CMKM Diamonds, Inc. Announces Purchase/Dividend of Juina Mining Shares
October 16, 2004 03:19:00 AM ET
CMKM Diamonds, Inc. (Pink Sheets:CMKX), announced today that it has exercised its option to purchase an additional 127,336,036 shares of Juina Mining Corp. (Pink Sheets:GEMM) for $500,000 USD. The Company has elected to purchase these shares to issue as a dividend to all CMKX shareholders as of the October 29,2004 record date .The distribution date for this latest dividend is set for November 30, 2004.
Further updates will be made in press releases and on both companies' websites.
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 risks 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.
