Casavant Mining Kimberlite International Announces $900,000 Funding from Three Diamond Exploration Companies.Business Editors LAS VEGAS--(BUSINESS WIRE)--Sept. 18, 2003 Casavant Mining Kimberlite kimberlite: see diamond. kimberlite or blue ground Dark, heavy, often fragmented igneous rock that may contain diamonds in the rock matrix. International (Pink Sheets: CMKM) is pleased to announce that $900,000 in funding has been successfully negotiated with three publicly traded companies. The three publicly traded diamond and mineral exploration companies are currently involved in exploration at Fort a la Corne and have reached an agreement with CMKI CMKI Christine M Kleinert Institute CMKI Casavant Mining Kimberlite International . The $900,000 of funding shall be used for expenditures to further exploration and drilling efforts on targets already identified at the Fort a la Corne claims held by the company. The recent developments and progress in the Fort a la Corne area by junior and senior mining and exploration companies continues to flourish. Details of the companies and the contract agreement are expected to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. tomorrow. There is no guarantee that drilling or further exploration will produce any economic benefit to the company or the shareholders of the company. 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. Statement under 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: The statements, other than the statements of historical facts, contained in this release which are not 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 Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses and the ability of the company to manage its operations. |
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