New Wave Media Inc. announces name change to CA Goldfields, Inc. and Symbol change from NWWV to CAGI effective Tuesday April 8, 2008
TORONTO, April 8 /PRNewswire-FirstCall/ - New Wave Media Inc. (OTC: NWWV.PK) will begin trading under its new name CA Goldfields, Inc. and its new symbol CAGI effective Tuesday, April 8, 2008.
CA Goldfields has the Mineral Exploration Rights Agreement with the current owners of a Nicaraguan property. This property known as 'La Curva' borders the 'Hemco Nicaraguan Concession', which has been a profitable gold producer for years. La Curva has never been exploited commercially but artisan diggings performed by local miners indicate superficial gold deposits in various areas of the property. Existing assay results for the District of Bonanza indicate that 60% of all its land area contains economically exploitable gold reserves.
The property has a terrestrial expansion of approximately 2,000 acres and is located in Bonanza, a mining district that forms part of the world famous Golden Triangle of Nicaragua. The District of Bonanza has been a major contributor to the gold production in Nicaragua.
New Wave currently has 237,000,000 shares outstanding. The transfer agent is Transfer Online of Portland, Oregon. New.
This press release contains 'forward looking' statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and are subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in New Wave Media Inc. reports that will be on file with the US Securities and Exchange Commission.
SOURCE New Wave Media Inc.
Source: PR Newswire (April 8, 2008 - 9:29 AM EDT)
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