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Post by Franko10 ™ on Jan 28, 2005 23:59:25 GMT -5
Casavant Mining Kimberlite International Announces That the Company Has Officially Retired 16.5 Billion Shares Back to the Treasury
- PR Newswire
LAS VEGAS, Dec 17, 2003 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has officially retired 16,520,477,200 shares of CMKM stock back to the Treasury.
Urban Casavant, President of CMKM stated, "This is a huge step to create greater shareholder value by reducing the amount of shares issued of CMKM by over 16.5 billion shares. We also plan to retire more shares back to the treasury as soon as all necessary paper work is completed."
Casavant Mining International, Inc. (CMI) is currently private but will announce its plan to go public by Friday, December 19, 2003.
Updates on drilling progress will also be announced shortly.
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
Melvin O'Neil of Casavant Mining Kimberlite International
Diamonds Hotline, +1-306-752-3755, or 1-877-752-3755, or fax,
+1-306-752-3754, or ipr@sasktel.net; or Helen Bagley of 1st Global Stock
Transfer, LLC, +1-702-656-4919, or hb1stqlobal@aol.com, for Casavant Mining
Kimberlite International
www.prnewswire.com
Copyright (C) 2003 PR Newswire. All rights reserved.
- PR Newswire
LAS VEGAS, Dec 17, 2003 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has officially retired 16,520,477,200 shares of CMKM stock back to the Treasury.
Urban Casavant, President of CMKM stated, "This is a huge step to create greater shareholder value by reducing the amount of shares issued of CMKM by over 16.5 billion shares. We also plan to retire more shares back to the treasury as soon as all necessary paper work is completed."
Casavant Mining International, Inc. (CMI) is currently private but will announce its plan to go public by Friday, December 19, 2003.
Updates on drilling progress will also be announced shortly.
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
Melvin O'Neil of Casavant Mining Kimberlite International
Diamonds Hotline, +1-306-752-3755, or 1-877-752-3755, or fax,
+1-306-752-3754, or ipr@sasktel.net; or Helen Bagley of 1st Global Stock
Transfer, LLC, +1-702-656-4919, or hb1stqlobal@aol.com, for Casavant Mining
Kimberlite International
www.prnewswire.com
Copyright (C) 2003 PR Newswire. All rights reserved.
