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Post by Franko10 ™ on Jan 28, 2005 23:04:49 GMT -5
Casvant Mining Kimberlite International Announces Cancellation of Jade Collection Business Wire, April 7, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--April 7, 2003
Casavant Mining Kimberlite International, Las Vegas (OTCBB:CMKM), management today announced that it has cancelled the acquisition of the ancient Chinese jade collection as previously stated in CMKM's 14c, which stated on Dec. 30, 2002, the company acquired $50 million dollars worth of ancient Chinese jade for 500 million shares of common stocks of the corporation. The cancellation was reached by mutual agreement by both parties.
This is one of many steps made by Casavant Mining in an effort to streamline operations and continue the company's focus on the diamond exploration.
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.
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