Casavant Mining Kimberlite International Terminates Negotiations with Juina for Acquisition.Business Editors LAS VEGAS--(BUSINESS WIRE)--March 31, 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 (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CMKM) management today announced that it has terminated negotiations with Juina Mining for the proposed acquisition. It is in the best interest of the company to focus all of the operational and financial resources on the Fort a la Corne claims in Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of at the present time. In the future, if both companies have a mutual interest, negotiations may resume. 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. This press release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as Amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. (the "Securities Act"), and section 21E of the Securities Act of 1934 as Amended (the "Exchange Act"). All statements that are included in the press release other than statements of historical fact are forward-looking statements. Although management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion