Post by Franko10 ™ on Jul 27, 2005 17:05:11 GMT -5
U.S. Canadian Minerals Inc. Attains 500,000 Acres of Mineral Rights Goal
LAS VEGAS--(BUSINESS WIRE)--Feb. 20, 2004
U.S. Canadian Minerals Inc. (OTC BB: UCAD) announced today that the company has reached its targeted goal with its joint venture partner, Nevada Minerals Inc., as previously stated, to acquire 500,000 acres of rights for mineral development and recovery. The physical location of these staked rights is the east and northwest side of Fort al la Corne, Prince Albert, province of Saskatchewan, Canada.
Rendal Williams, CEO of U.S. Canadian Minerals Inc., stated, "I am happy that we have finished phase one ahead of schedule, and that we've been able to attain our target of 500,000 acres so quickly. Our focus is now to move forward quickly into the next phase, as we develop real value for our shareholders."
Further details relative to this project, and other potential upcoming projects, will be forthcoming in future press releases, and in SEC filings issued by UCAD.
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Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
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