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Post by Franko10 ™ on Jan 29, 2005 0:06:56 GMT -5
Casavant Mining Kimberlite International Announces Retirement of 1.8 Billion Shares
- PR Newswire
LAS VEGAS, Jan 09, 2004 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of an additional 1.8 billion shares of CMKM stock. The company plans to retire these shares of stock back to the treasury to create greater shareholder value. The company also plans to wrap of negotiations of buy out of some mining claims and announce details of transaction by the end of the month.
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 statement, 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
International
www.prnewswire.com
Copyright (C) 2004 PR Newswire. All rights reserved.
- PR Newswire
LAS VEGAS, Jan 09, 2004 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of an additional 1.8 billion shares of CMKM stock. The company plans to retire these shares of stock back to the treasury to create greater shareholder value. The company also plans to wrap of negotiations of buy out of some mining claims and announce details of transaction by the end of the month.
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 statement, 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
International
www.prnewswire.com
Copyright (C) 2004 PR Newswire. All rights reserved.
