Casavant Mining Kimberlite International Announces Summary of Drill Program to Commence.Business Editors LAS VEGAS--(BUSINESS WIRE)--Feb. 13, 2004 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) announces summary of drill program to commence. Arrangements are complete for transport of the company drilling equipment for the approximate 150-mile trip to the company facilities in Saskatchewan. This will allow speedy setup on preselected priority drill targets for diamond core sampling. The company has four to six months of diamond core sampling already scheduled which will commence shortly after arrival of the drilling equipment. Urban Casavant, president of CMKM, stated: "After many months of preparation and analyzing data, we are now in a position to make the next step; the significance of this turning point is a major accomplishment for the company. The expenses saved on an in-house drilling program will allow for more core sampling than originally expected." Details of the new name change and 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. will be released soon. There is no guarantee that further exploration or 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 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. 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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