merger are currently being considered by both Boards and an announcement is expected next week once proposed final share exchange figures are initially approved by the two companies. Shareholders should, however, consider requesting the delivery of their shares to facilitate any proposed exchange.
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Casavant Mining Kimberlite International, Las Vegas, (OTCBB:CMKM) is pleased to announce that:
The Board of Directors of CMKM announced today the approval of a plan to spin-out Casavant International Mining Corporation, a wholly owned subsidiary of CMKM which owns zinc depositories. CMKM shall issue 1 preferred share for every 10,000 shares of CMKM for the purposes of completing the spin-out. The transaction will be completed, pending shareholder approval and SEC registration requirements.
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Casavant Mining Kimberlite International (OTCBB: CMKM) management today announced that it has terminated negotiations with Juina Mining for the proposed acquisition. It is in the best interest of the company to focus all of the operational and financial resources on the Fort a la Corne claims in Canada at the present time. In the future, if both companies have a mutual interest, negotiations may resume.
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Casavant Mining Kimberlite International, Las Vegas (OTCBB: CMKM) management today announced that it has terminated negotiations with Dia Bras Exploration Inc. as previously announced on Dec. 16, 2002, which stated negotiations to acquire 60 percent of the common shares scheduled to purchase $500,000 of Dia Bras common shares representing 40 percent in addition to $250,000 of warrants, which would have purchased an additional 20 percent of the common voting stock.
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LAS VEGAS, Sep 18, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) is pleased to announce that $900,000 in funding has been successfully negotiated with three publicly traded companies. The three publicly traded diamond and mineral exploration companies are currently involved in exploration at Fort a la Corne and have reached an agreement with CMKI. The $900,000 of funding shall be used for expenditures to further exploration and drilling efforts on targets already identified at the Fort a la Corne claims held by the company. The recent developments and progress in the Fort a la Corne area by junior and senior mining and exploration companies continues to flourish. Details of the companies and the contract agreement are expected to be announced tomorrow.
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LAS VEGAS, Sep 19, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets:CMKM) has reached an agreement for $900,000 in funding with three junior mining exploration companies. CMKI grants the options to United Carina Resources (CDNX-UCA-V) (www.unitedcarina.com), Consolidated Pine Channel Gold (CDNX-KPG-V) (www.pinechannel.com) and Shane Resources (CDNX-SEI-V) the right to acquire an undivided 10% interest each in 82 prospective claims held by the Company in consideration for the $900,000 in funding. The first $450,000 is due and payable on or before Dec. 31, 2003, and an additional $450,000 due and payable on or before Dec. 31, 2004. All three companies may accelerate the time in which the option price is to be paid. CMKI has first right of refusal to acquire up to a 49% interest in any property held individually by United Carina Resources, Consolidated Pine Channel Gold or Shane Resources, which is being or is to be explored for diamonds. Casavant Mining will use the funds advanced from the three companies to undertake work on the properties in accordance with programs recommended by qualified persons. "We are pleased to welcome these companies on board and look forward to a long and lasting relationship in this joint venture," said Urban Casavant. "This is a pivotal point for the Company and a very important step necessary for the development of these claims. This $900,000 in funding ensures that progress will remain steady and the Company is focused on moving forward."
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LAS VEGAS, Nov 20, 2003 /PRNewswire-FirstCall via Comtex/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has completed all previous mentioned contracts with public Diamond Exploration companies.
The three companies contracts that were consummated are: Consolidated Pine Channel Gold (CDNX-KPG-V), Shane Resources (CDNX-SEI-V), and United Carina Resources (CDNX-UCA-V). The agreement is that these companies now have the right to acquire an undivided 10% interest each in 82 prospective claims held by CMKM in consideration for $900,000 in funding. Funding is expected to begin on or before December 31, 2003.
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LAS VEGAS, Dec 29, 2003 /PRNewswire via COMTEX/ -- Casavant Mining Kimberlite International announced today that the company is evaluating two offers from public companies for a partial buyout of selected mining claims.
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The Board of Directors of CMKM announced today that the CIM/ MRDR exchange has been approved in principle by both companies. All CIM/MRDR shareholders of record of January 30, 2004 will be eligible for the share exchange, more details will follow shortly.
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