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Thursday, May 18, 2006 8:49:52 AM
HE-5 Resources, Corp. Addresses Shareholders' Concerns
Company Advertisement Appears in Resource World Magazine
May 18, 2006 8:30:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 05/18/06 -- HE-5 Resources, Corp. (OTC: HRRP) today announced that it has not and does not plan to offer and sell securities of the Corporation under Rule 504 of Regulation D. HE-5 is pleased to report that it has sufficient funds to cover the total pre-production expenses, as outlined in the Preliminary Budget for the Overman Property Project and thus does not need to raise additional capital by selling shares of the Corporation under Rule 504 at this time.
HE-5 also announced that a Company Advertisement has been published in the May Edition of Resource World Magazine on Page 3. Resource World Magazine is an investment magazine backed by editors that have a combined experience of more than 75 years in Mining, Oil & Gas, Energy and Exploration. The magazine's goal is to inform new and experienced investors of timely investment opportunities by providing up-to-date insights and perspectives on the resource sector. Resource World targets selected readers (i.e. public and institutional investors, stockbrokers, etc.) and is distributed at all major financial and resource conferences in Canada and the US. It is also available internationally at select newsstands and retail stores. For further information or to order a copy of the Magazine visit: www.resourceworld.com.
About HE-5 Resources, Corp.
HE-5 Resources, Corp. (HE-5) is a growth-oriented and emerging natural resources company. HE-5's mission is to maximize shareholder value by investing in pre-production mining projects, which are undervalued and have proven reserves that will increase the revenue and profit of the Company. HE-5's goal is to establish a vast mineral reserve and resource base with a focus on the following 5 metals: gold, silver, copper, zinc and platinum.
For more information on HE-5 Resources, Corp. please contact CEO Denyse Raynault at Raynault@he-5resourcescorp.com or visit the Corporate website at www.he-5resourcescorp.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact:
HE-5 Resources, Corp.
CEO Denyse Raynault
Ph# (775) 291-6469
E-mail: Raynault@he-5resourcescorp.com
URL: www.he-5resourcescorp.com
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