Corporate Development Strategies, Inc. Acquires 49% Interest in Millennium Silver Company.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--April 5, 2004 The Board of Directors of Corporate Development Strategies, Inc. (Pink Sheets:CDSJ CDSJ Community Development and Social Justice (Scholars Program) ) is pleased to announce that the Company has completed the acquisition of a 49% equity interest in Millennium Silver Company, a privately-held silver exploration and development venture. Millennium Silver Company ("MSC (1) (MSC.Software Corporation, Santa Ana, CA, www.mscsoftware.com) Founded in 1963 by Richard H. MacNeal and Robert G. Schwendler, MSC is the world's largest provider of mechanical computer aided engineering (MCAE) strategies, simulation software and services. ") is currently exploring silver projects in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Mexico. MSC intends to explore each project, with the objective of increasing the silver reserves and resources. The Silver spot price quoted in London April 5, 2004, is $8.195 per ounce. CDSJ's President, Darrell Cho states that "With silver bullion BULLION. In its usual acceptation, is uncoined gold or silver, in bars, plates, or other masses. 1 East, P. C. 188. 2. In the acts of Congress, the term is also applied to copper properly manufactured for the purpose of being coined into money. prices at 17 year highs and silver company shares up an average of 30% in the first quarter of 2004, we are very excited about this new direction for the Company. Corporate Development Strategies is a Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. which trades on the Pink Sheets under the symbol "CDSJ". On Behalf Of The Board of Directors Darrell Cho President This press release contains statements, which may constitute "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. " within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by 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. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. |
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