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Wednesday, November 05, 2008 12:34:19 PM
"In other corporate events, the company acknowledges its shareholders' requests and will shortly be making formal announcements of the pay dates, and other relevant details of each and every previously announced dividend. Those documents and instruments are currently being organized, funded and finalized in concert with the company's transfer agent Heritage Trust."
MonArc (MONA) Andrea SA Peru Mine Filings
BEIJING, Nov. 5 /PRNewswire-FirstCall/ -- Further to the company's MonArc Corporation (MONA) http://www.monacorporation.com/ news announcement on various expansions and growth strategies the company is pleased to provide the following update to its shareholders and followers on the Peru mining pending merger.
The company has completed a set of filing with Pink Sheets including a comprehensive business description on the Peru targeted merger candidate. This is a comprehensive document that describes in easy to understand terms the potential this project may yield to the company.
This document is currently visible from the Pink Sheets home or index page but along with other filings dating from October 28th are not visible under the company's "filing Tab". The company has informed Pink Sheets of this and expects the error to be corrected shortly. The company also intends to post the same document on its web site http://www.monacorporation.com/ shortly.
The management of Mon Arc will be conducting their final review and a physical inspection of the Peru site from Nov 14 to Nov 25th and will report back promptly. The company continues to discuss buy out proposals for its existing operating subsidiary PP365. Since announcing the Peru mining project, the company has also received other unsolicited and somewhat attractive proposals for this project as well which are under consideration.
In other corporate events, the company acknowledges its shareholders' requests and will shortly be making formal announcements of the pay dates, and other relevant details of each and every previously announced dividend. Those documents and instruments are currently being organized, funded and finalized in concert with the company's transfer agent Heritage Trust.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet http://www.pinksheets.com/ filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
CONTACT: For corporate matters contact
DATASOURCE: MonArc Corporation (MONA)
CONTACT: For corporate matters contact
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