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Post by Franko10 ™ on Jan 28, 2005 23:04:00 GMT -5
Casavant Mining Kimberlite International Terminates Negotiations with Dia Bras Exploration Inc
Business Wire, April 1, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--April 1, 2003
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.
Casavant Mining is terminating specific negotiations at this time in an effort to streamline operations. 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.
Forward-Looking Statements
This press Release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and section 21E of the Securities Act of 1934 as amended (the "Exchange Act").
All statements that are included in the press release other than statements of historical fact are forward-looking statements. Although management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.
COPYRIGHT 2003 Business Wire
COPYRIGHT 2003 Gale Group
Business Wire, April 1, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--April 1, 2003
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.
Casavant Mining is terminating specific negotiations at this time in an effort to streamline operations. 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.
Forward-Looking Statements
This press Release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and section 21E of the Securities Act of 1934 as amended (the "Exchange Act").
All statements that are included in the press release other than statements of historical fact are forward-looking statements. Although management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.
COPYRIGHT 2003 Business Wire
COPYRIGHT 2003 Gale Group
