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Casvant Mining Kimberlite International Announces Cancellation of Jade Collection.


Business Editors

LAS VEGAS--(BUSINESS WIRE)--April 7, 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, Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CMKM), management today announced that it has cancelled the acquisition of the ancient Chinese List of ancient Chinese is a list of noteworthy people of ancient China. Different definitions of "ancient" China exist, but most agree that it is before the Tang dynasty. Related lists
A general listing of existing lists related to this topic.
 jade collection as previously stated in CMKM's 14c, which stated on Dec. 30, 2002, the company acquired $50 million dollars worth of ancient Chinese jade for 500 million shares of common stocks of the corporation. The cancellation was reached by mutual agreement by both parties.

This is one of many steps made by Casavant Mining in an effort to streamline operations and continue the company's focus on the diamond exploration.

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.
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Publication:Business Wire
Date:Apr 7, 2003
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