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Post by sandi66 on Sept 14, 2010 7:03:08 GMT -5
Casavant Mining Kimberlite International Announces Exploration, Reorganization and New Investor Relations Business Wire, Feb 18, 2003
Business Editors
HENDERSON, Nev.--(BUSINESS WIRE)--Feb. 18, 2003
Exploration
Casavant Mining Kimberlite International, Las Vegas, (OTC BB: CMKM) is pleased to announce that it is entering into discussions tomorrow in Las Vegas with representatives from Fugro Airbourne Services to plan for a systematic comprehensive aerial survey and analysis of the Fort a La Corne, Saskatchewan Diamond Claims. Fugro (please refer to their numerous Web sites) will specifically be instructed to use the latest technology to identify any kimberlite presence on the company's claims. There is no guarantee, however, that the survey will identify kimberlite pipes. Even if numerous kimberlite pipes are identified, there is no guarantee that such kimberlite pipes will contain any diamonds.
Proposed Merger
The company has moved forward on the reorganization announced Feb. 14, 2003, and has advised companies and individuals today, who currently have or who have recently had contracts with the company, that the company intends to retire these contracts and subsequently transfer its contractual obligations through the new entity.
New Investor Relations
As part of this transition, the new investor relations firm, effective immediately, will be:
Investor Relations
1489 West Warm Springs Road, Suite 110
Las Vegas, NV 89014
Tel: 702/946-6747
Fax: 702/946-6767
Contact persons: James Kenny/Ginger Gutierrez
The office is open 9 a.m. to 4 p.m. Monday through Friday.
Forward-Looking Statements
This press release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as amended (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.
COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Post by sandi66 on Sept 14, 2010 7:04:02 GMT -5
Casavant Mining Kimberlite International Fugro Airbourne Services Survey Agreement Signed Business Wire, Feb 20, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--Feb. 20, 2003
Casavant Mining Kimberlite International, Las Vegas, (OTC BB:CMKM) is pleased to announce that at 9 a.m. today the company signed a Canadian $956,540 (approximately U.S. $630,000) contract with Fugro Airbourne Services, Ottawa, Canada, to fly fixed-wing electromagnetic surveys from a Casa 212 aircraft utilizing GEOTEM, over the first 700,000 acres of diamond claims surrounding the De Beers diamond mine at Fort a La Corne, in Saskatchewan, Canada. Contract preparation will start immediately.
The company will receive daily reports and the 700,000 acres should be covered within five weeks.
There is no guarantee however, that the survey will identify any kimberlite or kimberlite pipes. Even if numerous kimberlite pipes are identified there is no guarantee that any such kimberlite pipes will contain any diamonds.
NEW INVESTOR RELATIONS
Princeton Research Inc. no longer represents the company.
The new exclusive investor relations firm is:
Investor Relations
1489 W. Warm Springs Rd., Suite 110
Las Vegas, NV 89014
Tel: 702/946-6746 (Please note new number)
Fax: 702/946-6767
Contact persons: James Kenny/Ginger Gutierrez
The investor relations office is open 9 a.m. to 4 p.m. Monday through Friday.
We believe the recent steps taken by management will enhance the stability of the company stock. We also believe that we have reached a pivotal point on our growth.
We look forward to hearing from you and we trust you will share in the excitement surrounding our venture.
Forward-Looking Statements
This press release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as Amended (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.
COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Post by sandi66 on Sept 14, 2010 7:04:57 GMT -5
Casavant Mining Kimberlite International Updates Shareholders on Most Frequently Asked Questions Business Wire, Feb 24, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--Feb. 24, 2003
-- FUGRO AIRBOURNE SURVEY
The Fugro Airbourne Survey is moving ahead with Fugro's GEOTEM. This is new proven technology used successfully in Alberta which will be utilized in Saskatchewan for the first time by us. Results will be announced daily starting this coming week as we begin to survey the 700,000 acres of immediately adjacent to the De Beers Claims, of approximately 1.9 million acres, including options in total. This expenditure of $ 956,540 Canadian, along with a small amount of expenditure on drilling will keep the claims current.
-- DRILLING PROGRAM
Any detected targets will be drilled immediately.
-- PROPOSED MERGER
The Company is moving ahead with its proposed merger talks. Once again Shareholders who approve the merger will have to surrender their certificates for certificates in the new entity to be announced.
The purpose of this reorganization is eventually to move the Company into a stronger position to enable it to consider moving ahead into the larger capital pools. The Company has put all previous proposals and contracts on hold until this is finalized.
The company presently intends to transfer any of its contractual obligations that it may wish to keep, all of which it currently it has on hold, to the new entity, with the CMKM shareholders becoming shareholders of the second company through an anticipated share exchange.
There is no guarantee, however, that this proposed transaction will be consummated, although it is anticipated and welcomed by the Board to identify actual shareholders of the corporation and also to eradicate any professional trading positions that may exist at this time in the Company's stock.
-- HOWARD BRONSON & COMPANY, NEW YORK
Howard Bronson is on a monthly retainer and is ready to work with us as a liaison with supporting brokers as soon as we are ready to go to New York with our Company reorganized to our satisfaction.
-- NEW INVESTOR RELATIONS
The company announces that PRINCETON RESEARCH, INC., HAS BEEN REPLACED BY:
INVESTOR RELATIONS
1489 W. Warm Springs Road, Suite 110
Henderson, NV 898014
Tel: 702/946 6746
Fax: 702/946 6767
James Kenny / Ginger Gutierrez
Monday to Friday 9 am to 4 pm
-- OTHER POINTS OF INTEREST
The change of CUSIP number and new trading symbol was dictated to us. We did request to keep CMKI, which we prefer and the old CUSIP number, but we understand that it is NASD policy to change these automatically where there is a name-change, so we had to change them.
Difficulty to pull up Casavant Mining Kimberlite International on EDGAR: Once again this is beyond our control since we do not run the Edgar database.
Shares: all insiders have restricted stock. Shares for the Canadian Claims are restricted. Shares for the Survey and Drilling Fund are restricted. All share positions were disclosed on the 14c filed recently, and prior to that the audited financial statements. Al restricted shares are for 2 years pursuant to Rule 144.
Proposed Pink Sheet Merger: this has also been put on hold until the Company reorganization is finalized.
Directors: The appointment of new directors pursuant to the majority shareholders meeting is also on hold pending completion of the reorganization.
Comments: We welcome your comments and wish to keep you completely informed and up to date on the affairs of the Company.
Forward Looking Statements
This press Release contains forward looking statements as that term is defined by Section 27A of the Securities Act of 1933, as Amended (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.
COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Post by sandi66 on Sept 14, 2010 7:05:43 GMT -5
Dr. Mark Hutchinson, Consulting Geologist for Casavant Mining Kimberlite International, Featured on Hotstockchat.Com Business Wire, Feb 25, 2003 Business Editors LAS VEGAS--(BUSINESS WIRE)--Feb. 25, 2003 Dr. Mark Hutchinson, Consulting Geologist for Casavant Mining Kimberlite International (OTCBB:CMKM) was interviewed on 21 February, 2003 by Tom Allinder of HotStockChat.com. During the interview, Dr. Hutchinson answered a variety of questions regarding CMKM's mining properties in the Fort a la Corne region in Saskatchewan, Canada. Topics include CMKM's strategy for exploration of their 1.9 million acres of property which surrounds De Beers/ Kensington and Shore Gold's possible valuation, as well as timetable for exploration and a background of the Fort a la Corne region. The interview may be accessed at www.hotstockchat.com. About CMKM CMKM is a strong Company with healthy financial backing and experienced management. It considers itself an active and aggressive Company with the will to succeed. About HotStockChat.com HotStockChat.com is a media and information site dealing with the OTCBB, AMEX and NASDAQ stock markets. HotStockChat.com produces quality and timely audio content that is unique and offers market participants and investors a different look at the markets. Fugro Moves Ahead With CMKM The Fugro Airbourne Survey is moving ahead with Fugro's GEOTEM. This is new proven technology used successfully in Alberta which will be utilized in Saskatchewan for the first time by us. Results will be announced daily starting this coming week as we begin to survey the 700,000 acres of immediately adjacent to the De Beers Claims, of approximately 1.9 million acres, including options in total. This expenditure of $956,540 Canadian, along with a small amount of expenditure on drilling will keep the claims current. There is no guarantee that any diamonds or other valuable resources will be discovered by this survey. Investor Relations 1489w. Warm Springs Road, Suite 110 Henderson, NV 898014 Tel: 702/946-6746 Fax: 702/946-6767 James Kenny/ Ginger Gutierrez Investor Relations open Monday to Friday 9am to 4 pm Comments: We welcome your comments, talk to us. We will keep you completely informed and up to date on all the affairs of the Company. Forward-Looking Statements This press Release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as Amended (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. COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Post by sandi66 on Sept 14, 2010 7:06:42 GMT -5
Business Editors
LAS VEGAS--(BUSINESS WIRE)--March 5, 2003
Casavant Mining Kimberlite International, Las Vegas (OTCBB: CMKM), has reached an agreement to the terms of an acquisition for the Snowden Kimberlite Pipe with Anglo Minerals Ltd. Claim S-133707 (Section 5, Twp 52, Rge 18, W2). This claim is one of many targeted by Casavant Mining, and Claim S-133707 is currently surrounded by Commando/Buckshot Holdings which recently was acquired by Casavant Mining Kimberlite International.
Saskatchewan Energy and Mines' open files record contains the following information (SEM open File 73HO7-0018) for informational purposes only.
-- Three drill holes were completed by Rhonda Mining Corp. in 1993, located 5 km southeast of Snowden, in Section 5, Twp 52, Rge 18, W2, adjacent to a large kimberlite body on Cameco/De Beers/Kensington ground to the north.
-- Rhonda drillhole OFS93-02 encountered 15 m of tufaceous/detrital kimberlite immediately below the overburden, from 102 m to 117 m. End of hole was at 160.6 m depth.
-- OFS93-03 cut 9 m of eruptive and detrital kimberlite material immediately below the overburden, from 95.12 m to 104.05 m. End of hole was at 154.8 m.
-- OFS93-04 intersected 14 m of mainly tufaceous kimberlite immediately below the overburden, from 94.4 m to 108.4 m. End of hole was at 160.6 m. Indicator mineral chemistry and micro diamond analyses were performed on kimberlite core samples. A total of 21 micro diamonds were reported from approximately 100 kg of kimberlite (100 kg equals approximately 220 pounds). (SEM Open File 73H07-0018).
Fugro Airborne Survey Update
We are pleased to inform that the Fugro Airborne Survey has been launched and is currently underway. Casavant Mining has received updates as to progress of the aerial survey on the 700,000 acres at the Fort A La Corne Project. On Feb. 26 and 27 Fugro crew was mobilized and approximately 892 kms of data was collected of the 11,380 kms contracted at this time. Fugro Airborne Surveys is currently using advanced Geotem Technology to identify any kimberlite presence on the company's claims.
Casavant Mining shall be informed, on a daily basis, in respect to the progress of the survey; the shareholders shall also be informed as to updates on a frequent basis.
There is no guarantee, however, that the survey will identify kimberlite pipes. Even if numerous kimberlite pipes are identified, there is no guarantee that any such kimberlite pipes will contain diamonds.
Investor Relations
In addition to investor relations in Las Vegas for Casavant Mining Kimberlite International, a Saskatchewan Diamonds Hotline has now been opened. The purpose for this office is to give shareholders an opportunity to speak with a representative from the Fort A La Corne area.
The division will be headed by Melvin O'Neil, a 50-year resident and a well-known member of the community.
O'Neil is familiar with the mining and mineral industry and has first-hand knowledge of the development of the Fort A La Corne area.
Saskatchewan Diamond Hotline Contact information:
Melvin O'Neil Office Tel.: 306/752-3755 Toll free in U.S./Canada: 877/752-3755 Fax: 306/752-3754 E-mail: ipr@sasktel.net
Casavant Mining Kimberlite International Inc. Contact information:
Investor Relations 1489 W. Warm Springs Rd., Suite 110 Las Vegas, NV 89014 Tel: 702/946-6746 (please note new number) Fax: 702/946-6767 Contact persons: James Kenny/Ginger Gutierrez
The office is open 9 a.m. to 4 p.m. Monday through Friday.
Correction
Press releases on Feb. 19 and 20 mentioned "claims surrounding the De Beers diamond mine at Fort A La Corne"; in fact, they should have read "De Beers diamond exploration project."
Forward-Looking Statements
This press release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as amended (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 reflected 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.
COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Casavant Mining Kimberlite International Announces Proposed Preferred Share Issuance and Spin Out of Subsidiary Business Wire, March 10, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--March 10, 2003
Casavant Mining Kimberlite International, Las Vegas, (OTCBB:CMKM) is pleased to announce that:
The Board of Directors of CMKM announced today the approval of a plan to spin-out Casavant International Mining Corporation, a wholly owned subsidiary of CMKM which owns zinc depositories. CMKM shall issue 1 preferred share for every 10,000 shares of CMKM for the purposes of completing the spin-out. The transaction will be completed, pending shareholder approval and SEC registration requirements.
The Board of Directors consider that the spin-out of Casavant International Mining Corporation will be in the best interest of the Company and its shareholders. CMKM and its officers and directors will be better able to focus on the diamond claims it currently holds, while the new Company will be able to focus on the zinc claims.
Investor Relations
1489 West Warm Springs Road, Suite 110
Las Vegas, Nevada 89014
Tel: 702/946-6746 Fax: 702/946-6767
Contact persons: Mr. James Kenny/ Ms. Ginger Gutierrez
The investor relations office is open 9 am to 4pm Monday through Friday.
Forward-Looking Statements
This press Release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as Amended (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.
COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Post by sandi66 on Sept 14, 2010 7:07:23 GMT -5
Casavant Mining Kimberlite International Terminates Negotiations with Juina for Acquisition Business Wire, March 31, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--March 31, 2003
Casavant Mining Kimberlite International (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 at the present time. In the future, if both companies have a mutual interest, negotiations may resume.
Forward-Looking Statements
This press release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as Amended (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.
COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Post by sandi66 on Sept 14, 2010 7:08:00 GMT -5
Juina Mining Corp. Ceases Negotiations and Cancels Agreements with Casavant Mining Kimberlite International Business Wire, April 1, 2003
Business Editors
GARDNERVILLE, Nev.--(BUSINESS WIRE)--April 1, 2003
The board of directors of Juina Mining Corp. (OTC Pink Sheets: GEMM), announced today they have halted all negotiations, and null and voided all agreements, with Casavant Mining Kimberlite International (OTCBB: CMKM). The decision was reached by mutual consent of all parties, and was deemed to be in the best interests of the company, and as well stated in a most recent press release by Casavant Mining Kimberlite International.
Management has commenced other alternatives, including the commencement of negotiations with another publicly traded OTC/BB company that, if successful, anticipates on improving corporate equity and increasing GEMM shareholder value.
Further information will be forthcoming, as merited, via press announcements.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Post by sandi66 on Sept 14, 2010 7:08:42 GMT -5
Casavant Mining Kimberlite International Terminates Negotiations with Dia Bras Exploration Inc Business Wire, April 1, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--April 1, 2003
Casavant Mining Kimberlite International, Las Vegas (OTCBB: CMKM) management today announced that it has terminated negotiations with Dia Bras Exploration Inc. as previously announced on Dec. 16, 2002, which stated negotiations to acquire 60 percent of the common shares scheduled to purchase $500,000 of Dia Bras common shares representing 40 percent in addition to $250,000 of warrants, which would have purchased an additional 20 percent of the common voting stock.
Casavant Mining is terminating specific negotiations at this time in an effort to streamline operations. 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 at the present time.
Forward-Looking Statements
This press Release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as amended (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.
COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Post by sandi66 on Sept 14, 2010 7:09:32 GMT -5
Casvant Mining Kimberlite International Announces Cancellation of Jade Collection Business Wire, April 7, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--April 7, 2003
Casavant Mining Kimberlite International, Las Vegas (OTCBB:CMKM), management today announced that it has cancelled the acquisition of the ancient Chinese 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
This press Release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as Amended (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.
COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Post by sandi66 on Sept 14, 2010 7:10:09 GMT -5
Casavant Mining Kimberlite International Announces Appointment of Executive Vice President Business Wire, April 17, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--April 17, 2003
Casavant Mining Kimberlite International (OTCBB:CMKM) on April 14, 2003 held a Board of Directors Meeting at 1489 Warm Springs in Las Vegas, Nevada and is pleased to announce the appointment of Corey Klassen as Executive Vice President.
Currently Mr. Klassen is a Regional Manager of Alberta, Saskatchewan and Manitoba for I.N.G. Mortgage Services Inc. of Edmonton, Alberta where he is solely responsible for Business Development with the primary objective focused on new expansion, growth and production.
Mr. Klassen has demonstrated his Professional Experience and has made significant contributions to numerous Financial Institutions over the last 10 years including Canada Mortgage Direct, Sentinel Life Financial, Mortgage Alliance Co. of Canada and I.N.G. Mortgage Broker Services which recently recognized him as "Highest Production for the Region" in company history and "Highest Percentage Increase In Overall Production" in a given year. 2002 Production for The Alberta, Saskatchewan and Manitoba Office increased by approx. 200% over 2001. Klassen has shown exceptional skills in Finance, Networking, Marketing and getting New Operations off the Ground.
Mr. Klassen is a Professional Executive who attended the University of Saskatchewan Majoring in Economics and is currently a member of The Canadian Institute of Mortgage Brokers and Lenders Association.
"We are pleased to welcome Mr. Klassen to the Board of Directors and look forward to the experience and expertise he will bring to the company," said Chairman Casavant. "In addition to his achievements and extensive experience in the Finance Industry, we are confident in Mr. Klassen's performance, ability and resourcefulness and consider him to be a valuable addition to the company."
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as amended (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.
COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Post by sandi66 on Sept 14, 2010 7:10:58 GMT -5
Casavant Mining Kimberlite International Announces Initial Report on Exploration Project at Fort a la Corne Business Wire, April 21, 2003
Business Editors
LAS VEGAS--(BUSINESS WIRE)--April 21, 2003
Casavant Mining Kimberlite International, Las Vegas (OTCBB:CMKM), management is pleased to announce that an exploration program aimed at identifying kimberlite targets on CMKM's mineral claims at Fort a la Corne, Saskatchewan has now been established. Dr. Mark Hutchison, Casavant Mining's senior project geologist, recently spent two weeks in the field delineating targets and liaising with ground crews and local facility providers. Management can report that suitable ground crews have now been retained by the company and are currently operational.
At this stage, priority has been given to a core block of approximately 192,315 acres of approximately 609,361 acres of CMKM's mineral claims which lie most contiguously with known diamondiferous kimberlites owned by other operators in the Fort a la Corne region. Although this is only a small percentage of this core block, within this land some 30 targets have been identified by Hutchison from regional aeromagnetic data provided by the Canadian Geological Survey and from low-level, high-resolution data collected by private enterprise using certain criteria known for locating kimberlite bodies. Amongst these targets, five locations have been identified as being of highest priority and will receive first attention initially from ground magnetic survey crews. This is the beginning of a series of reports expected by management from the initial review of data currently available and there is still further review necessary of new airborne aeromagnetic survey as it becomes available for locating targets in this entire core block of approximately 192,315 acres.
It is anticipated that given positive findings from detailed ground magnetic and gravimetric surveying, drilling will be implemented shortly thereafter. Steps have already been taken to retain the services of drilling service providers and Hutchison took time to review the services available from mineral separation contractors who would process drill core for diamonds and related minerals. It is anticipated that to minimize transportation costs, a local contractor will be used for this process, with final geochemical analysis being undertaken in one of a number of internationally recognized laboratories under Hutchison's supervision.
Project scientists are currently active in delineating targets on all of CMKM's claims and management also plans to continue to expand targets by use of airborne electromagnetic surveying under the supervision of project geophysicist Dr. Jovan Silic. Management is satisfied that technical expertise essential for a successful exploration project has now been established and is confident that exploration goals are achievable in a suitable timeframe.
There is no guarantee, however, that the possible targets are in fact kimberlites, or if identified as kimberlites will contain any diamonds.
Mark Hutchison, Ph.D., graduated from the University of Edinburgh with a Bachelor of Science honors in geology in 1993. For the past 10 years Hutchison has been working on diamond research and has in-depth knowledge of diamonds from a number of worldwide localities, having completed his Ph.D. on the subject in 1997. Doctorate in mantle geochemistry and diamond geology from the University of Edinburgh in 1998. Credited and widely published for the discovery of two new minerals in scientific literature. Worked as a research associate for two years (1998-2000) at the University of Arizona's lunar and planetary laboratory with support from the U.S. National Science Foundation and NASA.
Hutchison has been an invited lecturer on deep mantle diamonds at several institutions, has served as a chair for the American Geophysical Union and holds a position of honorary associate of the University of Sydney. Through his research he has developed models for prospecting for diamonds in non-classical settings particularly useful to Brazil, Australia and Canada. Hutchison has worked closely with Casavant Mining as a consultant since inception and is a candidate for the board.
Forward-Looking Statements
This press release contains forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as amended (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 reflected 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.
COPYRIGHT 2003 Business Wire COPYRIGHT 2003 Gale Group
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Post by sandi66 on Sept 14, 2010 7:13:51 GMT -5
Casavant Mining Kimberlite International Drilling Permit Application Approved by Board - BusinessWire LAS VEGAS, Jul 23, 2003 (BUSINESS WIRE) -- Urban Casavant is pleased to announce that Casavant Mining Kimberlite International has approved a drilling permit application for the Fort a La Corne claims. The approval of the drilling permit application by the board is a major step forward for the company. There is no guarantee that drilling will produce any economic benefit to the company or the shareholders of the company. Safe Harbor Statement under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. SOURCE: Casavant Mining Kimberlite International Casavant Mining Kimberlite International, Las Vegas Melvin O'Neal, 877-752-3755 (Field Information) www.businesswire.comToday's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2003 Business Wire. All rights reserved.
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Post by sandi66 on Sept 14, 2010 7:14:29 GMT -5
Casavant Mining Kimberlite International Recent Developments for Fort a la Corne - BusinessWire LAS VEGAS, Aug 7, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets:CMKM) is pleased to report that progress continues to be made in developing the company's exploration interests by continuing work in the Fort a la Corne area and in its target area selection elsewhere in Canada. Exploration Geologist Dr. Mark Hutchison recently completed the necessary paperwork to retain CMKI's interests in claims surrounding and adjacent to the Kensington (KRT), Cameco, DeBeers Joint Venture and Shore Gold's diamond-bearing properties in Fort a la Corne. Approximately 192,303 acres were successfully claimed by a numbered Saskatchewan company on behalf of the company which allows Casavant Mining mineral rights for two years for drilling and exploration. A recent drilling and sampling program conducted by The Fort a la Corne Joint Venture operated by DeBeers Canada Exploration Inc. recovered a 10.23 carat diamond from the drilling phase of the 2002 advanced exploration/evaluation program as published in a press release dated May 21, 2003, for Kensington Resources Ltd. While presenting research at the recent International Kimberlite Conference in Victoria, B.C., Hutchison was able to discuss at length issues pertaining to the Fort a la Corne prospect. "It is generally understood that Fort a la Corne contains some of the world's largest kimberlite bodies, many of which are significantly diamondiferous," said Hutchison. "In the context of Canadian diamond geology, it is widely held that Fort a la Corne is likely to produce an economic kimberlite body which in terms of quantity of stones could easily match total Canadian production." Hutchison obtained numerous independent opinions from informed members of the research community supporting CMKI's strategy of target selection by Geotem technology. Although analysis of Geotem data has not been completed, initial indications from surveys flown over CMKI claims are proving promising. Hutchison also was given the opportunity to examine core samples material from diamondiferous kimberlites obtained by DeBeers and other third-party operators from targets nearby and next to CMKI claims. CMKI is now in a position of heightened confidence in the ability to interpret forthcoming core from its own claims in what are expected to be unusual and interesting kimberlites. CMKI management is very pleased to be operating in an area of significant diamond potential and within a climate where Canadian diamonds are receiving deserved intense international attention. While continuing to focus on Fort a la Corne, CMKI is remaining proactive in expanding their asset base through target acquisition elsewhere in Canada. A small-scale exploration program has now commenced looking at the geochemistry of heavy mineral samples obtained from a very promising and poorly developed target area. Negotiations are currently underway with claim holders, and once agreements are in place and geochemical data is available, further information will be released. As announced prior, Casavant Mining is currently waiting for approval for drill permits to begin the drilling phase of previously determined high-priority targets. There is no guarantee that drilling or further exploration will produce any economic benefit to the company or the shareholders of the company. Safe Harbor Statement under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. SOURCE: Casavant Mining Kimberlite International Casavant Mining Kimberlite International Diamonds Hotline Melvin O'Neil, 306-752-3755 or 877-752-3755 Fax: 306-752-3754 ipr@sasktel.net www.businesswire.comToday's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2003 Business Wire. All rights reserved.
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Post by sandi66 on Sept 14, 2010 7:15:28 GMT -5
Casavant Mining Kimberlite International Announces a Two for One Forward Stock Split for All Shareholders of Record - PR Newswire LAS VEGAS, Aug 19, 2003 /PRNewswire-FirstCall via Comtex/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) is pleased to announce a forward stock split payable with a 100% dividend of one share of CMKM stock for every share of CMKM stock held under the following terms: Shareholders of record who hold stock through close of market September 12, 2003 will receive one additional free trading share of CMKM stock for every share held. The payable date will be September 28, 2003. Example, if a shareholder has 1,000 shares of CMKM stock and holds shares through close of market on September 12, 2003 they will receive an additional 1,000 free trading shares of CMKM stock on September 28, 2003 (Payable Date) for a total of 2,000 shares. This dividend is to reward the shareholders for their continued support for Casavant Mining. The company has made this dividend available because of escalated developments in the Fort a la Corne, including Kensington and DeBeers diamond fields. Casavant has applied for a drilling permit and significant improvement is expected once drilling begins to enhance mining efforts in diamond fields. The company is very pleased to be operating in fields with significant diamond potential. There is no guarantee that drilling or further exploration will produce economic benefit to the company or the shareholders of the company. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements 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 and the ability of the company to manage its operations. SOURCE Casavant Mining Kimberlite International Melvin O'Neil of Casavant Mining Kimberlite International Diamonds Hotline, +1-306-752-3755 or +1-877-752-3755, or fax, +1-306-752-3754, or ipr@sasktel.net www.prnewswire.comCopyright (C) 2003 PR Newswire. All rights reserved.
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Post by sandi66 on Sept 14, 2010 7:16:07 GMT -5
Casavant Mining Kimberlite International Spin-Out and Share Distribution To All CMKM Shareholders - PR Newswire
LAS VEGAS, Aug 21, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (OTC Pink Sheets: CMKM) is pleased to announce that the Board of Directors of Casavant Mining Kimberlite International (CMKM) have approved the spin-out of the corporate zinc deposits at George Lake, Saskatchewan, with the spin-out of its wholly owned subsidiary Casavant Mining International, Inc. (CMI). The target date for the spin-out will be before the end of September 2003, and will be announced shortly. CMKM shareholders of record at the time will receive one share in CMI for every share they hold and will continue to own in (CMKM). This spin-out will enable CMKM to concentrate on diamond exploration and development at Forte a la Corne, Saskatchewan.
Drilling information will also be released shortly.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements 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 and the ability of the company to manage its operations.
SOURCE Casavant Mining Kimberlite International
Melvin O'Neil, Diamonds Hotline of Casavant Mining Kimberlite International, +1-306-752-3755, or +1-877-752-3755, or fax, +1-306-752-3754, or ipr@sasktel.net (CMKM)
Copyright (C) 2003 PR Newswire. All rights reserved.
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Post by sandi66 on Sept 14, 2010 7:17:00 GMT -5
Casavant Mining Kimberlite International Clarifies Payable Date for CMKM Stock Split and Dates of Record for CMI Spin-out - PR Newswire
LAS VEGAS, Aug 22, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International would like to clarify that the payable date for the 2-1 forward stock split will be Monday September 29, 2003. This means that all shareholders who hold CMKM stock through close of market Friday September 12, 2003 will receive one additional CMKM share of stock for every share that they hold through September 12, 2003 the X dividend date, and be paid extra shares by September 29, 2003.
Casavant Mining Kimberlite International Board of directors have also approved the spin-out of the corporate zinc deposits at George Lake, Saskatchewan, its wholly owned subsidiary Casavant Mining International, Inc. (CMI). Shareholders of record who hold CMKM stock through close of market on Friday September 19, 2003 will receive one share of CMI stock for every share of CMKM stock that they hold through this date. The payable date for the CMI shares of stock will be Friday October 3, 2003. CMKM shareholders of record at the time will receive one share in CMI stock for every share they hold and will continue to own their CMKM stock. This spin-out will enable CMKM to concentrate on diamond exploration and development at Forte a la Corne, Saskatchewan.
If shareholders sell their CMKM stock before September 12, 2003 or September 19, 2003 they will forfeit their rights to receive dividends for CMKM stock split or CMI stock.
Drilling information will also be released shortly.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements 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 and the ability of the company to manage its operations.
SOURCE Casavant Mining Kimberlite International
Melvin O'Neil of Casavant Mining Kimberlite International, Diamonds Hotline, +1-306-752-3755, +1-877-752-3755, fax, +1-306-752-3754, ipr@sasktel.net (CMKM)
Copyright (C) 2003 PR Newswire. All rights reserved.
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Post by sandi66 on Sept 14, 2010 7:18:02 GMT -5
Casavant Mining Kimberlite International Announces $3,000,000 Contract for Mineral Exploration and Drill Contract Program - BusinessWire LAS VEGAS, Aug 27, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (html-profile.asp?symb=CMKM) is pleased to announce that a contract for $3,000,000 has been negotiated and signed with Durama Enterprises Limited with work to begin immediately. Durama Enterprises has been retained, and is contracted to provide an exploration service contract which includes, but is not limited to, all filings with appropriate agencies, drill permits, managing claims assessment work to keep claims in good standing, applying for government grants for mineral claims, line cutting for access to target drill locations, geophysical surveying including total field, vertical gradient magnetics, VLF-EM and HLEM surveys, geochemical surveys and completing the necessary airborne electro magnetic surveying needed to locate additional targets. Through the direction of management of Casavant Mining, the drilling program is scheduled to commence immediately with the coordination and under the supervision of CMKI's senior project geologist, Dr. Mark Hutchison. Durama Enterprises Company Overview Durama Enterprises is an established exploration service contractor which has been in business since 1979. Randy Studer, A.Sc.T. and Duane Studer, A.Sc.T, established Durama Enterprises after both had completed courses in mineral resource technology. The Company was built on a family history of active participation in the exploration and development of mineral properties in Northern Saskatchewan. Randy and Duane Studer grew up in La Ronge, in the heart of the La Ronge Gold Belt and benefit from the experience and counsel of Vernon Studer who has been involved in the exploration for gold and other minerals in the north for more than 40 years. The Company has been engaged in locating and developing properties in search for precious metals, base metals and diamonds in Northern Saskatchewan, Manitoba and Northwestern Ontario. In the process, the Company has trained an experienced work force with as many as 30 people employed in various fields. Casavant Mining Company Overview Casavant Mining is a mining and exploration company with mineral claims in Fort a la Corne which is known for its diamondiferous kimberlites for being some of the largest in the world. The Company currently has approximately 609,361 acres of mineral claims with options for approximately 1.9 million acres total in Fort a la Corne which lie most contiguously with known diamondiferous kimberlites owned by other operators in the region. Within the past several months, senior project geologist, Dr. Mark Hutchison has spent time in the field delineating targets and has identified 30 targets using certain criteria known for locating kimberlite bodies from regional aeromagnetic data and from low level, high resolution data collected by private enterprise. While Casavant Mining continues to focus on Fort a la Corne, the Company is currently negotiating a target acquisition elsewhere in Canada, also at this time. A small scale exploration program has now commenced, looking at the geochemistry of heavy mineral samples obtained from a very promising and poorly developed target area. Casavant Mining Zinc Claims Overview The Company also has zinc claims that include the original George Lake zinc deposit (also known as Brakewell Lake). The George Lake area has had numerous diamond drilling, airborne electro magnetic surveying, geological, magnetometor, surficial geology and soil sample surveys conducted on these claims, from the late 1960's, to the early 1990's, after diamond drilling was completed in 1969 to 1970, an ore reserve calculation was released and recorded on Saskatchewan mineral deposit index #0663 of the Saskatchewan industry and resources website. The ore reserve was stated and estimated to be 5,000,000 tons of low grade reserves at 1% to 2.65% and 2,900,000 tons high grade reserves at 2% to 3.67%. This information was taken from a third party from a mineral property report from the Saskatchewan industry resources website, therefore, it cannot be guaranteed that this information is, in fact, accurate and can be accessed by going to www.ir.gov.sk.ca (click) department data bases, (click) mineral resource data bases, (click) Saskatchewan mineral deposit index, (click) search the mineral deposit index, (enter) 0663 in smdi field and (enter) George Lake in location field and (press) submit. (http://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/Default.asp?ID=0663) There is no guarantee that drilling or further exploration will produce any economic benefit to the company or the shareholders of the company. Safe Harbor Statement under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. SOURCE: Casavant Mining Kimberlite International Casavant Mining Kimberlite International Diamonds Hotline: Melvin O'Neil, 306-752-3755 Toll free in U.S./Canada: 877-752-3755 Fax: 306-752-3754 ipr@sasktel.net www.businesswire.com
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Post by sandi66 on Sept 14, 2010 7:18:50 GMT -5
Casavant Mining Kimberlite International Announces Purchase of 25 Mineral Claims and Ground Magnetic Survey Update - BusinessWire LAS VEGAS, Sep 3, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International is pleased to announce the purchase of 25 mineral claims from North Sask Ventures Limited (a private company), approximately 10,912 acres in the Fort a la Corne area. After airborne magnetic surveys were conducted in the Fort a la Corne area, most of these claims were staked by previous claim holders, due to anomalies that were acquired from data taken from the airborne magnetic surveys. Two of the 25 claims are adjacent to known diamond-bearing property operated by Kensington (KRT), Cameco, DeBeers Joint Venture in Fort a la Corne. Claim #S-135017 is south of kimberlite body #152 and claim #S-15016 is north of kimberlite body #168 both which are operated by the joint venture. Claim #S-135018 is adjacent and north of Shore Gold's (SGF) Birch Lake kimberlite. The remaining mineral claims are strategically located and are currently surrounded by numerous other claims held by CMKI and other claim holders in the area. Durama Enterprises Ltd. which was recently awarded the mining and exploration contract for CMKI have mobilized their crews and are currently working on the first phase of the contract. Durama has obtained and is authorized work permits which were issued by the Saskatchewan Environment approved for these 25 mineral claims and the previously announced 30 priority targets selected by senior project geologist, Dr. Mark Hutchison. These work permits are issued for line cutting and ground geophysics which include magnetic surveys, as well as gravity surveys. Seven targets of the first 55 selected have had ground magnetics completed by Durama on them with a gravity survey follow-up to commence shortly. Results for the first 7 targets are expected later this week or the first of next week. If the gravity survey is confirmed positive, the target will be drill-ready. Casavant Mining Company Overview Casavant Mining is a mining and exploration company with mineral claims in Fort a la Corne which is known for its diamondiferous kimberlites for being some of the largest in the world. The Company currently has approximately 609,361 acres of mineral claims with options for approximately 1.9 million acres total in Fort a la Corne which lie most contiguously with known diamondiferous kimberlites owned by other operators in the region. Within the past several months, senior project geologist, Dr. Mark Hutchison has spent time in the field delineating targets and has identified 30 targets using certain criteria known for locating kimberlite bodies from regional aeromagnetic data and from low level, high resolution data collected by private enterprise. While Casavant Mining continues to focus on Fort a la Corne, the Company is currently negotiating a target acquisition elsewhere in Canada, also at this time. A small scale exploration program has now commenced, looking at the geochemistry of heavy mineral samples obtained from a very promising and poorly developed target area. Casavant Mining Zinc Claims Overview The Company also has zinc claims that include the original George Lake zinc deposit (also known as Brakewell Lake). The George Lake area has had numerous diamond drilling, airborne electro magnetic surveying, geological, magnetometor, surficial geology and soil sample surveys conducted on these claims, from the late 1960's to the early 1990's. After diamond drilling was completed in 1969 to 1970, an ore reserve calculation was released and recorded on Saskatchewan mineral deposit index #0663 of the Saskatchewan industry and resources website. The ore reserve was stated and estimated to be 5,000,000 tons of low grade reserves at 1% to 2.65% and 2,900,000 tons high grade reserves at 2% to 3.67%. This information was taken from a third party from a mineral property report from the Saskatchewan industry resources website, therefore, it cannot be guaranteed that this information is, in fact, accurate. It can be accessed by going to www.ir.gov.sk.ca (click) department data bases, (click) mineral resource data bases, (click) Saskatchewan mineral deposit index, (click) search the mineral deposit index, (enter) 0663 in smdi field and (enter) George Lake in location field and (press) submit. (http://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/Default.asp?ID=0663) There is no guarantee that drilling or further exploration will produce any economic benefit to the company or the shareholders of the company. Safe Harbor Statement under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. SOURCE: Casavant Mining Kimberlite International Diamonds Hotline Melvin O'Neil, 306-752-3755 or 877-752-3755 ipr@sasktel.net www.businesswire.commoney.cnn.com/news/deals/mergers/reports/629405040.html
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Post by sandi66 on Sept 14, 2010 7:19:42 GMT -5
Casavant Mining Kimberlite International Recent Developments and X vidend Date, September 12, and September 19, 2003. - BusinessWire LAS VEGAS, Sep 12, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets:CMKM) announces that all shareholders who hold CMKM stock through close of market Friday, September 12, 2003 will receive one additional CMKM share of stock (2-1 for one forward stock split) for every share that they hold through September 12, 2003, the X dividend date, and be paid extra shares by September 29, 2003. Casavant Mining Kimberlite International Board of Directors has also approved the spin-out of the corporate zinc deposits at George Lake, Saskatchewan, its wholly owned subsidiary Casavant Mining International, Inc. (CMI). Shareholders of record who hold CMKM stock through close of market on Friday, September 19, 2003 will receive one share of CMI stock for every share of CMKM stock that they hold through this date. The payable date for the CMI shares of stock will be Friday, October 3, 2003. CMKM shareholders of record at the time will receive one share in CMI stock for every share they hold and will continue to own their CMKM stock. This spin-out will enable CMKM to concentrate on diamond exploration and development at Fort a la Corne, Saskatchewan. Due to recent developments of the company, several capital and equity investors have shown interest in Casavant Mining Kimberlite International. These investors represent a large number of fund managers and capital resources who are interested in making direct equity investments in public and private companies. A small scale exploration program had commenced, looking at the geochemistry of heavy mineral samples obtained from a very promising and poorly developed tarDiget area. While Casavant Mining continues to focus on Fort a la Corne, the Company was successful and completed negotiations for this acquisition of claims elsewhere in Canada. Details are expected to be announced shortly. Durama Enterprises Ltd., which was recently awarded the mining and exploration contract for CMKI, have mobilized their crews and are currently working on the first phase of the contract. Durama has obtained and is authorized work permits which were issued by the Saskatchewan Environment approved for these 25 mineral claims and the previously announced 30 priority targets selected by senior project geologist, Dr. Mark Hutchison. These work permits are issued for line cutting and ground geophysics which include magnetic surveys, as well as gravity surveys. Seven targets of the first 55 selected have had ground magnetics completed by Durama on them. Work conditions remain favorable and continue on the Fort a la Corne claims and that the recent ground magnetic surveys completed on the 7 claims have located and verified anomalies, which were picked from a low level airborne, high resolution survey, completed in 1993. The claims have remained dormant for the last ten years, due to the lack of capital funding of the previous claim holders and the high expense of mining explorations and additional surveys needed to verify the anomalies before advancing to the next stage of diamond core sampling. To further confirm each of the priority anomalies from these ground magnetic surveys conducted, the initial results have indicated five of the seven targets, have been selected in which gravity data will be collected to assist in the evaluation. If the gravity survey is confirmed positive, the target will be drill-ready. Exploration work, ground magnetic surveying and gravity surveying, continue on the 25 mineral claims recently purchased from North Sask Ventures Limited (a private company), approximately 10,912 acres in the Fort a la Corne area. Two of the 25 claims are adjacent to known diamond-bearing property operated by Kensington (KRT), Cameco, DeBeers Joint Venture in Fort a la Corne. Claim #S-135017 is south of kimberlite body #152 and claim #S-15016 is north of kimberlite body #168 both which are operated by the joint venture. Claim #S-135018 is adjacent and north of Shore Gold's (SGF) Birch Lake kimberlite. The remaining mineral claims are strategically located and are currently surrounded by numerous other claims held by CMKI and other claim holders in the area. Casavant Mining Company Overview Casavant Mining is a mining and exploration company with mineral claims in Fort a la Corne which is known for its diamondiferous kimberlites for being some of the largest in the world. The Company currently has approximately 609,361 acres of mineral claims with options for approximately 1.9 million acres total in Fort a la Corne which lie most contiguously with known diamondiferous kimberlites owned by other operators in the region. Within the past several months, senior project geologist, Dr. Mark Hutchison has spent time in the field delineating targets and has identified 30 targets using certain criteria known for locating kimberlite bodies from regional aeromagnetic data and from low level, high resolution data collected by private enterprise. Casavant Mining Zinc Claims Overview The Company also has zinc claims that include the original George Lake zinc deposit (also known as Brakewell Lake). The George Lake area has had numerous diamond drilling, airborne electromagnetic surveying, geological, magnetometor, surficial geology and soil sample surveys conducted on these claims, from the late 1960's, to the early 1990's, after diamond drilling was completed in 1969 to 1970, an ore reserve calculation was released and recorded on Saskatchewan mineral deposit index #0663 of the Saskatchewan industry and resources website. The ore reserve was stated and estimated to be 5,000,000 tons of low grade reserves at 1% to 2.65% and 2,900,000 tons high grade reserves at 2% to 3.67%. This information was taken from a third party from a mineral property report from the Saskatchewan industry resources website, therefore, it cannot be guaranteed that this information is, in fact, accurate and can be accessed by going to www.ir.gov.sk.ca (click) department data bases, (click) mineral resource data bases, (click) Saskatchewan mineral deposit index, (click) search the mineral deposit index, (enter) 0663 in smdi field and (enter) George Lake in location field and (press) submit. (http://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/Default.asp?ID=0663) Durama Enterprises Company Overview Durama Enterprises is an established exploration service contractor which has been in business since 1979. Randy Studer, A.Sc.T. and Duane Studer, A.Sc.T., established Durama Enterprises after both had completed courses in mineral resource technology. The Company was built on a family history of active participation in the exploration and development of mineral properties in Northern Saskatchewan. Randy and Duane Studer grew up in La Ronge, in the heart of the La Ronge Gold Belt and benefit from the experience and counsel of Vernon Studer who has been involved in the exploration for gold and other minerals in the north for more than 40 years. The Company has been engaged in locating and developing properties in search for precious metals, base metals and diamonds in Northern Saskatchewan, Manitoba and Northwestern Ontario. In the process, the Company has trained an experienced work force with as many as 30 people employed in various fields. There is no guarantee that drilling or further exploration will produce any economic benefit to the company or the shareholders of the company. Safe Harbor Statement under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. Copyright (C) 2003 Business Wire. All rights reserved. SOURCE: Casavant Mining Kimberlite International Casavant Mining Kimberlite International Diamonds Hotline Melvin O'Neil, 306-752-3755 Toll free in U.S./Canada: 877-752-3755 Fax: 306-752-3754 E-mail: ipr@sasktel.net www.businesswire.com
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Post by sandi66 on Sept 14, 2010 7:22:16 GMT -5
Casavant Mining Kimberlite International Announces Diamond Drill Core Sampling To Commence In October - BusinessWire LAS VEGAS, Sep 17, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets:CMKM) is pleased to announce that drilling will begin on or before October 24, 2003, to obtain diamond drill core samples. Durama Enterprises, Ltd. has completed preliminary surveys to identify the first 5 targets for drilling. The first 5 targets are the highest priority, to date. Casavant Mining will be initiating their first diamond drill core sampling of a series of core sampling expected within the next few months. In addition to the 55 possible targets already identified, 96 more targets have been added to the list, for a total of 151 possible targets, thus far. The 151 possible targets identified are derived from data acquired, both public and private, these targets represent only a small percentage of the claims held by the Company. These targets were identified out of the first core block and the 25 newly acquired claims. As data is being released and reviewed, new targets are being identified after thorough analysis and cross-referenced with other available historical data. Exploration work, ground magnetic surveying and gravity surveying will continue on the 151 possible targets identified. There is no guarantee that drilling or further exploration will produce any economic benefit to the company or the shareholders of the company. Safe Harbor Statement under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. SOURCE: Casavant Mining Kimberlite International Casavant Mining Kimberlite International Diamonds Hotline: Melvin O'Neil, 306-752-3755 Toll free in U.S./Canada: 877-752-3755 Fax: 306-752-3754 ipr@sasktel.net www.businesswire.com
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Post by sandi66 on Sept 14, 2010 7:23:19 GMT -5
Casavant Mining Kimberlite International Announces $900,000 Funding from Three Diamond Exploration Companies - BusinessWire LAS VEGAS, Sep 18, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) is pleased to announce that $900,000 in funding has been successfully negotiated with three publicly traded companies. The three publicly traded diamond and mineral exploration companies are currently involved in exploration at Fort a la Corne and have reached an agreement with CMKI. The $900,000 of funding shall be used for expenditures to further exploration and drilling efforts on targets already identified at the Fort a la Corne claims held by the company. The recent developments and progress in the Fort a la Corne area by junior and senior mining and exploration companies continues to flourish. Details of the companies and the contract agreement are expected to be announced tomorrow. There is no guarantee that drilling or further exploration will produce any economic benefit to the company or the shareholders of the company. Safe Harbor Statement under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. SOURCE: Casavant Mining Kimberlite International Casavant Mining Kimberlite International Diamonds Hotline: Melvin O'Neil, 306-752-3755 Toll free in U.S./Canada: 877-752-3755 Fax: 306-752-3754 ipr@sasktel.net www.businesswire.com
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Post by sandi66 on Sept 14, 2010 7:23:59 GMT -5
Casavant Mining Kimberlite International Enters Into Joint Venture Agreement For Development Of Mineral Claims - BusinessWire LAS VEGAS, Sep 19, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets:CMKM) has reached an agreement for $900,000 in funding with three junior mining exploration companies. CMKI grants the options to United Carina Resources (CDNX-UCA-V) (www.unitedcarina.com), Consolidated Pine Channel Gold (CDNX-KPG-V) (www.pinechannel.com) and Shane Resources (CDNX-SEI-V) the right to acquire an undivided 10% interest each in 82 prospective claims held by the Company in consideration for the $900,000 in funding. The first $450,000 is due and payable on or before Dec. 31, 2003, and an additional $450,000 due and payable on or before Dec. 31, 2004. All three companies may accelerate the time in which the option price is to be paid. CMKI has first right of refusal to acquire up to a 49% interest in any property held individually by United Carina Resources, Consolidated Pine Channel Gold or Shane Resources, which is being or is to be explored for diamonds. Casavant Mining will use the funds advanced from the three companies to undertake work on the properties in accordance with programs recommended by qualified persons. "We are pleased to welcome these companies on board and look forward to a long and lasting relationship in this joint venture," said Urban Casavant. "This is a pivotal point for the Company and a very important step necessary for the development of these claims. This $900,000 in funding ensures that progress will remain steady and the Company is focused on moving forward." There is no guarantee that drilling or further exploration will produce any economic benefit to the company or the shareholders of the company. Safe Harbor Statement under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. SOURCE: Casavant Mining Kimberlite International Casavant Mining Kimberlite International Diamonds Hotline: Melvin O'Neil, 306-752-3755 Toll free in U.S./Canada: 877-752-3755 Fax: 306-752-3754 ipr@sasktel.net www.businesswire.com
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Post by sandi66 on Sept 14, 2010 7:25:00 GMT -5
Casavant Mining Kimberlite International X Dividend Date September 19, 2003 For Zinc Spin-Out. - BusinessWire LAS VEGAS, Sept 19, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets:CMKM) The Board of Directors have approved the spin-out of the corporate zinc deposits at George Lake, Saskatchewan, its wholly owned subsidiary Casavant Mining International, Inc. (CMI). Shareholders of record who hold CMKM stock through close of market on Friday, September 19, 2003 will receive one share of CMI stock for every share of CMKM stock that they hold through this date. The payable date for the CMI shares of stock will be Friday, October 3, 2003. CMKM shareholders of record at the time will receive one share in CMI stock for every share they hold and will continue to own their CMKM stock. This spin-out will enable CMKM to concentrate on diamond exploration and development at Fort a la Corne, Saskatchewan. Urban Casavant shall remain as president during the interim until a suitable candidate has been selected to operate the zinc mining and exploration company. CMI has plans to launch a substantial drilling and exploration program at George Lake which is expected to start early 2004. At this time the zinc claims will remain an asset of the Company. CMI reserves the right to option the George Lake Claims out to develop the property as the location is favorable for mining and within approx. 60 miles of an existing smeltering plant. Casavant Mining Zinc Claims Overview The Company also has zinc claims that include the original George Lake zinc deposit (also known as Brakewell Lake). The George Lake area has had numerous diamond drilling, airborne electro magnetic surveying, geological, magnetometor, surficial geology and soil sample surveys conducted on these claims, from the late 1960's, to the early 1990's, after diamond drilling was completed in 1969 to 1970, an ore reserve calculation was released and recorded on Saskatchewan mineral deposit index #0663 of the Saskatchewan industry and resources website. The ore reserve was stated and estimated to be 5,000,000 tons of low grade reserves at 1% to 2.65% and 2,900,000 tons high grade reserves at 2% to 3.67%. This information was taken from a third party from a mineral property report from the Saskatchewan industry resources website, therefore, it cannot be guaranteed that this information is, in fact, accurate and can be accessed by going to www.ir.gov.sk.ca (click) department data bases, (click) mineral resource data bases, (click) Saskatchewan mineral deposit index, (click) search the mineral deposit index, (enter) 0663 in smdi field and (enter) George Lake in location field and (press) submit. (http://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/Default.asp?ID=0663) There is no guarantee that drilling or further exploration will produce any economic benefit to the company or the shareholders of the company. Safe Harbor Statement under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. Copyright (C) 2003 Business Wire. All rights reserved. SOURCE: Casavant Mining Kimberlite International Casavant Mining Kimberlite International Diamonds Hotline Melvin O'Neil, 306-752-3755 Toll free in U.S./Canada: 877-752-3755 Fax: 306-752-3754 E-mail: ipr@sasktel.net
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Post by sandi66 on Sept 14, 2010 7:25:47 GMT -5
Casavant Mining Kimberlite International Announces Corporate Web Site - BusinessWire LAS VEGAS, Sep 22, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) is pleased to announce that a new corporate Web site for the company is now up and running. The new Web site can be seen by going to www.casavantmining.com. All the latest news releases, recent developments and pictures of the area will be updated regularly. If there is any problem accessing the site or shareholders have any questions regarding Casavant Mining Kimberlite International, please feel free to contact Melvin O'Neil at the number provided below. Safe Harbor Statement under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. SOURCE: Casavant Mining Kimberlite International Casavant Mining Kimberlite International Diamonds Hotline: Melvin O'Neil, 306-752-3755 Toll free in U.S./Canada: 877-752-3755 Fax: 306-752-3754 ipr@sasktel.net www.businesswire.comToday's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2003 Business Wire. All rights reserved.
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Post by sandi66 on Sept 14, 2010 7:26:39 GMT -5
Casavant Mining Kimberlite International Announces Approximately 172,970 Acres Of Claims Added In Fort a la Corne - BusinessWire LAS VEGAS, Sep 24, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (OTC pink sheets: CMKM) is pleased to announce that the Company has successfully negotiated, an approximate, 172,970 acres of claims in Fort a la Corne, in addition to the claims already held by the Company. The Company has completed this acquisition to further establish Casavant Mining Kimberlite International as a major player in the exploration of diamonds in Canada and in Fort a la Corne, in particular. The new claims are blocks, which are strategically located around claims, held by other operators with some of the largest known diamondiferous kimberlite in the world. Casavant Mining is also increasing the original contract with Durama Enterprises Ltd., from $3,000,000 to $3,900,000, for their exploration and drilling contract which was previously awarded to them. The $900,000, of additional funding available, and incentive program of grants, from the government, will allow the Company to remain steadfast in their goals to develop the properties. Durama Enterprises Ltd. is expected to expand their workforce within the next few weeks to accommodate for the accelerated schedule planned. 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 Statement under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. SOURCE: Casavant Mining Kimberlite International Casavant Mining Kimberlite International Diamonds Hotline: Melvin O'Neil, 306-752-3755 Toll free in U.S./Canada: 877-752-3755 Fax: 306-752-3754 ipr@sasktel.net www.businesswire.com
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Post by sandi66 on Sept 14, 2010 7:28:35 GMT -5
Casavant Mining Kimberlite International Announces Retirement of 6 Billion CMKM Shares of Stock - PR Newswire
LAS VEGAS, Sep 30, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company is Retiring Six Billion Shares of CMKM Stock to the Treasury. This stock is being retired from corporate insiders. All certificates retired will be announced later this week.
This decision to retire CMKM stock was made by the Board of Directors of Casavant Mining International in an effort to create greater value to its shareholders. "This retirement of shares in no way effects the 2 for 1 stock split of CMKM stock for shareholders of record as of September 12, 2003," stated Urban Casavant, President of CMKI.
Drilling Update
Durama Enterprises, Ltd. has made tremendous progress in its efforts to begin drilling for Diamonds in the Forte a la Corne, Saskatchewan diamond fields. They have narrowed their efforts down to two key targets that have the most potential for finding Diamondiferous Kimberlite, and have increased their crews to drill both sites simultaneously.
Updates on Drilling efforts will be released as they are completed.
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 Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements 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 and the ability of the company to manage its operations.
SOURCE Casavant Mining Kimberlite International
Melvin O'Neil of Casavant Mining Kimberlite International, Diamonds Hotline, +1-306-752-3755, or 877-752-3755, or fax, +1-306-752-3754, or ipr@sasktel.net (CMKM)
Copyright (C) 2003 PR Newswire. All rights reserved
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Post by sandi66 on Sept 14, 2010 7:29:32 GMT -5
Casavant Mining Kimberlite International Clarifies Record Date for CMKM 2 for 1 Stock Split - PR Newswire
LAS VEGAS, Oct 3, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) would like to clarify that the record date for the 2-1 forward stock split was September 12, 2003. This means that all shareholders who held CMKM stock through close of market Friday, September 12, 2003 receive one additional CMKM share of stock for every share held through September 12, 2003. Stock was to be paid into stockholders accounts after September 29, 2003.
Casavant Mining Kimberlite International has received several calls from shareholders that brokers are only crediting their accounts for shares of CMKM stock that they had in their accounts as of September 29, 2003. This is not correct. Thus many shareholders are deficient shares owed to them. Shares of stock for the 2 for 1 stock split should be paid for shares held through the close of business September 12, 2003.
If you have questions regarding deficient shares in your account please contact your broker to correct the situation.
CMKI is also planning to retire more shares of CMKM stock and will announce the total amount retired and the certificates next week.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements 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 and the ability of the company to manage its operations.
SOURCE Casavant Mining Kimberlite International
Casavant Mining Kimberlite International, Diamonds Hotline, Melvin O'Neil, +1-306-752-3755, or 1-877-752-3755, or fax, +1-306-752-3754, or ipr@sasktel.net (CMKM)
Copyright (C) 2003 PR Newswire. All rights reserved.
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Post by sandi66 on Sept 14, 2010 7:30:25 GMT -5
Casavant Mining Kimberlite International Announces Retirement of 9,020,371,427 CMKM Shares of Stock - PR Newswire
LAS VEGAS, Oct 10, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of 9,020,371,427 shares of CMKM stock. This retirement of stock was approved unanimously by the board of directors to create greater value to its shareholders by reducing the amount of shares issued by the company. The company plans to retire all shares of stock back to the treasury.
"We are moving closer to achieving our goal of drilling for diamonds and plan to retire another large block of CMKM shares within the next two weeks," stated Urban Casavant, President of Casavant Mining Kimberlite International.
Updates on Drilling efforts will be released as they are completed.
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 Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements 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 and the ability of the company to manage its operations.
SOURCE Casavant Mining Kimberlite International
Helen Bagley of 1st Global Stock Transfer, LLC, +1-702-656-4919 or hb1stqlobal@aol.com, for Casavant Mining Kimberlite International; or Melvin O'Neil of Casavant Mining Kimberlite International, Diamonds Hotline, +1-306-752-3755 or +1-877-752-3755, fax, +1-306-752-3754, or ipr@sasktel.net (CMKM)
Copyright (C) 2003 PR Newswire. All rights reserved.
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Post by sandi66 on Sept 14, 2010 7:31:12 GMT -5
10/20/2003- Retirement of Another 4.4 Billion CMKM « Thread Started on 1/29/05 at 0:46 »
-------------------------------------------------------------------------------- Casavant Mining Kimberlite International Announces Retirement of Another 4.4 Billion Shares for a Total of 13,420,371,427 CMKM Shares of Stock to Date - PR Newswire
LAS VEGAS, Oct 20, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of another 4.4 billion shares for a total 13,420,371,427 shares of CMKM stock to date. This retirement of stock was approved unanimously by the board of directors to create greater value to its shareholders by reducing the amount of shares issued by the company. The company plans to retire all shares of stock back to the treasury. As soon as all dividend shares have been accounted for by the DTC from the CMKM stock split, the total amount of shares issued minus shares retired will be announced.
The company has selected five drill targets for the exploration of diamonds in the Forte a la Corne, Saskatchewan area of which two targets will be drilled simultaneously. On October 9, 2003 another diamond exploration company Shore Gold Inc in the Forte a la Corne area announced that their drill shaft had reached the upper most Kimberlite horizon after passing through 89 meters of overburden and after reaching a target depth of 250 meters and hoped to have about 5,000 tons of Kimberlite. Casavant Mining Kimberlite International hopes to have similar findings as Shore Gold Inc.
Updates on Drilling efforts will be released as they are completed.
There is no guarantee that further exploration or drilling will produce any Kimberlite findings or economic benefit to the company or the shareholders of the company.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements 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 and the ability of the company to manage its operations.
CONTACT: Melvin O'Neil, +1-306-752-3755, or +1-877-752-3755, or fax, +1-306-752-3754, or ipr@sasktel.net, for Casavant Mining Kimberlite International, Diamonds Hotline; or Helen Bagley of 1st Global Stock Transfer, LLC, +1-702-656-4919, or hb1stqlobal@aol.com, for Casavant Mining Kimberlite International.
SOURCE Casavant Mining Kimberlite International
Melvin O'Neil, +1-306-752-3755, or +1-877-752-3755, or fax, +1-306-752-3754, or ipr@sasktel.net, for Casavant Mining Kimberlite International, Diamonds Hotline; or Helen Bagley of 1st Global Stock Transfer, LLC, +1-702-656-4919, or hb1stqlobal@aol.com, for Casavant Mining Kimberlite International (CMKM)
Copyright (C) 2003 PR Newswire. All rights reserved.
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Post by sandi66 on Sept 14, 2010 7:31:57 GMT -5
Temporary Drilling Delay at Fort a la Corne for Casavant Mining Kimberlite International - BusinessWire LAS VEGAS, Oct 30, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) regrets to inform its shareholders that the company's exploration efforts in Fort a la Corne have been temporarily set back in their schedule for electro magnetic surveying and the drilling which was to commence late last week. The delay is from unexpected magnetic storms caused by "sunspots" or explosions on the sun, as reported by numerous sources recently on the news and Internet. Scientists observed the biggest explosion in 30 years on Tuesday, which produced a particle cloud 13 times larger than Earth and hurtled through the solar system at more than 1 million miles per hour. The geomagnetic storm is expected to disrupt communication satellites, television transmissions, GPS navigation and possibly the flow of electricity in some areas. The company made a decision to suspend the electro magnetic surveying necessary after receiving notification from Durama Enterprises Limited that space weather forecasters warned of the possibility of a solar storm last week. The exploration contractor was completing GPS navigation and the last of a series of surveys, prior to drilling the sites already chosen for core sampling, before the interruption. The delay was necessary for the company given the circumstances to achieve the best possible results without interference or faulty readings. The pause in field work will give the exploration contractor time to compile and analyze data gathered, to date, and plan additional magnetic surveys to be done. When a more definitive timeline has been established, it will be announced. Casavant Mining Kimberlite International has retained an additional independent geophysical consulting firm to assist in data analysis and interpretation. This firm has many years of experience in diamond exploration in Saskatchewan. There is no guarantee that drilling or further exploration will produce any economic benefit to the company or the shareholders of the company. Safe Harbor Statement Under the Private Securities Litigation Reform Act 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 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 and the ability of the company to manage its operations. SOURCE: Casavant Mining Kimberlite International Casavant Mining Kimberlite International Diamonds Hotline: Melvin O'Neil, 306-752-3755 Toll-free in U.S./Canada: 877-752-3755 Fax: 306-752-3754 ipr@sasktel.net Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com. Copyright (C) 2003 Business Wire. All rights reserved.
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