Juina Mining Corporation (GEMM)

[smartbiz85]

Juina Mining Corp. Receives $500,000 USD Funding

LAS VEGAS, Jul 29, 2004 (BUSINESS WIRE) -- Juina Mining Corp. (Pink Sheets: GEMM) announced today that it has received financing in the amount of $500,000 USD through the sale of common stock to CMKM Diamonds Inc. (Pink Sheets: CMKX). This sale gives CMKX ownership of approximately 25% of GEMM.
In addition, GEMM has issued an option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000 USD. GEMM is currently a subsidiary of U.S. Canadian Minerals Inc. (OTCBB: UCAD).

Further details relative to this project will be forthcoming in future press releases and at http://www.juinamining.com/, http://www.uscanadian.com/.

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