Buzz Technologies (BZTG)

[lowe6er]

Buzz Technologies Inc (OTC:BZTG): Lanna and Holding Update

Feb 18, 2009 (M2 PRESSWIRE via COMTEX) -- After visiting the site and the team on site, the company is certain, based on results so far that the grade and quantity will exceed previous estimates.
Proceeds from Buzz Inc's rapidly developing Lanna Project will assist in funding an increased rate of corporate expansion, however shareholders will not be forgotten and Buzz Inc will declare annual cash dividends from mine proceeds, and/or an extraordinary cash dividend if the site is sold.

Directors of Buzz Inc have passed a resolution that sets out a dividend policy for the company.

The Company will in the general course of business pay dividends from;

The Sale of any developed asset, mines or mining sites, the sale of any property Buzz Inc has developed for rental return or resale (not including any sell of the plan projects). The rate at which they are paid will depend on the companys return on investment for the project. Buzz Inc will also pay a proportion of the net earnings from mining and rental returns as dividends.

These modest returns over time should develop Buzz Inc into a must have for investor portfolio's.

Buzz Inc will be meeting with a senior mining executive who has served internationally with major banks and mining companies. Buzz Inc will establish a dedicated mine team to deal with the evaluation, sale and further acquisitions of mining interests.

Bztg shareholders are entitled to 1 Buzz Inc share for each Bztg share held. The share capital of Buzz-Inc is exactly the same as Bztg and the company has stated on numerous occasions there will be no dilution of the share capital.

The company has also remained debt free and has only 1 class of share, no preferred shares, no charges over assets or any other encumbrances. Should a dividend be paid prior to the Hong Kong Listing it will be paid to Buzz Technologies Inc for distribution to BZTG Shareholders.

BZTG holds all shares in Buzz Inc as per the released balance sheet.

CONTACT: Buzz Inc e-mail: [e-mail] Tel: [phone]

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