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Post by Franko10 ™ on Jan 28, 2005 23:44:34 GMT -5
Casavant Mining Kimberlite International Announces Retirement of 9,020,371,427 CMKM Shares of Stock
- PR Newswire
LAS VEGAS, Oct 10, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of 9,020,371,427 shares of CMKM stock. This retirement of stock was approved unanimously by the board of directors to create greater value to its shareholders by reducing the amount of shares issued by the company. The company plans to retire all shares of stock back to the treasury.
"We are moving closer to achieving our goal of drilling for diamonds and plan to retire another large block of CMKM shares within the next two weeks," stated Urban Casavant, President of Casavant Mining Kimberlite International.
Updates on Drilling efforts will be released as they are completed.
There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
SOURCE Casavant Mining Kimberlite International
Helen Bagley of 1st Global Stock Transfer, LLC, +1-702-656-4919
or hb1stqlobal@aol.com, for Casavant Mining Kimberlite International; or
Melvin O'Neil of Casavant Mining Kimberlite International, Diamonds Hotline,
+1-306-752-3755 or +1-877-752-3755, fax, +1-306-752-3754, or ipr@sasktel.net
(CMKM)
Copyright (C) 2003 PR Newswire. All rights reserved.
- PR Newswire
LAS VEGAS, Oct 10, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of 9,020,371,427 shares of CMKM stock. This retirement of stock was approved unanimously by the board of directors to create greater value to its shareholders by reducing the amount of shares issued by the company. The company plans to retire all shares of stock back to the treasury.
"We are moving closer to achieving our goal of drilling for diamonds and plan to retire another large block of CMKM shares within the next two weeks," stated Urban Casavant, President of Casavant Mining Kimberlite International.
Updates on Drilling efforts will be released as they are completed.
There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
SOURCE Casavant Mining Kimberlite International
Helen Bagley of 1st Global Stock Transfer, LLC, +1-702-656-4919
or hb1stqlobal@aol.com, for Casavant Mining Kimberlite International; or
Melvin O'Neil of Casavant Mining Kimberlite International, Diamonds Hotline,
+1-306-752-3755 or +1-877-752-3755, fax, +1-306-752-3754, or ipr@sasktel.net
(CMKM)
Copyright (C) 2003 PR Newswire. All rights reserved.
