CMKM Diamonds Inc (fka CMKX)

[bluediamonds]

PR: PLANS OF COMPLETE SHARE RETIREMENT!

By: brainunit
24 Jul 2004, 04:44 PM EDT
Msg. 418084 of 418060
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Found crucial Pr 10/20/03 PLANS of complete share retirement!

The company plans to retire all shares of stock back to the treasury

LAS VEGAS, Oct 20, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of another 4.4 billion shares for a total 13,420,371,427 shares of CMKM stock to date. This retirement of stock was approved unanimously by the board of directors to create greater value to its shareholders by reducing the amount of shares issued by the company. The company plans to retire all shares of stock back to the treasury. As soon as all dividend shares have been accounted for by the DTC from the CMKM stock split, the total amount of shares issued minus shares retired will be announced.

http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=418084

Here is the complete PR from MyTrack:

(PR NEWSWIRE) Casavant Mining Kimberlite International Announces Retirement of
Casavant Mining Kimberlite International Announces Retirement of Another 4.4 Bil

LAS VEGAS, Oct. 20 /PRNewswire-FirstCall/ -- Urban Casavant, President of
Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today
that the company has approved the retirement of another 4.4 billion shares for
a total 13,420,371,427 shares of CMKM stock to date. This retirement of stock
was approved unanimously by the board of directors to create greater value to
its shareholders by reducing the amount of shares issued by the company. The
company plans to retire all shares of stock back to the treasury. As soon as
all dividend shares have been accounted for by the DTC from the CMKM stock
split, the total amount of shares issued minus shares retired will be
announced.

The company has selected five drill targets for the exploration of
diamonds in the Forte a la Corne, Saskatchewan area of which two targets will
be drilled simultaneously. On October 9, 2003 another diamond exploration
company Shore Gold Inc in the Forte a la Corne area announced that their drill
shaft had reached the upper most Kimberlite horizon after passing through
89 meters of overburden and after reaching a target depth of 250 meters and
hoped to have about 5,000 tons of Kimberlite. Casavant Mining Kimberlite
International hopes to have similar findings as Shore Gold Inc.
Updates on Drilling efforts will be released as they are completed.
There is no guarantee that further exploration or drilling will produce
any Kimberlite findings or economic benefit to the company or the shareholders
of the company.

Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: The statements, other than the statements of historical facts may be
deemed to contain forward-looking statements with respect to events, the
occurrence of which involves risk and uncertainties, including, without
limitation, demand and competition for the company's products and services,
the availability to the company of adequate financing to support its
anticipated activities, the ability of the company to generate cash flow from
operations and the ability of the company to manage its operations.

CONTACT: Melvin O'Neil, [phone], or [phone], or fax,
[phone], or [e-mail], for Casavant Mining Kimberlite
International, Diamonds Hotline; or Helen Bagley of 1st Global Stock Transfer,
LLC, [phone], or [e-mail], for Casavant Mining Kimberlite
International.

SOURCE Casavant Mining Kimberlite International
-0- 10/20/2003
/CONTACT: Melvin O'Neil, [phone], or [phone], or fax,
[phone], or [e-mail], for Casavant Mining Kimberlite
International, Diamonds Hotline; or Helen Bagley of 1st Global Stock Transfer,
LLC, [phone], or [e-mail], for Casavant Mining Kimberlite
International/
(CMKM)

CO: Casavant Mining Kimberlite International
ST: Nevada
IN: MNG OTC
SU:


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