KAT Exploration Inc (KATX)

[Biochemist2002]

DD Summary of KATX:
Share Structure Reductions:
2,308,000 shares have been retired since January, 2010

Kat Exploration Inc. would like to inform its investors that it has retired and eliminated 2,000,000,000 shares from its treasury of authorized shares which was originally 3,030,000,000 shares. The new amount of authorized shares is 1,030,000,000 shares.
www.marketwire.com/press-release/Kat-Exploration-Retires-and-Eliminates-2-Billion-Shares-From-Treasury-1101927.htm

KAT Exploration Inc...has made the decision to retire and eliminate an additional 300,000,000 shares from its treasury of authorized shares of which the new amount of authorized shares will be 730,000,000 shares. Both the company and the group of private investors believe that this reduction will further enhance and solidify shareholder confidence with its secondary directions.
www.marketwire.com/press-release/KAT-Exploration-Retires-Additional-300-Million-Shares-Engages-New-Consulting-Group-Dual-1103663.htm

Bob
That is correct, we saw fit to remove approx.. another 8 MILLION shares from the I/O which were restricted stock from within. They were restricted and would have come open at the end of may. Just a goodwill gesture toward investors.

K Stead

Financing:

KAT Exploration has secured funding for up to $5 million. The funding contract GUARANTEES $1 million over the next 6 months and the remaining $4 million to be delivered upon agreements within the contract being achieved over the course of the following 6 months of no specific date. The funding is to provide operational support for Kat for at least the next 5 years. The funding was secured with 50,000,000 restricted shares.

Kat Exploration has retired its previously executed REG-D 504. There are no REG-D 504 offerings, warrants or options in place to date.

www.marketwire.com/press-release/Kat-Exploration-Secures-up-5-Million-Funding-With-50-Million-Restricted-Shares-Retires-1102443.htm

About the Properties:
KAT recently added claims to BOTH Twilite and Handcamp

http://www.marketwire.com/press-release/KAT-Exploration-Secures-Large-Land-Packages-Around-Its-Handcamp-Twi-lite-Properties-1113751.htm
KATX also recently staked 346 new claims of approximately 125sq KM over impressive copper discoveries in the southern portion of the Bonavista peninsula, south of its Lucky properties.
http://www.marketwire.com/press-release/KAT-Exploration-Stakes-Large-Land-Package-Over-Copper-Discoveries-1133269.htm

KAT Exploration has accepted the drill contract tender from Cabo Drilling to initiate a drill program of its Handcamp property in Newfoundland during the second week of May 2010... minimum of 15 holes for a minimum of 1200 meters. However, if drilling results continue to prove successful the number of holes and meters will be extended to determine the significance of the discovery.

KAT Exploration recently announced that it had discovered up to 5840 PPB of gold in soil samples and 31.4 g/t Au in outcrop at the Handcamp gold property. Due to significant gold discoveries thus far, the company decided to stake another 52 claims to the north in the same belt of rock covering several very impressive gold and copper showings extending the overall property to 37sq KM's.

KAT Exploration...exploring options for the company placing itself or selected properties on the Over the Counter Bulletin Board (OTCBB) market...Shareholders can expect updates on this forward movement in the near future.
www.marketwire.com/press-release/KAT-Exploration-Accepts-Drill-Contract-Tender-From-Cabo-Drilling-Drill-15-Holes-1200-1142656.htm

Check out these some of these numbers on Handcamp(g Au/ton): 16.08, 31.38, 82.81, 94.10 158.0



Numbers from the most recent samples from the added Handcamp claims:





Let's not forget about the additional copper find on Lucky AND the fact that it's drawn the interest of a major world class mining company, who could be, oh I don't know, the same "world class mining co." that completely surrounded the property...

MOUNT PEARL, NL--(Marketwire - January 27, 2010) - Kat Exploration Inc. (PINKSHEETS: KATX) has been busy uncovering new copper showings on its 100% wholly owned "Lucky" Property with very impressive malachite and chalcocite discovered in its latest trenching.

The trenching took place within the same horizon where recently discovered copper returned results of up to 2.5% CU strata bound within the more sandy beds of the sediments.

As digging was most difficult in the shattered rock zone, the trench was only excavated to approximately 2 meters with copper throughout the entire trench and continues at depth as the mineralized horizon containing the copper is up to 300 meters in places throughout the property.
Each new copper discovery on the "Lucky" property lends itself to significantly boosting its potential to a higher likelihood of acquiring a JV partner.

In recent months, the area where the "Lucky" property is located has drawn the interest of a major world class mining company and Kat will continue to bring both the North and South "Lucky" properties to their full potential.

www.marketwire.com/press-release/Kat-Exploration-Reports-Additional-Copper-Find-on-Its-Lucky-Property-1107944.htm

The Rusty property has already generated a lot of interest from mining companies and is being offered as a Joint Venture (JV) project (http://www.marketwire.com/press-release/Kat-Exploration-Inc-Announces-Option-Agreement-Purchase-100-Twi-Lite-High-Grade-Gold-1093875.htm)


Colliers property with assays from the surrounding host rock yielded results as high as 23.60% Copper and 236.30 g/t silver.


CEO Ken Stead on recent activity on Rusty Ridge and the Shaylee

Property:
Hi Ken,

I hope all is going well with you and your family.

At the end of March you told me “JV ventures are always welcomed, but the Shaylee property will receive an exploration program later in the year but will get some attention as we move along with the Rusty Ridge project because it is right next to the RR boundaries.” does this mean that you have a JV in the pipeline for Rusty Ridge?

Kind regards,
Rick-UK

-----

Not Necessarily, we have made a few new and unexpected discoveries on the RR [Rusty Ridge] during our last period of sampling so we will continue with a summers program of the same and spend some time on the Shaylee right next door.

Ken

So, should we be getting a Press Release soon on sample results from Rusty Ridge and Shaylee?


Making Money in the Carbon Credit Market :

From the January 19th, 2010 Press Release…
...KAT to seek a dual listing on a major exchange. Along with a US listing, we will now proceed to meet the requirements of gaining a listing on one of the largest Asian Stock Market Exchanges...Along with the new listing, our Consultants will assist in increasing shareholder value by diversifying and adding "Carbon Credit" projects into KAT's portfolio of assets. It is expected that these projects will generate significant amounts of revenue to KAT's bottom line financials. A choice of Carbon Credit projects in Brazil and Sierra Leone are being considered at this time. KAT believes that adding a piece of carbon credit assets to its portfolio will greatly enhance shareholder value…carbon trading is one of the "fastest-growing specialties in financial services"...a market now worth about $30 billion and that could grow to $1 trillion within a decade."
www.marketwire.com/press-release/KAT-Exploration-Retires-Additional-300-Million-Shares-Engages-New-Consulting-Group-Dual-1103663.htm

Regardless of how I personally feel about the whole “climate change” propaganda, mining and energy companies are making a lot of money.

For example:

Thursday, March 18, 2010
Sierra Gold Announces Kiri Tree Purchase for Carbon Credit Program and Shipment of Mining Dredges to Sierra Leone

TORONTO, Canada, Mar 18, 2010 (GlobeNewswire via COMTEX) ----Sierra Gold Corporation (Pink Sheets:SGCP) announced today that it has made its first purchase of 1000 kiri trees for its carbon credit program. These fast growing trees are due to be shipped later this month and preparations are complete for their immediate planting upon arrival at their designated destinations within Sierra Leone...The funds received from the Carbon Credit programs will be utilized by the company to fund further development of its mining and agricultural operations in Sierra Leone. A number of world organizations have established these programs to enable companies to accumulate carbon credits that can be exchanged for money...The trees and equipment provide our company a two pronged approach to create successful future and add to shareholder value." [Does this sound familiar???]
http://www.foxbusiness.com/story/markets/industries/finance/sierra-gold-announces-kiri-tree-purchase-carbon-credit-program-shipment-mining/

Now, look at the company called Bloomberg New Energy Finance. Could this be our new partner in the “carbon credit” industry?

***A quick Google search will show you that Bloomberg’s New Energy Finance is doing a lot of “carbon market” work in Sierra Leone AND Brazil.

Bloomberg New Energy Finance
http://www.newenergyfinance.com/markets/carbon-markets/

Regarding the "independent geologist":

For the past several weeks the company has engaged the assistance of a contracted geologist to compile all property data in order to outline favorable drill targets and to submit all government applications for the approval of mobilizing drill rigs to the site.
www.marketwire.com/press-release/Kat-Exploration-Calls-Tenders-for-Drilling-Operations-on-Its-Handcamp-Gold-Property-1131603.htm

KAT Exploration is pleased to release the results of 1457 soil samples received from Actlabs in Ontario, Canada for Gold and base metal analysis. The results have shown several very impressive anomalies over certain sections of the grid which encompass less than one quarter of the overall property. Soil samples have been digitally plotted by an independent geologist on grid maps that can be viewed at KAT's website www.katexploration.com under the "Handcamp" Property.

www.marketwire.com/press-release/KAT-Exploration-Discovers-up-5840-PPB-Gold-Soil-Samples-314-g-t-Au-Outcrop-Handcamp-1124037.htm

Regarding the alleged "$11" KATX stock:

From: XXXX
To: [e-mail]
Sent: Tuesday, February 02, 2010 6:05 PM
Subject: I bought a few shares

Hello Mr. Stead--

Today I purchased 5,000 shares of KATX upon the recommendation of a friend at work, and I am interested in purchasing more shares. There are many people that I work with that are also interested in purchasing your stock.

Of course the trading graph that I analyzed did not look good, but I decided to take a chance on a speculative stock pick. Can you tell me, please, why it crashed from a year high of $11 a share in May of 2009?

Thank you--
XXXX
Stratford, Connecticut, USA
________________________________________________________________
MR. KEN STEAD'S RESPONSE AS POSTED ON IHUB:

Posted by: Goldinthemtherehills Date: Thursday, February 11, 2010 4:02:03 PM
In reply to: Trading by Faith who wrote msg# 22955 Post # of 32717

I sent Mr. Stead one email and he answered me in a timely manner. I am not going to bother him anymore.

Hi XXXX,
That question has been posed several times over the last few months.
Simply put, We bought a public company"Western Transition" who did a major stock split just before we purchased it.That drove the price of THEIR stock way up to $11 which only left them with a handful of stock and when we purchased the company our stock(Kats) came on at around .50. So the $11 did not have anything to do with our company but somehow it stayed on the charts.
A certain group got their hands on our stock and drove it way below a penny and we had the challenge of building the company from that. However, we've succeeded and think we are on the right road to a great recovery.

Ken Stead