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Post by EWe2667613 on Nov 6, 2004 14:05:09 GMT -5
9/18/2003 Casavant Mining Kimberlite International Announces $900,000 Funding from Three Diamond Exploration Companies LAS VEGAS--(BUSINESS WIRE)--Sept. 18, 2003 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. 9/19/2003 Casavant Mining Kimberlite International X Dividend Date September 19, 2003 For Zinc Spin-Out LAS VEGAS--(BUSINESS WIRE)--Sept. 19, 2003 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=0 663) There is no guarantee that drilling or further exploration will produce any economic benefit to the company or the shareholders of the company 9/19/2003 Casavant Mining Kimberlite International Enters Into Joint Venture Agreement For Development Of Mineral Claims LAS VEGAS--(BUSINESS WIRE)--Sept. 19, 2003 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. 9/22/2003 Casavant Mining Kimberlite International Announces Corporate Web Site LAS VEGAS--(BUSINESS WIRE)--Sept. 22, 2003 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. 9/24/2003 Casavant Mining Kimberlite International Announces Approximately 172,970 Acres Of Claims Added In Fort a la Corne LAS VEGAS--(BUSINESS WIRE)--Sept. 24, 2003 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.
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Post by EWe2667613 on Nov 6, 2004 14:05:38 GMT -5
9/30/2003 Casavant Mining Kimberlite International Announces Retirement of 6 Billion CMKM Shares of Stock 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. 10/3/2003 Casavant Mining Kimberlite International Clarifies Record Date for CMKM 2 for 1 Stock Split 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. 10/10/2003 Casavant Mining Kimberlite International Announces Retirement of 9,020,371,427 CMKM Shares of Stock 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. 10/20/2003 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 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. 10/30/2003 Temporary Drilling Delay at Fort a la Corne for Casavant Mining Kimberlite International LAS VEGAS--(BUSINESS WIRE)--Oct. 30, 2003 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. 11/6/2003 Casavant Mining Kimberlite International Announces Update of Magnetic Work for Drilling and Retires over 20 Billion Shares of CMKM Stock to Date LAS VEGAS, Nov 6, 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 6.7 billion shares for a total of over 20 Billion 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. The company before the interruption from sun flares has commenced to complete magnetic work for drilling. When all magnetic work data is fully analyzed additional drill targets will be selected and drilling for diamonds will commence immediately. Urban Casavant, President of Casavant Mining Kimberlite International, stated, "We are very excited to begin the drilling process and have also retained other experts in the field to facilitate this process who have several years experience in the Fort a la Corne area." Casavant Mining Kimberlite International is also in negotiation's with another Canadian Public Diamond Exploration Company to joint venture together with a select group of CMKM diamond claims and invest over $1,000,000 with the company. Further details will be announced shortly on this subject. Updates on Drilling efforts will be released as they are completed. Updated map on land positioning for claims of CMKM is located at: www.casavantmining.com.
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Post by EWe2667613 on Nov 6, 2004 14:06:53 GMT -5
11/7/2003 Casavant Mining Kimberlite International Successfully Negotiates Closure Of Diamond Claims in Potentially New Diamond Discovery Area LAS VEGAS, Nov 07, 2003 /PRNewswire-FirstCall via Comtex/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has negotiated for approximately 70,000 acres of Diamond Claims in the Green Lake Area in the province of Saskatchewan which is located approximately 120 miles northwest of Forte a la Corne. The company on the recommendation of highly renowned Exploration Geologist Dr. Mark Hutchinson has negotiated for claims in the prestigious Green Lake Area. "This area has all the signatures for a potential Kimberlite find," stated Dr. Hutchinson. "It is generally understood that Forte a la Corne contains some of the world's largest Kimberlite bodies, many of which are significantly diamondiferous," said Hutchinson. CMKM is now in a strengthened position in the ability to obtain Kimberlites, which are expected to be unusual and interesting by negotiating for these new claims. The terms of the agreement with a private Saskatchewan company are for CMKM to own 90% and the private company to own 10% of the claims, which CMKM has first right of refusal to negotiate the remaining 10%. CMKM plans to do all diamond exploration on the claims. Urban Casavant, President of CMKM stated, "We intend to apply for permits to drill through the ice for Kimberlite when Green Lake has frozen to appropriate thickness. This target has a very high potential for the company." Updates on Drilling efforts will be released as they are completed. 11/10/2003 Casavant Mining Kimberlite International Successfully Claim Stakes Additional Land for Diamond Exploration LAS VEGAS, Nov 10, 2003 /PRNewswire-FirstCall via Comtex/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has successfully claim staked an additional 30,000 acres of Diamond claims in the prestigious Green Lake Area in the province of Saskatchewan which is located approximately 120 miles northwest of Forte a la Corne. The company on the recommendation of highly renowned Exploration Geologist Dr. Mark Hutchinson staked for these extra claims in the prestigious Green Lake Area. CMKM also plans to claim additional land in the Saskatchewan area that looks very favorable for Diamond exploration. Size of the land claims will be announced at a later date. Urban Casavant, president of CMKM stated, "We feel fortunate that this land was available to claim stake and feel hopeful that the new land claims can produce dividends for the company in the future." Updates on Drilling efforts will be released as they are completed. 11/11/2003 Casavant Mining Kimberlite International Successfully Claim Stakes Approximately 100,000 Acres of Land for Diamond Exploration LAS VEGAS, Nov 11, 2003 /PRNewswire-FirstCall via Comtex/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has successfully claim staked an additional 30,000 acres of Diamond claims for a total of approximately 100,000 acres in the prestigious Green Lake Area in the province of Saskatchewan which is located approximately 120 miles northwest of Forte a la Corne. The company on the recommendation of highly renowned Exploration Geologist Dr. Mark Hutchinson staked for these extra claims in the prestigious Green Lake Area. CMKM also plans to claim additional land in the Saskatchewan area that looks very favorable for Diamond exploration. Size of the land claims will be announced at a later date. Urban Casavant, president of CMKM stated, "We feel fortunate that this land was available to claim stake and feel hopeful that the new land claims can produce dividends for the company in the future." Updates on Drilling efforts will be released as they are completed. 11/13/2003 Casavant Mining Kimberlite International Begins Excavation Process For Kimberlite Indicators in Green Lake Area LAS VEGAS, Nov 13, 2003 /PRNewswire-FirstCall via Comtex/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that Exploration Geologist Dr. Mark Hutchinson and Crew commenced yesterday in an aggressive excavation process for Kimberlite Indicators and will be working continuously until December 10, 2003 in preparation for the winter drill program. Updates on Drilling efforts will be released as they are completed. 11/17/2003 Casavant Mining Kimberlite International Continues Excavation Work and Plans to be Drilling in Forte a la Corne Shortly LAS VEGAS, Nov 17, 2003 /PRNewswire-FirstCall via Comtex/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has begun excavation work for mining kimberlite indicators in the Green Lake Area in the province of Saskatchewan which is located approximately 120 miles northwest of Forte a la Corne. Updates on Drilling efforts will be released as they are completed. 11/20/2003 Casavant Mining Kimberlite International Gives Update of Public Diamond Exploration Working Partners LAS VEGAS, Nov 20, 2003 /PRNewswire-FirstCall via Comtex/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has completed all previous mentioned contracts with public Diamond Exploration companies. The three companies contracts that were consummated are: Consolidated Pine Channel Gold (CDNX-KPG-V), Shane Resources (CDNX-SEI-V), and United Carina Resources (CDNX-UCA-V). The agreement is that these companies now have the right to acquire an undivided 10% interest each in 82 prospective claims held by CMKM in consideration for $900,000 in funding. Funding is expected to begin on or before December 31, 2003. CMKM is also negotiating with three other public companies to further expand and enhance new drill targets in the Forte a la Corne area. Details of new agreements will be announced shortly. Updates on Drilling efforts will be released as they are completed. Updated map on land positioning for claims of CMKM is located at: www.casavantmining.com.
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Post by EWe2667613 on Nov 6, 2004 14:07:21 GMT -5
12/8/2003 Casavant Mining Kimberlite International Announces that Spin-Out Company CMI To Go Public Within Two Weeks LAS VEGAS, Dec 08, 2003 /PRNewswire-FirstCall via Comtex/ -- On August 22, 2003 Casavant Mining Kimberlite International Board of Directors announced the approval of the spin-out of corporate zinc deposits at George Lake, Saskatchewan, its wholly owned subsidiary Casavant Mining International, Inc. (CMI). CMKM shareholders received a dividend of one share of CMI stock for every share of CMKM stock on October 3, 2003.
Casavant Mining International, Inc. (CMI) is currently private but plans to go public within two weeks. Details of company going public will be announced shortly.
Updates on drilling progress will also be announced shortly. 12/17/2003 Casavant Mining Kimberlite International Announces That the Company Has Officially Retired 16.5 Billion Shares Back to the Treasury LAS VEGAS, Dec 17, 2003 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has officially retired 16,520,477,200 shares of CMKM stock back to the Treasury.
Urban Casavant, President of CMKM stated, "This is a huge step to create greater shareholder value by reducing the amount of shares issued of CMKM by over 16.5 billion shares. We also plan to retire more shares back to the treasury as soon as all necessary paper work is completed."
Casavant Mining International, Inc. (CMI) is currently private but will announce its plan to go public by Friday, December 19, 2003. 12/18/2003 Casavant Mining Kimberlite International Announces That Targets Have Been Selected to Commence Drilling on Green Lake and Forte a la Corne Las Vegas, Dec 18, 2003 /PRNewswire via COMTEX/ -- Casavant Mining Kimberlite International announced today that the company has selected targets to commence drilling. The first target will be to drill through the ice on Green Lake in the province of Saskatchewan. The company has also selected 4 targets out of 36 in the Forte a la Corne Area.
Urban Casavant President of CMKM stated, "These targets for drilling have been selected after analyzing all of the data and we feel that they have the highest potential for finding Kimberlite bodies. We know that many Kimberlite bodies found in Forte a la Corne have turned out to be diamondiferous, and this is our goal for CMKM."
The company is filing for drill permits in both areas. Drilling will commence once permits are approved and the ice is thick enough on Green Lake to support drilling. 12/19/2003 Casavant International Mining, Inc. Announces Spin-Out LAS VEGAS, Dec 19, 2003 /PRNewswire via COMTEX/ -- On December 19, 2003 Casavant Mining Kimberlite International (Pink Sheets: CMKM) Board of Directors announces that the feasibility of a spin out of corporate zinc deposits at George Lake, Saskatchewan, currently held in its wholly owned subsidiary Casavant International Mining, Inc. (CIM), is being undertaken with a representative of Mirador Corporation (Pink Sheets: MRDR). This is subject to due diligence which is currently being undertaken by representatives from each company: CMKM, CIM and MRDR as to the feasibility of this share exchange.
The spin-out, in principle, has been approved by CMKM as announced by CMKM on December 8, 2003. If a CIM/MRDR exchange is approved, CIM will become a wholly owned subsidiary of MRDR which will undergo a name-change, an increase in authorized share capital, and new Board of Directors. The shareholders of CIM would each receive a share in MRDR in exchange for their shares in CIM. The effective exchange date is anticipated to be January 15, 2004.
Should the CIM/MRDR exchange fail to pass due diligence then an alternative exchange will be undertaken with a different suitor to achieve the same result for the CIM shareholders. 12/29/2003 Casavant Mining Kimberlite International Announces Negotiation With Two Public Companies for Buyout of Mining Claims LAS VEGAS, Dec 29, 2003 /PRNewswire via COMTEX/ -- Casavant Mining Kimberlite International announced today that the company is evaluating two offers from public companies for a partial buyout of selected mining claims.
Urban Casavant President of CMKM, stated, "We are negotiating with two public companies who would like to buy sizable portions of our mining claims. Obviously they see substantial value in our claims. We will announce our decision of a buyout and the terms by the end of January 2004. Our goal is to make the best decision which will benefit our shareholders."
This buyout in no way affects our plans to drill on claims in the Green Lake area or Forte a la Corne. Permits for both targets have been filed and the company is waiting for approval to drill. 1/5/2004 Casavant Mining Kimberlite International Announces Green Lake Target Drill Ready LAS VEGAS, Jan 05, 2004 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International announced today that the Green Lake drill target is now suitable for drilling. Urban Casavant, President of CMKM, stated, "The weather in the Green Lake area has become extremely cold over the last several weeks and the ice on the lake has thickened considerably. The ice is now suitable to support drill rigs for drilling through the ice in an attempt to locate Kimberlite Bodies."
CMKM plans to drill as soon as the permit for the area is approved. The company has selected Green Lake as their primary target to begin drilling. The reason for selecting this target is that company geologists suspect a high probability of a Kimberlite Body under Green Lake. All indicators confirm these preliminary findings. 1/9/2004 Casavant Mining Kimberlite International Announces Retirement of 1.8 Billion Shares LAS VEGAS, Jan 09, 2004 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of an additional 1.8 billion shares of CMKM stock. The company plans to retire these shares of stock back to the treasury to create greater shareholder value. The company also plans to wrap of negotiations of buy out of some mining claims and announce details of transaction by the end of the month.
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Post by EWe2667613 on Nov 6, 2004 14:07:53 GMT -5
1/15/2004 Casavant Mining Kimberlite International Announces MRDR Share Exchange And Spin Out of CIM Subsidiary Approved LAS VEGAS, Jan 15, 2004 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International, Las Vegas, (Pink Sheets: CMKM) is pleased to announce that:
The Board of Directors of CMKM announced today that the CIM/ MRDR exchange has been approved in principle by both companies. All CIM/MRDR shareholders of record of January 30, 2004 will be eligible for the share exchange, more details will follow shortly.
The Board of Directors consider that the spin-out of Casavant International Mining 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 Fort a la Corne, Saskatchewan claims it currently holds, while the new MRDR /CIM Company will be able to focus on the zinc claims. 1/21/2004 Casavant Mining Kimberlite International Announces Purchase of Drill Rigg, Accessories, Extra Equipment for Drilling LAS VEGAS, Jan 21, 2004 /PRNewswire-FirstCall via COMTEX/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has purchased its own Drill Rigg and all equipment necessary to drill for diamonds. The company has also purchased secure warehouse facilities and living quarters for company drillers to work around the clock. In addition Security Fencing has been ordered for the protection of the facilities.
Urban Casavant President of CMKM stated, "Now that we have purchased our own Drill Rigg, the company is in a position to drill numerous holes at a reduced cost. This gives us a tremendous advantage in speeding the process of finding diamonds. We are excited to finally move forward with the drilling process, and now have our own drilling facilities to support the program and secure our core drillings for lab analysis."
Drill equipment is being immobilized immediately to facilities in preparation for drilling first target. The company approximates drill permits to be approved by the end of the month and drilling to commence. 1/27/2004 Casavant Mining Kimberlite International Announces Application for Name Change and New CUSIP Number LAS VEGAS--(BUSINESS WIRE)--Jan. 27, 2004 Urban Casavant is pleased to announce that Casavant Mining Kimberlite International (Pink Sheets:CMKM) will have a name change and a new CUSIP number to reflect the recent steps taken by the company to move forward.
The Company's name change and new CUSIP shall take effect sometime this week and shall be announced shortly after. The Company also announces a recall on all outstanding stock certificates since it has inaugurated actions to change the name and CUSIP number for its common stock and is notifying the Depository Trust Company as to the effective date of the change. Shareholders will be required to obtain new certificates before being able to trade shares represented by their old certificates by close of the market on March 08, 2004. New stock certificates will only be issued upon the surrender of valid hard copy outstanding stock certificates to 1st Global Transfer LLC. All communications relating to shareholder matters, such as transfer of shares, stock transfer requirements, missing stock certificates and changes of address, should be directed to 1st Global Stock Transfer LLC, at the following address and telephone number:
Attention - Helen Bagley 7341 W. Charleston Blvd.-Suite 130 Las Vegas, Nevada 89117 Telephone Number (702) 656-4919 Fax Number (702) 304-0634
The name change and new CUSIP number comes after approval from the Board of Directors in light of the new year and goals set by the Company to further restructure and consolidate the operations already in motion for 2004. With spring approaching the Company is looking forward to beginning the extensive drill program already planned after the recent purchase of equipment. Shareholders shall be notified of details and upcoming developments as soon as information is available.
There is no guarantee that drilling will produce any economic benefit to the company or the shareholders of the company. 1/28/2004 Casavant International Mining, Inc. Announces Short Delay for Final Approval of MRDR/CIM Share Exchange LAS VEGAS, Jan 28, 2004 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announces a short delay on share exchange between CIM (Casavant International Mining) a wholly owned subsidiary of CMKM and MRDR (Mirador) which was originally set for completion on January 30, 2004.
At this time the company (CMKM) is proceeding with the completion of a name change and a new CUSIP number. The name change and new CUSIP need to be completed before the MRDR/CIM share exchange can be finalized. Casavant Mining would like to apologize for the delay of the share exchange, but assures shareholders that it plans to complete the merger.
Updates on Drilling will be announced shortly. 1/28/2004 /C O R R E C T I O N -- Casavant Mining Kimberlite International/ Jan 28, 2004 /PRNewswire via COMTEX/ -- In the news release, Casavant International Mining, Inc. Announces Short Delay for Final Approval of MRDR/CIM Share Exchange, issued earlier today by Casavant Mining Kimberlite International (Pink Sheets: CMKM) over PR Newswire, we are advised by a representative of the company that the last sentence in paragraph two should read, "Casavant Mining would like to apologize for the delay of the share exchange, but assures its investors that it will be short," rather than, "Casavant Mining would like to apologize for the delay of the share exchange, but assures shareholders that it plans to complete the merger," as originally issued inadvertently.
SOURCE Casavant Mining Kimberlite International
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Post by EWe2667613 on Nov 6, 2004 14:08:29 GMT -5
2/4/2004 Casavant Mining Kimberlite International Announces Delay Set for Name Change and CUSIP Number LAS VEGAS--(BUSINESS WIRE)--Feb. 4, 2004 Casavant Mining Kimberlite International (Pink Sheets:CMKM) announces delay on name change and CUSIP number. Shareholders are requested to not mail in their certificates and wait until further details are available. Although all documents to complete this action for processing are ready at this time but, due to the expense of this transaction for new shares to be exchanged, the transfer agent fees are currently being negotiated to keep the costs down. Any and all questions and concerns can be directed to our Saskatchewan Diamonds Hotline. In addition, If any shareholders have had a change of address please update your information at the transfer agent. Diamonds Hotline: Melvin O'Neil Office Tel.: 306/752-3755 2/13/2004 Casavant Mining Kimberlite International Announces Summary of Drill Program to Commence LAS VEGAS--(BUSINESS WIRE)--Feb. 13, 2004 Casavant Mining Kimberlite International (Pink Sheets: CMKM) announces summary of drill program to commence. Arrangements are complete for transport of the company drilling equipment for the approximate 150-mile trip to the company facilities in Saskatchewan. This will allow speedy setup on preselected priority drill targets for diamond core sampling. The company has four to six months of diamond core sampling already scheduled which will commence shortly after arrival of the drilling equipment. Urban Casavant, president of CMKM, stated: "After many months of preparation and analyzing data, we are now in a position to make the next step; the significance of this turning point is a major accomplishment for the company. The expenses saved on an in-house drilling program will allow for more core sampling than originally expected."
Details of the new name change and CUSIP number will be released soon.
There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company. 2/19/2004 Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million LAS VEGAS--(BUSINESS WIRE)--Feb. 19, 2004 Casavant Mining Kimberlite International (Pink Sheets:CMKM) announces it has successfully obtained additional funding of $1.8 million with a pledge of another $3.2 million upon completion of a feasibility study and core sampling results.
The additional resources gives the Company the opportunity to move operations forward at Fort a la Corne and also at its Green Lake mineral claims. The Board of Directors has approved a simultaneous drill program at both projects, now that sufficient funding is in place. Our initial surface sampling work, completed at Green Lake, have produced results consistent with diamondiferous kimberlite bodies in proximity to the Company mineral claims located there. The diamond core sampling at Fort a la Corne will be accomplished in-house using the Company drilling equipment. An independent contractor will be awarded a contract at Green Lake to assist in an aggressive drill program.
The diamond core sampling will be used to establish geological and structural context of the priority targets already chosen with the objective of preliminary assessment for commercial operations. There is no guarantee that further exploration or drilling will produce any economic benefit to the Company or the shareholders of the Company. 2/19/2004 INSERTING and REPLACING Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million LAS VEGAS--(BUSINESS WIRE)--Feb. 19, 2004 In BW5223 issued Feb. 19, 2004: Insert within the first sentence of the release: "from a longtime individual investor for the company" and "also from the same party"
The corrected release reads: CASAVANT MINING KIMBERLITE INTERNATIONAL OBTAINS FUNDING OF US $1.8 MILLION WITH PLEDGE FOR ADDITIONAL US $3.2 MILLION Casavant Mining Kimberlite International (Pink Sheets:CMKM) announces it has successfully obtained additional funding from a longtime individual investor for the company of $1.8 million with a pledge of another $3.2 million also from the same party upon completion of a feasibility study and core sampling results. The additional resources gives the Company the opportunity to move operations forward at Fort a la Corne and also at its Green Lake mineral claims. The Board of Directors has approved a simultaneous drill program at both projects, now that sufficient funding is in place. Our initial surface sampling work, completed at Green Lake, have produced results consistent with diamondiferous kimberlite bodies in proximity to the Company mineral claims located there. The diamond core sampling at Fort a la Corne will be accomplished in-house using the Company drilling equipment. An independent contractor will be awarded a contract at Green Lake to assist in an aggressive drill program.
The diamond core sampling will be used to establish geological and structural context of the priority targets already chosen with the objective of preliminary assessment for commercial operations. There is no guarantee that further exploration or drilling will produce any economic benefit to the Company or the shareholders of the Company.
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Post by EWe2667613 on Nov 6, 2004 14:08:58 GMT -5
2/25/2004 Casavant Mining Kimberlite International Announces Name Change The board of directors of Casavant Mining Kimberlite International (Pink Sheets: CMKM) is pleased to report that the company has completed its name change. Effective Feb. 5, 2004, the company name is now CMKM Diamonds Inc. Old certificates will continue to be processed in the normal fashion by the company's transfer agent. New certificates and CUSIP number have been ordered. Any and all questions and concerns can be directed to our Saskatchewan Diamonds Hotline. In addition, if any shareholders have had a change of address, please update your information at the transfer agent. 2/26/2004 CMKM Diamonds Inc. Successfully Negotiated Definitive Agreement for Major Airborne Survey CMKM Diamonds Inc. (Pink Sheets:CMKM), formerly Casavant Mining Kimberlite International proudly announces a negotiated Definitive Agreement for a Major Airborne Survey in the Fort a La Corne Canadian kimberlite fields. The Board of directors is pleased to announce they have successfully negotiated and completed a contract with Goldak Airborne Surveys. A tri-axial magnet gradient survey will be conducted over an area of approximately 53,841 km in the Fort a la Corne and surrounding area and is scheduled to commence in approximately 3 weeks. "We plan to work aggressively to make this happen for the shareholders and all the companies involved!" says Chairman Urban Casavant. "We will identify known as well as search for new potential kimberlite pipes within our claims." "This tri-axial magnet gradient survey is the same survey conducted on Kensington Resources Ltd. KRT claims in the Fort a la Corne area producing outstanding known results," continues CEO Casavant. Source: www.Kensington-Resources.com/s/newsarchives.aspKensington Resources Ltd. KRT Press Release 01-21-2004 Six new anomalies with magnetic character indicative of kimberlite bodies in the Fort a La Corne area were identified. Tri-axial gradient data was obtained for all of the Joint Venture land area from the airborne Goldak Tri-Max System run on 150 meter lines and on a 40 meter cell size. The anomalies are located across the length of the known kimberlite trend and in-house specialists at De Beers are modeling the size of these features. The high resolution of this survey will also permit re-definition of many of the historical kimberlite outlines. Due to the overall cost and the magnitude of this survey area to be conducted, financing for the survey will be provided through a joint venture between CMKM Diamonds Inc. and several other Fort a La Corne claim owners whom are publicly U.S. and Canadian Exchange traded companies. CMKM Diamonds Inc. has entered into an agreement between U.S. Canadian Minerals (UCAD) OTC:BB, which holds claims in over 500,000 acres adjoining CMKM Diamonds Inc. claims in the Fort a la Corne area, along with Mr. Rick Walker, company President of Shane Resources (SEI.H) CDNX, Consolidated Pine Channel (KPG) CDNX, and United Carina Resources (UCA) CDNX, to share the cost on this major airborne survey. "This joint venture should prove to be mutually beneficial to all the companies involved," explains CEO and President Rendal Williams of U.S. Canadian Minerals (UCAD) OTC:BB. "Working hand in hand with our neighboring companies in a joint effort of this size will not only save large amounts of expense for each company in exploration stage work but share common ground with technologies and experiences to bring success to all of our shareholders." 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. 3/9/2004 CMKM Diamonds Inc., Formerly Casavant Mining Kimberlite International, Announces New Symbol The board of directors of CMKM Diamonds Inc. (Pink Sheets: CMKM) announces Nasdaq has approved and assigned a new trading symbol to the company. Effective 03-10-04, the new trading symbol for CMKM Diamonds Inc. will be CMKX. 3/15/2004 CMKM Diamonds Inc. Announces That Drilling Has Commenced Two Days Ahead of Schedule in the Fort a la Corne Area CMKM Diamonds Inc. (Pink Sheets:CMKX) announced today that the company has begun drilling on privately owned land in which CMKM Diamonds Inc. owns the mineral rights. Urban Casavant, President of CMKM, stated, "We are pleased to have started our drill program two days ahead of schedule. We have secured funding for an aggressive six month drill program and we are drilling on claims which CMKM Diamonds Inc. owns the mineral rights. Equipment has been mobilized and we are drilling at this moment. We are drilling on targets that have the highest probability of a kimberlite find. We would like to thank our thousands of shareholders for their patience." 3/18/2004 CMKM Diamonds, Inc. Announces Progress on Drilling and Exploration Program CMKM Diamonds, Inc. (Pink Sheets:CMKX) announces exploration and drilling program proceeding as planned. The Company is pleased to announce that drilling on one of the Company's preselected priority targets has reached significant depth, as of the March 17, 2004 update from the drilling supervisor. The completion of our first drill hole is expected to finish today after reaching the target depth. The core samples will be prepared for transport and submitted for analyses at a testing facility nearby for mineral content. After completion of the first drill hole, the drill crew is scheduled to start another core sample on the Company's claims near Smeaton which is located in the northern region of Fort a la Corne area and have the highest probability of a successful target. Live video streaming will not be available due to the remote location, however other media may be provided on the corporate website as soon as next week. Urban Casavant, President, of CMKM Diamonds, Inc. stated, "We would like to thank all the shareholders and investors for their patience and continued support. We are very excited with the progress we are achieving at this point. The Company has purchased its own drilling equipment, begun a drilling program and has successfully negotiated a definitive agreement to continue our aerial surveying in approx. 8 days. In addition, the Board of Directors has approved the purchase of an air pressure drill, which is capable of up to 4 times the work per day, compared to our current equipment, which will allow us to drill the Company's Green Lake claims simultaneously with the Fort a la Corne claims." Goldak Airborne Surveys is expected to commence a tri-axial magnet gradient survey, as reported earlier, in approx. 8 days. This is the same Company and aerial survey that was conducted on claims owned by other successful operators in the Fort a la Corne area and produced outstanding known results. The results reflect the possibility of undiscovered bodies of kimberlite overlooked by previous aerial surveys conducted in the past on claims throughout this area.
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Post by EWe2667613 on Nov 6, 2004 14:09:28 GMT -5
/23/2004 CMKM Diamonds Inc. Announces Drilling Video Footage Now Available on the Company Web Site CMKM Diamonds Inc. (Pink Sheets: CMKX) is pleased to announce video footage of the drilling in the Fort a la Corne area is now available on the company Web site, www.cmkmdiamonds.com. In order to view the video, you will need to have the Macromedia Flash Player 7 installed on your computer. Free downloads for Macromedia are available at www.macromedia.com/software/flash/about. The company will be continually updating the site with new video footage as the drilling progresses in order to keep the shareholders up-to-date and informed. Urban Casavant, president of CMKX, stated, "This first stage of development is a very exciting time for us all. We like to give our shareholders the opportunity to view the drilling firsthand." 3/29/2004 U.S. Canadian Minerals Announces Option LAS VEGAS--(BUSINESS WIRE)--March 29, 2004--U.S. Canadian Minerals Inc. today announced that it has signed an Option Agreement with United Carina Resources Corp., Consolidated Pine Channel Gold Corp., and CMKM Diamonds Inc. U.S. Canadian Minerals has the right to acquire an option to purchase a 25% interest in 27 mineral claims, which are comprised of approximately 22,447 acres. These claims are located in the province of Saskatchewan, Canada and were named the Smeaton Property by the optionor. The property is located in central Saskatchewan north of Fort a la Corne and situated within the boundaries of NTS 73-H-07. The grant of option shall be made in consideration of the total payment of $50,000USD. U.S. Canadian must spend or cause to be spent, an aggregate of $200,000 Cdn. on a program of exploration and development work on the property, on or before March 31, 2005 to complete the purchase. United Carina Resources Corp. shall retain 25% interest; Consolidated Pine Channel Gold Corp. will also retain 25%, and CMKM Diamonds will retain the remainder 25% interest. 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: 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. 3/29/2004 CMKM Diamonds, Inc. Announces Kimberlite Ore Discovery CMKM Diamonds, Inc. (Pink Sheets:CMKX) is pleased to announce kimberlite ore discovery, that joint efforts of CMKM Diamonds, Inc., being the primary operator of the claims, United Carina Resources Corp. (UCA) CDNX, Consolidated Pine Channel Gold Corp. (KPG) CDNX and U.S. Canadian Minerals, Inc. (OTCBB:UCAD) have successfully intersected kimberlite ore at their jointly owned Smeaton property located in Saskatchewan, Canada. Kimberlite ore was intersected at a depth of 410-547 feet and was still being recovered beyond 547 feet, with an anticipated target depth of 1,000 feet at the Smeaton claims, held jointly by the four companies previously mentioned. Senior geologist, Ralph Newson (who is currently overseeing the project) was on-site Sunday afternoon and has confirmed the presence of kimberlite ore through a preliminary analysis of the diamond drill core. Although it is too early for specifics on the mineral content and/or the possibility of diamonds, the preliminary test was very encouraging. The kimberlite pipe is consistent with other diamondiferous kimberlite bodies located in close proximity on a northwest trend in the Smeaton area, located north of Fort a la Corne, Saskatchewan. The new kimberlite discovery will be named, "The Carolyn Pipe," after Urban Casavant's wife and all additional kimberlite discoveries will be named after individuals rather than given a number. Urban Casavant, President, and Corey Klassen, Vice President, at a tele-conference board of directors meeting, mutually and respectfully announced they are pleased to be working with a dedicated team, such as this joint venture, for the project, which we all have common goals and interests. Mr. Casavant stated, "Without everyone involved from our shareholders to United Carina, Consolidated Pine Channel, U.S. Canadian Minerals, Mr. Ralph Newson, Dennis Miller and the drill crew (which have the combined experience of over 100 years and have been working around the clock) and all the others who made this happen, it would have been nearly impossible to achieve such a great accomplishment, such as this. We are looking forward to a long and lasting relationship, to continue our progress forward, and are aggressively pursuing additional drill permits for the next 14 priority drill targets already planned within the upcoming weeks for just the Smeaton area. Thank you for your patience and support." Updated video footage of the kimberlite ore will be available on the Corporate website and/or additional information on kimberlite, visit www.casavantmining.com. 3/30/2004 CMKM Diamonds Inc. Announces 'Carolyn Pipe' at 900+ Feet and Still in Kimberlite CMKM Diamonds Inc. (Pink Sheets: CMKX) is very excited to announce the ongoing drilling progress of the "Carolyn Pipe" is currently well past a depth of 900+ feet and still in kimberlite ore. The company has authorized the drill superintendent Dennis Miller to drill to a 2,000 foot depth. The "Carolyn Pipe" is located on the jointly owned Smeaton property claims in Saskatchewan, Canada, held by CMKM Diamonds Inc., being the primary operator of the claims, United Carina Resources Corp. (CDNX: UCA), Consolidated Pine Channel Gold Corp. (CDNX: KPG) and U.S. Canadian Minerals Inc. (OTCBB: UCAD). Rick Walker, company president of Consolidated Pine Channel Gold Corp., stated, "We are very excited to be working together with CMKX, Urban Casavant, and the other companies on a project of this magnitude. This is a great day and appears to be only the beginning of greater things to come." Rendall Williams, company president of U.S. Canadian Minerals Inc., stated, "It appears we have only scratched the tip of the iceberg here and we are excited to see where the next stage develops." Melvin O'Neil is currently on site video taping, photographing and interviewing the drilling crew, as well as the co-geologist, and will be updating the information on the corporate Web site, www.casavantmining.com.
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Post by EWe2667613 on Nov 6, 2004 14:09:59 GMT -5
5/27/2004 CMKM Diamonds, Inc. Announces Update on Carolyn Pipe and Targets Selected for Drilling on Green Lake Thursday May 27, 9:30 am ET LAS VEGAS--(BUSINESS WIRE)--May 27, 2004--CMKM Diamonds, Inc. (Pink Sheets: CMKX - News) is pleased to announce that the Company has completed the first phase of drilling of the "Carolyn Pipe" in the Fort a la Corne, Saskatchewan area. Five holes were drilled, of which four intersected kimberlite. Drill hole #1 intersected 428 feet of kimberlite. Drill hole #2, north of hole #1, intersected about 246 feet of kimberlite. Drill hole #3, east of hole #1, did not intersect any kimberlite. Drill hole #4, west of hole #1, intersected 206 feet of kimberlite. Drill hole #5, north of #4, hole approx. 226 feet of kimberlite, although there is a 15 foot interval of mudstone in the kimberlite, which may be a layer of sediment laid between two episodes of kimberlitic volcanism. Thinner layers of mudstone in the kimberlite in other holes may also be either blocks or layers of sediment. The kimberlite intervals from holes #1 and #2 have been split and half of the core has been sent to an independent laboratory for microdiamond analysis by total dissolution. The results are expected soon and further work on the "Carolyn Pipe" will depend on those results. The Company would also like to announce an update on the Green Lake claims, which are located in the province of Saskatchewan. The core drilling at the Green Lake claims has been delayed and will not commence, at this time, because of the possible difficulties of drilling the target through the ice. The Green Lake claims were targeted for core drilling prior to the kimberlite find, at the "Carolyn Pipe", but further examination of the drill location indicated swift currents below the surface of the ice which may have caused considerable damage to the drill equipment. It had been determined that drilling other priority targets would be in the best interest for the drilling program, while further research to achieve a successful core drilling for this target can be attained. Goldak Airborne Surveys of Saskatoon, Saskatchewan, Canada has been contracted, on behalf of CMKM Diamonds, Inc., to perform an airborne gradient survey of approximately 53,000 line kilometers. The survey encompasses the central Fort a la Corne kimberlite cluster and covers the surrounding mineral claims owned by the Company. All required payments, with respect to the contract, have been met and the operation is proceeding, unimpeded. The Goldak Tri-Maxial gradiometer system is able to sharply define and reject cultural anomalies. This type of survey also has the ability to detect non-magnetic kimberlites, and it is believed that some non-magnetic kimberlites may exist in the area. The survey operations, started in early April, and now at the end of May, are over 90% complete. The aerial survey is expected to be finished, flying within the next week and then final data processing will begin. When the data processing is complete, the data will be delivered to the Company geologist for interpretation and selection for follow-up ground surveys to determine drill targets. 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 risks 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 6/3/2004 CMKM Diamonds, Inc. Announces the Cancellation of the MRDR Transaction, Internal Audit and Move to New Transfer Agent Thursday June 3, 9:30 am ET LAS VEGAS--(BUSINESS WIRE)--June 3, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News), The Board of Directors announces that due to the encouraging results in Saskatchewan, the Company has decided to concentrate all its resources on diamond drilling at this time, and therefore has aborted the pending Mirador (MRDR) previously proposed project. Further the Board has notified the present Transfer Agent, 1st Global Stock Transfer to do a full and complete audit of the company and/or will have an independent auditor audit the company and as soon as that audit is complete the Company has retained Pacific Stock Transfer, Inc., to become the new Transfer Agent for CMKM Diamonds, Inc. 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 risks 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. 6/4/2004 CMKM Diamonds Inc. Announces It is Retaining a Large New York Law Firm to Represent Its Interests Friday June 4, 10:24 am ET LAS VEGAS--(BUSINESS WIRE)--June 4, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) President and Chairman of the Board of Directors Urban Casavant announced that the company has entered into discussions with a large New York securities law firm to represent the company and has paid a retainer to that firm to begin the process of bringing the company into full compliance in order to be fully reporting. The name of the law firm will be announced as soon as that firm confirms that there is no conflict pursuant to its policies and procedures. Casavant and the board of directors stated that, "We are very happy and excited to be associated with a law firm of this caliber and are looking forward their assistance and direction to become fully reporting in as short a time as possible." To view further company updates, you can go to our Web site located at www.casavantmining.com. 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 risks 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.
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Post by EWe2667613 on Nov 6, 2004 14:10:30 GMT -5
6/4/2004 CMKM Diamonds, Inc. Announces It Has Retained D. Roger Glenn, Partner at Edwards & Angell, LLP as Securities Counsel Friday June 4, 11:31 pm ET LAS VEGAS--(BUSINESS WIRE)--June 4, 2004--CMKM Diamonds, Inc., (Pink Sheets:CMKX - News) president and chairman of the Board of Directors, Urban Casavant, announces that the Law Firm of Edwards & Angell has been retained to represent the Company in its desire to become fully reporting once again. Lead counsel for CMKM Diamonds, Inc., D. Roger Glenn, is a partner at the firm and has over 20 years of extensive experience in working with public companies. Mr. Glenn's professional bio can be reviewed at the law firm's website, www.edwardsangell.com/script.php?print=yes&page=attorneys& AttorneyID=39. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. You may also need to remove an extra space in the URL if one exists.) Urban Casavant stated in Las Vegas today that, "hiring Edwards & Angell, LLP, and specifically Mr. Glenn, is the best thing that we could have done for the company and the shareholders. The fact that Mr. Glenn began his illustrious career with the Securities and Exchange Commission is a further feather in the company's hat. We would like to thank all of our shareholders for their patience as we have moved towards this moment and as we move forward from here as a team." 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 risks 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. 6/10/2004 CMKM Diamonds Inc. Announces 'Carolyn Pipe' Lab Results Confirm Diamondiferous Kimberlite Thursday June 10, 6:26 pm ET LAS VEGAS--(BUSINESS WIRE)--June 10, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) is very excited to announce that the "Carolyn Pipe" is confirmed to be diamondiferous. Saskatchewan Research Council (SRC), an independent lab located in Saskatoon, Saskatchewan reported to the company today that the core samples from the "Carolyn Pipe" has come back positive for diamond content. The "Carolyn Pipe" is located on the jointly owned Smeaton property in Saskatchewan, Canada held by CMKM Diamonds Inc., being the primary operator of the claims, United Carina Resources Corp. (CDNX: UCA - News), Consolidated Pine Channel Gold Corp. (CDNX: KPG - News) and U.S. Canadian Minerals Inc. (OTCBB: UCAD - News). www.casavantmining.comThere is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company. 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 Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this 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 have been 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. 6/18/2004 Edwards & Angell, LLP. and CMKM Diamonds Inc. Begin Work Wednesday June 16, 6:54 pm ET LAS VEGAS--(BUSINESS WIRE)--June 16, 2004--CMKM Diamonds Inc.'s (Pink Sheets:CMKX - News) president and chairman of the board of directors, Urban Casavant, announced today that the company has begun working actively with D. Roger Glenn of Edwards & Angell, which it earlier retained, in connection with securities and corporate issues faced by the company. Glenn stated, "We have been retained by the company to resolve the problems it has been facing, and we expect to devote significant efforts immediately toward that goal. The company has advised us that it is dedicated to complying fully with all requirements on it, and we are pleased to act as counsel to it on that basis." 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.
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Post by EWe2667613 on Nov 6, 2004 14:11:56 GMT -5
/24/2004 CMKM Diamonds, Inc. Announces Preliminary Results from Goldak Airborne Magnetic Survey of Saskatoon, Saskatchewan Thursday June 24, 10:39 pm ET LAS VEGAS--(BUSINESS WIRE)--June 24, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) announced today it has just received preliminary results from the airborne magnetic survey recently completed by Goldak Airborne Surveys of Saskatoon, Saskatchewan. The survey was conducted during April, May and June 2004 using Goldak's Navaho aircraft equipped with a trimaxial magnetic gradiometer. By employing this modern, state of the art geophysical equipment and flying a low-level, closely spaced survey, hundreds of magnetic anomalies were able to be identified. Some of these anomalies are obvious drill targets, while others will need further study by the Company's consultants. Urban Casavant, president of the CMKM Diamonds, Inc., stated, "The company is very pleased with the results of the survey. For the first time in the history of diamond exploration in the Fort a' la Corne area, a complete and comprehensive magnetic picture of the whole area is available to the company." The company intends to immediately pursue the most obvious targets by drill testing as soon as permitting and logistics allow. There are now more than enough targets to allow CMKX to drill continuously. On a final note, Urban Casavant stated, "These hundreds of anomalies have been filtered for elimination of farm equipment and steel buildings as a probable cause for such an impressive count of anomalies." 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 6/29/2004 CMKM Diamonds, Inc. Announces New Transfer Agent Tuesday June 29, 9:56 pm ET LAS VEGAS--(BUSINESS WIRE)--June 29, 2004--CMKM Diamonds, Inc., (Pink Sheets:CMKX - News) Announced today that it has engaged a new transfer agent -- Pacific Stock Transfer Company , 500 E Warm Springs Road, Suite 240, Las Vegas, Nv. 89119 phone 702-361-3033. D. Roger Glenn of Edwards & Angell, attorneys for CMKM Diamonds, Inc. said "The Company is proud to announce this relationship with Pacific Stock Transfer .It has a fine reputation as a transfer agent, and the Company is looking forward to working with it in the future. The Company is confident that Pacific Stock Transfer will process transactions in the Company's stock accurately and quickly. To view further company updates, you can go to our website located at www.casavantmining.com. 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 risks 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. 7/8/2004 CMKM Diamonds Inc. Has Re-engaged 1st Global Stock Transfer, LLC. Thursday July 8, 1:45 pm ET LAS VEGAS--(BUSINESS WIRE)--July 8, 2004--CMKM Diamonds Inc. (Pink Sheets:CMKX - News) announces 1st Global Stock Transfer, LLC. has been re-engaged as the company's transfer agent. 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 risks 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. 7/13/2004 De Beers Pleads Guilty in Price-Fix Case Tue Jul 13, 6:02 PM ET By MARK WILLIAMS, AP Business Writer COLUMBUS, Ohio - De Beers pleaded guilty Tuesday in a 10-year-old price-fixing case and agreed to pay a maximum $10 million fine, clearing the way for the diamond giant to resume selling diamonds directly in the lucrative U.S. market. The company admitted conspiring to fix prices in the $500 million industrial diamond market in 1991 and 1992. Industrial diamonds are used to make cutting and polishing tools for a variety of manufacturing and construction equipment. De Beers has sold diamonds in the United States only through intermediaries since shortly after World War II, when it was first charged with price fixing. The company was charged along with General Electric Co. in 1994. A judge dismissed the charges against GE, saying the government had failed to prove its case. U.S. District Judge George Smith accepted the plea in the case, in which the Department of Justice (news - web sites) charged De Beers with keeping prices in the worldwide industrial diamond market artificially high. The case was filed in Columbus because GE's industrial diamond business was based in suburban Worthington. Smith did not order any restitution, saying a separate settlement of a civil case totaling $26 million resolved that issue. He also did not put the company on probation. "The court, however, is not inclined to take upon itself the mantle of becoming a regulatory agency overseeing the worldwide distribution of diamonds," he said. Smith said the company must operate under the regulations of the European Union (news - web sites) and will be subject to the jurisdiction of courts in the United States if it decides to do business directly in the United States. De Beers general counsel Glenn Turner entered the plea on behalf of the company. He declined to make a statement in court but said afterward that De Beers was happy to have the case resolved. Turner said resolution of the case makes De Beers legally compliant in all parts of the world where it operates. He said, however, that the company has no plans to directly enter the U.S. retail market. De Beers has stores in Tokyo and London. "It doesn't make a big difference in the way we do our business," Lynette Hori, spokesman for De Beers in London, said before the hearing. "We operate a selling system to our clients from London and Johannesburg, and we have no plans to change that." "The decision to resolve this matter is consistent with our continuing commitment to creating a new, modern De Beers that is fully prepared to assume its role as a responsible corporate global citizen and to provide leadership at a critical time for the diamond industry," the company said after the hearing. De Beers had sales of $5.5 billion and earnings of $676 million in 2003. The company spends $180 million on advertising. The United States represents half of the worldwide diamond market. Experts value the U.S. market at $30 billion to $35 billion. "The guilty plea reflects the department's persistence in the fight against illegal price fixing," said R. Hewitt Pate, assistant attorney general for the Department of Justice in Washington. "It's good resolution in that De Beers paid damages to victims, pleaded guilty and paid the maximum fine," said Jared Stamell, the attorney who handled the civil case against De Beers. He has a separate class action lawsuit pending in New Jersey against the company by buyers of rough diamonds. The lawsuit claims De Beers is controlling that market. Prosecution of De Beers has been difficult because U.S. officials have no jurisdiction over the company, which is based in South Africa. But the case also has hindered De Beers from doing business in the United States, said antitrust lawyer John Majoras, a partner with the law firm Jones Day in Washington. Corporate officials trying to enter the United States run the risk of being stopped by authorities, he said. "That's a pretty big market to give up and not be actively involved in," he said. On the down side, Majoras said the deal could expose De Beers to more lawsuits from plaintiffs who now think it is easier and less costly to sue the company.
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Post by EWe2667613 on Nov 6, 2004 14:12:25 GMT -5
7/14/2004 CMKM Diamonds Launches National Television Exposure and Awareness Campaign CMKM Diamonds Launches National Television Exposure and Awareness Campaign Wednesday July 14, 5:44 pm ET LAS VEGAS--(BUSINESS WIRE)--July 14, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) will launch the first of 12 nationally televised events tonight on the Outdoor Channel at 6 p.m. PST as part of the "Speed Zone" programming. The "ASA Speed Truck Challenge ... presented by ... CMKXtreme.com" will broadcast race one of six races for the Southwestern truck racing series to a national audience and Canada on the Outdoor Channel tonight at 6 p.m. PST followed with a repeat broadcast this coming Saturday night, July 17 at 11 p.m. PST. The national exposure and awareness campaign is aimed at the motor sports industry and the remarkable group of enthusiasts it attracts. This group of 75 million fans is brand loyal and spends over $2 billion a year on companies involved in the racing industry and racing-related products and services. The "Prime Time" broadcast will promote the CMKM Diamonds Inc., CMKXtreme.com and ASA Speed Truck Challenge brands to these emotionally charged fans who have desirable demographics and support our sponsors passionately. The national television campaign for CMKX begins tonight and will continue through Dec. 18 with broadcast No. 12 of the "ASA Speed Truck Challenge ... presented by ... CMKXtreme.com." 2004 National Television Broadcast Schedule RACE DATE / RACE TRACK / NETWORK/PROGRAM / BROADCAST DAY-TIME JUNE 26 / MESA MARIN RACEWAY / OUTDOOR-SPEED ZONE / WED., JULY 14 @ 6 p.m. PST ZONE JUNE 26 / MESA MARIN RACEWAY / OUTDOOR-SPEED ZONE / SAT., JULY 17 @ 11 p.m. PST ZONE JULY 10 / IRWINDALE SPEEDWAY/ OUTDOOR-SPEED ZONE / WED., AUG. 18 @ 6 p.m. PST ZONE JULY 10 / IRWINDALE SPEEDWAY/ OUTDOOR-SPEED ZONE / SAT., AUG. 21 @ 11 p.m. PST ZONE JULY 31 / ORANGE SHOW SPEEDWAY/ OUTDOOR-SPEED ZONE / WED., SEPT. 1 @ 6 p.m. PST ZONE JULY 31 / ORANGE SHOW SPEEDWAY/ OUTDOOR-SPEED ZONE / SAT., SEPT. 4 @ 11 p.m. PST ZONE SEPT. 4 / LAS VEGAS MOTOR SPEEDWAY/ OUTDOOR-SPEED ZONE / WED., OCT. 6 @ 6 p.m. PST ZONE SEPT. 4 / LAS VEGAS MOTOR SPEEDWAY/ OUTDOOR-SPEED ZONE / WED., OCT. 9 @ 11 p.m. PST ZONE OCT. 2 / LAS VEGAS MOTOR SPEEDWAY/ OUTDOOR-SPEED ZONE / WED., OCT. 20 @ 6 p.m. PST ZONE OCT. 2 / LAS VEGAS MOTOR SPEEDWAY/ OUTDOOR-SPEED ZONE / WED., OCT. 23 @ 11 p.m. PST ZONE NOV. 13 / LUCAS OIL I-10 SPEEDWAY/ OUTDOOR-SPEED ZONE / WED., DEC. 15 @ 6 p.m. PST ZONE NOV. 13 / LUCAS OIL I-10 SPEEDWAY/ OUTDOOR-SPEED ZONE / WED., DEC. 18 @ 11 p.m. PST ZONE The Outdoor Channel is available to all cable systems in the United States and Canada. It is sometimes carried as a basic cable channel or as a part of the technically advanced digital cable package offered by an increasing number of cable operators. The Outdoor Channel is also available to anyone in the United States and Canada on the Direct TV (channel 606) and Dish Network (channel 153). 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. 7/16/2004 U.S. Canadian Minerals Sets Meeting with Other Saskatchewan Mining Claim Owners in Nevada LAS VEGAS--(BUSINESS WIRE)--July 16, 2004--U.S. Canadian Minerals, Inc. (OTCBB:UCAD - News) announced today that the Company has received word that the preliminary results from the Goldak Airborne Magnetic Survey of Saskatoon, Saskatchewan, has been completed. The survey was conducted during April, May and June 2004 using Goldak's Navaho aircraft equipped with a trimaxial magnetic gradiometer. Goldak's Navaho aircraft equipped with a trimaxial magnetic gradiometer is state of the art geophysical equipment and by flying low-level, hundreds of magnetic anomalies were reported to be identified to the Company. The findings are to be further explored and studied by the Company's consultants. Rendal Williams, president of U.S. Canadian Minerals, Inc., stated, "The Company has entered into a new era of research in the Saskatchewan area. With fellow mining companies sharing information and news being released regularly from Fort a La Corne, we are excited about our meeting with our fly-over partners next week in Las Vegas at the UCAD headquarters." Further details relative to this project, and other potential upcoming projects, will be forthcoming in future press releases and at www.uscanadian.net/. 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.
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Post by EWe2667613 on Nov 6, 2004 14:12:53 GMT -5
7/18/2004 CMKM Diamonds, Inc. Announces Dividend to Shareholders of Record Date and Option Agreement DENVER--(BUSINESS WIRE)--July 18, 2004--CMKM Diamonds, Inc. (Pink Sheets: CMKX - News) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB:UCAD - News) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.
In addition, UCAD has a 1 year option agreement to purchase an additional 10% interest of all mineral claims held by CMKM Diamonds, Inc. for a total of $15 million U.S. dollars payable to CMKM Diamonds, Inc. Mr. Rendall Williams, CEO for UCAD, stated: "Having the opportunity to have worked with the management of CMKM Diamonds, Inc. on the Carolyn Pipe and on the Goldak Airborne surveys, we are looking to move aggressively forward in building shareholder value for both companies."
Urban Casavant, CEO CMKM Diamonds, Inc., stated: "We are looking to move forward as a team in order to create a winning formula for success of bothe companies as well as their shareholders!" More details will be released in future news releases.
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 risks 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. 7/19/2004 CMKM Diamonds, Inc., to invest in Casavant International Mining, Inc. Declares Dividend For Shareholders LAS VEGAS--(BUSINESS WIRE)--July 19, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) has agreed to invest US$1,000,000 in Casavant International Mining referred to as (CIM). CMKM Diamonds,Inc. will receive in return a 10% lifetime royalty on all mineral claims of CIM , specifically including the George Lake Zinc Deposit, (http://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/Default.asp?ID=0663) In addition to the zinc deposit royalty CMKM Diamonds, Inc. will also receive 40 billion shares of CIM stock which CMKM Diamonds, Inc. will distribute pro rata as a dividend to all CMKM shareholders of record on August 31, 2004.
Ron Casavant CEO, and Dave Desormeau Secretary/Treasurer, of Casavant International Mining (CIM) said, "The company plans to utilize these funds to initiate a drill program to re-evaluate the known reserves of the George Lake Zinc Deposit and to establish a course of action for the project. The company also plans to become a publicly-reporting company." More details will be released in future news releases.
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 risks 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. 7/26/2004 CMKM Diamonds Inc. Acquires Additional Interests in Saskatchewan LAS VEGAS--(BUSINESS WIRE)--July 26, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) announced today that it has agreed to acquire a 60%, undivided interest in 500,000 acres of potential Kimberlite mineral property in Saskatchewan, Canada. The property is currently owned by Nevada Minerals Inc., a private company unrelated to CMKM. The property is being developed by a joint venture between Nevada Minerals Inc. and U.S. Canadian Minerals Inc. CMKM will acquire the interest in the property in exchange for 75 billion shares of restricted Rule 144 stock of CMKM. In order to reduce the dilution to CMKM's shareholders as a result of this transaction, Urban Casavant, CMKM's CEO, has agreed to contribute 40 billion shares owned by himself in exchange for an agreement from CMKM stating that Casavant will be paid only if the acquired property actually yields a profit. According to the agreement, Casavant will be paid one-half of the net proceeds from any mining on the property, after paying all associated expenses, up to a maximum aggregate total of US$62 million. CMKM will issue 35 billion new shares of the company to Nevada Minerals Inc. to complete the transaction.
As announced earlier, U.S. Canadian Minerals Inc. recently issued 7.5 million shares of the company's stock to CMKM in exchange for certain mineral rights. Those shares have been issued to CMKM and will be distributed to shareholders of record of CMKM on Aug. 20, 2004. Due to Casavant's share contribution to the property acquisition by CMKM occurring prior to the Aug. 20, 2004, date, Casavant will not receive this or any subsequent dividend.
Casavant stated, "We are delighted to make the acquisition of this property, which is covered by our proprietary Goldak Airbourne surveys. We will be traveling to Saskatchewan in August with executives from U.S. Canadian Minerals Inc. to view the property owned by CMKM with the intent of planning a drilling schedule." The drilling will be performed with Rick Walker and United Carina Resources Corp. (CDNX: UCA - News), Consolidated Pine Channel Gold Corp. (CDNX: KPG - News) and Shane Resources Ltd. (CDNX: SEI - News).
D. Roger Glenn, CMKM's counsel, stated, "I will be traveling to Saskatchewan with the company's management to expand my knowledge of the company and its business in order to facilitate the company becoming fully reporting.
There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company.
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Post by EWe2667613 on Nov 6, 2004 14:13:22 GMT -5
7/27/2004 CMKM Diamonds Inc. Receives First $3,000,000 from UCAD Option LAS VEGAS--(BUSINESS WIRE)--July 27, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) announced today that it has received this day $3,000,000 from U.S. Canadian Minerals Inc. as the first exercise of a purchase option agreed to last week between the parties. Under the agreement reached last week, UCAD has a one-year option agreement to purchase an additional 10% interest of all mineral claims held by CMKM Diamonds Inc. for a total of $15 million U.S. dollars payable to CMKM Diamonds Inc. Urban Casavant, president of CMKX, stated, "We are thrilled that UCAD has begun exercising its option as this frees additional cash for our expanding operations and exploration. As we move toward our meeting in Saskatchewan next week with all parties involved, an action plan will be directed to the future for all." www.casavantmining.comThere is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company. 7/29/2004 CMKM Diamonds Inc. Purchases 25% of Juina Mining LAS VEGAS--(BUSINESS WIRE)--July 29, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) announced today that it has purchased common stock equating to 25% of the outstanding shares of Juina Mining Corp. (Pink Sheets: GEMM - News) for $500,000. In addition, GEMM has issued an option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000. 8/2/2004 CMKM Diamonds Inc. Announces Dividend of Juina Mining Shares LAS VEGAS--(BUSINESS WIRE)--Aug. 2, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) announced today that it has elected to distribute the 95,502,027 shares of Juina Mining Corp. (Pink Sheets: GEMM - News) which were recently purchased by the company as a dividend to its shareholders. The company has chosen Oct. 1, 2004, as the record and distribution date for this latest dividend to its shareholders. In addition, GEMM has issued a 60-day option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000 USD. When exercised, the company has elected to distribute this additional 127,336,036 as a dividend on the same record and distribution date. Urban Casavant, president and CEO of CMKX, stated, "This continues our expansion into known diamond-bearing fields throughout the world. This expansion is an important step as the company continues to seek to provide additional value for its shareholders. We are excited that this addition to our company's holdings will increase our ability to more rapidly move into the active mining and processing of diamonds. Juina has a history of producing large and colored diamonds whose demand is rapidly expanding in the current world market." 8/5/2004 CMKM Diamonds, Inc. Converges on Saskatchewan Drill Target LAS VEGAS--(BUSINESS WIRE)--Aug. 5, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) has received all necessary drilling permits and Surface Exploration Permits to mobilize its drilling equipment to a new site located approximately 5 miles northwest of Kensington-DeBeers Kimberlite 122 and 6 1/2 miles northwest of Shore Gold Inc.'s Star Diamond Project in the Forte a La Corne, Saskatchewan. The drill site partnership includes Shane Resources (SEI.H-)CDNX, United Carina Resources Corp. (UCA.)CDNX, Consolidated Pine Channel Gold Corp. (KPG) CDNX, and U.S. Canadian Minerals, Inc. (OTCBB:UCAD - News). All the partners shall have representation at the drill site at time of drilling. As with all CMKX drill sites, CEO and President Urban Casavant has ordered this drilling project to be video recorded for the CMKX website for viewing to the CMKX shareholders. "The Company feels that this target in the Fort a La Corne area has great potential," states CEO and President Urban Casavant, "not only because of its location on the same northwest trend of Kimberlites in the Fort a La Corne area of Saskatchewan, but also because the target was outlined by a geophysical method known as a Time-Domain Electro Magnetic Survey." This type of survey measures the resistively of the rock. Such surveys have been very helpful in the discovery of kimberlites in the hac de Gras area of Canada, where currently two mines are producing 15% of the world's diamonds. This will be the Company's first such target to be drill tested in the Fort a La Corne area. President Casavant continues, "With an additional 37,800 hectares acquired this week to the over-all land holdings of CMKX in the Saskatchewan area, CMKX is moving rapidly into the expansion of additional equipment and manpower for the rapid discovery work ahead of us." Casavant went on to explain, "With our site target among other exploration discoveries such as Shore Gold's Star Diamond Project in the Forte a La Corne, Saskatchewan area, which recently yielded a 19.71 carat diamond, as well as 33 diamonds larger than one carat, the opportunity for our shareholders continue to expand as we set our sights on the discoveries ahead."
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Post by EWe2667613 on Nov 6, 2004 14:13:51 GMT -5
8/11/2004 CMKXTREME Inc. Offers Customized VISA Pre-Paid Stored Value Card to Their Race Fan Affinity Group and CMKX Diamonds Inc. Shareholders LAS VEGAS--(BUSINESS WIRE)--Aug. 11, 2004--CMKX DIAMONDS Inc. (Pink Sheets: CMKX - News) announced today that it has signed an agreement with CMKXTREME Inc. to offer a VISA Pre-Paid Stored Value card to the CMKX shareholders and race fan affinity group. Urban Casavant, CEO of CMKX, stated: "CMKX is offering this innovative product to their shareholders to once again provide value to their shareholders in new and useful ways. It is rare to be able to provide shareholders and affiliates with a unique benefit whose usefulness can be measured in many ways. We are thrilled to be able to provide this service and product through CMKXTREME to our shareholders, affiliates and race fans alike." As a VISA product, the card can be used at more than 1 million ATM or merchants locations worldwide that display the VISA or Plus logos. The VISA Pre-Paid Stored Value card is neither a credit card nor a debit card and does not require a banking account to be opened when applying. The card is signature based for point-of-sale transactions and PIN based for ATM transactions. The card also carries a zero-liability guarantee that states the cardholder will not be liable for unauthorized use of the card provided notification is given within a reasonable time of the loss or theft of the card. The accounts also have a user ID and password for online access to protect the security of the account. Online access provides cardholders with the ability to view their balance, transactions, and to transfer funds to other CMKXTREME cardholders. Cardholders can also access the same features from a toll-free telephone system. Customer service is provided free 24/7 from the United States. Cardholders can securely add additional funds to their card through a free Web site or through a toll-free telephone system from an existing checking account or credit card. Additional options include payroll deposit, wire, ACH and cash deposits at participating locations. 9/1/2004 6.4-Carat Gem Found in Star Sample 9/01/04, Canadian Mining Journal SASKATCHEWAN – A 6.4-carat white diamond has been unearthed during bulk sampling of the Star diamond project near Prince Albert. The sample yielded eight stones over two carats in weight. Owner SHORE GOLD has recovered more than 1,125 carats during sampling, including a 19.7-carat white stone found in July. The latest six kimberlite batches (of a total of 28 processed) have been mined from the shaft and the Southeast drive developed from the 235-metre shaft station. All of these kimberlite batches have been recovered from within the Early Joli Fou equivalent kimberlite. Results to date have shown that higher diamond grades are associated with the Early Joli Fou equivalent kimberlite than with the Late Joli Fou equivalent kimberlite. The relationships between these two kimberlites types are illustrated in cross sections available on the Shore Gold website: www.ShoreGold.com. To date, some 20,500 tonnes of kimberlite have been extracted from Star as part of the bulk sampling program. 9/2/2004 CMKM Diamonds Inc. Announces $10,000,000 Joint Venture Agreement LAS VEGAS--(BUSINESS WIRE)--Sept. 2, 2004--CMKM Diamonds Inc. (Pink Sheets:CMKX - News) is pleased to announce that the Company has finalized a joint venture agreement where St. George Metals, Inc. (Pink Sheets:SGGM - News) will purchase a 5% unencumbered and absolute interest in any and all mineral claims held by CMKM Diamonds, Inc. in consideration for $10,000,000 US Dollars and two hundred billion (200,000,000,000) restricted shares of SGGM. The Company has received a $2,500,000 payment with three additional payments of $2,500,000 anticipated within the next 30 days.
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