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Post by Franko10 ™ on Jan 29, 2005 0:05:15 GMT -5
Casavant Mining Kimberlite International Announces Negotiation With Two Public Companies for Buyout of Mining Claims
- PR Newswire
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.
Urban Casavant President of CMKM, stated, "We are negotiating with two public companies who would like to buy sizable portions of our mining claims. Obviously they see substantial value in our claims. We will announce our decision of a buyout and the terms by the end of January 2004. Our goal is to make the best decision which will benefit our shareholders."
This buyout in no way affects our plans to drill on claims in the Green Lake area or Forte a la Corne. Permits for both targets have been filed and the company is waiting for approval to drill.
There is no guarantee that further exploration of 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
Melvin O'Neil, +1-306-752-3755, or +1-877-752-3755, or Fax,
+1-306-752-3754, or ipr@sasktel.net, Diamonds Hotline for Casavant Mining
Kimberlite International
www.prnewswire.com
- PR Newswire
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.
Urban Casavant President of CMKM, stated, "We are negotiating with two public companies who would like to buy sizable portions of our mining claims. Obviously they see substantial value in our claims. We will announce our decision of a buyout and the terms by the end of January 2004. Our goal is to make the best decision which will benefit our shareholders."
This buyout in no way affects our plans to drill on claims in the Green Lake area or Forte a la Corne. Permits for both targets have been filed and the company is waiting for approval to drill.
There is no guarantee that further exploration of 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
Melvin O'Neil, +1-306-752-3755, or +1-877-752-3755, or Fax,
+1-306-752-3754, or ipr@sasktel.net, Diamonds Hotline for Casavant Mining
Kimberlite International
www.prnewswire.com
