CD Promo Update.Business Editors ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Aug. 9, 2000 Audited Financials Received & Anticipated Close Tiberon Resources Ltd. (the "Company")(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TBRE) a Nevada corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada. Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven. , announces that pursuant to the Share Exchange Agreement (the "Agreement") between the Company and CD Promo pro·mo n. pl. pro·mos Informal A promotional presentation, such as a television spot, radio announcement, or personal appearance. Ltd., it has received the audited financial statements from CD Promo Ltd. Pursuant to the Agreement and providing that no material changes occur, closing of the Agreement is anticipated to take place on or before twenty days from the receipt of the audited financial statements. Upon the anticipated closing of the Agreement, CD Promo Ltd. will become the majority owner of the Company. CD Promo Ltd. intends to offer a unique marketing tool to allow businesses to profile themselves and its products by utilizing hardware/software technology in a number of different multi-media configurations all contained on custom shaped sized CDs. CD Promo Ltd.'s products are a quality marketing tool available to all business sectors which enable the consumer to visibly, and in media format, demonstrate their respective companies in a light most conducive to their business plans. This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, subscriber growth, product demand, competition, and other risks and uncertainties detailed from time to time in the Company's periodic reports. |
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