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Post by Franko10 ™ on Jan 30, 2005 17:53:42 GMT -5
CMKM Diamonds Inc. Purchases 25% of Juina Mining
LAS VEGAS, Jul 29, 2004 (BUSINESS WIRE) -- CMKM Diamonds Inc. (Pink Sheets: CMKX) announced today that it has purchased common stock equating to 25% of the outstanding shares of Juina Mining Corp. (Pink Sheets: GEMM) for $500,000.
In addition, GEMM has issued an option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000.
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 risks 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.
Further developments and other information on the company may be viewed at our Web site, www.casavantmining.com.
SOURCE: CMKM Diamonds Inc.
CONTACT: CMKM Diamonds Inc.
Melvin O'Neil, 306-752-3755
877-752-3755
Fax: 306-752-3754
ipr@sasktel.net
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Copyright (C) 2004 Business Wire. All rights reserved.
LAS VEGAS, Jul 29, 2004 (BUSINESS WIRE) -- CMKM Diamonds Inc. (Pink Sheets: CMKX) announced today that it has purchased common stock equating to 25% of the outstanding shares of Juina Mining Corp. (Pink Sheets: GEMM) for $500,000.
In addition, GEMM has issued an option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000.
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 risks 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.
Further developments and other information on the company may be viewed at our Web site, www.casavantmining.com.
SOURCE: CMKM Diamonds Inc.
CONTACT: CMKM Diamonds Inc.
Melvin O'Neil, 306-752-3755
877-752-3755
Fax: 306-752-3754
ipr@sasktel.net
Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
