Coronado Explorations Ltd. Appoints Chief Financial Officer.Business Editors LONDON--(BUSINESS WIRE)--Jan. 29, 2002 Coronado Explorations Ltd. (The Company) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BB-COOX) announced today that it has appointed Mr. Michael F. Davenhill to Company's Board of Directors. On January 23rd 2002 the company announced that it had completed a merger with Naturol Inc., a Nevada Corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada. Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven. which holds the exclusive U.S. license to proprietary, leading edge, cost effective technology for extraction of bioactive bi·o·ac·tive adj. Of or relating to a substance that has an effect on living tissue. bioactive having an effect on or eliciting a response from living tissue. compounds from plants. Michael Davenhill has had a distinguished and diverse career in the area of financial management with several major multinational corporations
Part of the Earth east of the Atlantic Ocean. It includes Europe, Asia, Australia, and Africa. Longitudes 20° W and 160° E are often considered its boundaries. of Teleco Inc., Financial Director of J. Walter Thompson Walter Thompson refers to:
Michael Davenhill has a Masters Degree from Oxford University and an F.C.C.A. He has been appointed the Company's Chief Financial Officer. He brings a wealth of diverse multinational experience in the field of financial management. Naturol Inc. is dedicated to becoming a global leader in the commercialization of technology for the production of low cost, high quality extracts from natural materials. Naturol's proprietary technologies offer a benign and cost effective alternative to current extraction technologies and will produce high quality extracts to be used in the $2.4 billion dollar U.S. market for pharmaceutical, neutraceuticals, flavors and fragrances. Forward Looking Statements. The statements in this press release regarding the merger, future opportunities and any other effect, result or aspect of the transaction and any other statements, which are not historical fact, are forward looking statements. Such statements involve risks and uncertainties, including, but not limited to, costs and difficulties related to the integration of acquired businesses, costs, delays, and any other difficulties related to the merger, risks and effects of legal and administrative proceedings An administrative proceeding is a non-judicial determination of fault or guilt and may include in some cases penalties of various forms. A "Captain's Mast", held by a commanding officer of a warship is one such proceeding. and governmental regulation, future financial and operational results, competition, general economic conditions and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialise Verb 1. materialise - come into being; become reality; "Her dream really materialized" materialize, happen hap, happen, occur, come about, take place, go on, pass off, fall out, pass - come to pass; "What is happening?"; "The meeting took place off without , or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereo or to reflect the occurrence of unanticipated events. |
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