Casavant Mining Kimberlite International Announces Application for Name Change and New CUSIP Number.Business Editors LAS VEGAS--(BUSINESS WIRE)--Jan. 27, 2004 Urban Casavant is pleased to announce that 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) will have a name change and a new CUSIP number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. to reflect the recent steps taken by the company to move forward. The Company's name change and new CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. shall take effect sometime this week and shall be announced shortly after. The Company also announces a recall on all outstanding stock certificates since it has inaugurated actions to change the name and CUSIP number for its common stock and is notifying the Depository Trust Company Depository Trust Company (DTC) DTC is the world's largest central securities depository. It accepts deposits of over 2 million equity and debt securities issues (valued at $23 trillion) from over 65 countries for custody, executes book-entry deliveries (valued at over $116 trillion as to the effective date of the change. Shareholders will be required to obtain new certificates before being able to trade shares represented by their old certificates by close of the market on March 08, 2004. New stock certificates will only be issued upon the surrender of valid hard copy outstanding stock certificates to 1st Global Transfer LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . All communications relating to shareholder matters, such as transfer of shares, stock transfer requirements, missing stock certificates and changes of address, should be directed to 1st Global Stock Transfer LLC, at the following address and telephone number: Attention - Helen Bagley 7341 W. Charleston Blvd.-Suite 130 Las Vegas, Nevada 89117 Telephone Number (702) 656-4919 Fax Number (702) 304-0634 The name change and new CUSIP number comes after approval from the Board of Directors in light of the new year and goals set by the Company to further restructure and consolidate the operations already in motion for 2004. With spring approaching the Company is looking forward to beginning the extensive drill program already planned after the recent purchase of equipment. Shareholders shall be notified of details and upcoming developments as soon as information is available. There is no guarantee that drilling 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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