Dolat Ventures Inc. to Acquire 100% of Dove Diamonds & Mining
Friday, November 20 2009 - 17:01
DOLV $0.20 $-0.05 (%-20)
NEW YORK, NY -- (MARKET WIRE) -- 11/20/09 --
Dolat Ventures Inc. (OTCBB: DOLV) announced
today that it intends to acquire 100% of the outstanding capital stock of
Dove Diamonds and Mining, Inc., a Nevada Corporation.
Dove Diamonds & Mining intends to sell, market, distribute and cut diamonds
and precious gems in the United States and Internationally.
"We are extremely excited to announce this preliminary step in developing
our Mining infrastructure," said Mr. Dovid Hauck, Chief Executive Officer
of Dove Diamonds & Mining Inc. "Dove Diamonds intends to market, sell, and
distribute diamonds and gems globally once fully consummated," he added.
For more information please visit www.dove-diamonds.com
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About Dolat Ventures Inc. (OTCBB: DOLV)
Dolat Ventures Inc. through its wholly owned subsidiary Dove Diamonds &
Mining intends to sell, market, cut and distribute its diamonds and gems
around the world. The company intends to purchase rough and uncut diamonds
and gems from international suppliers globally.
Forward-Looking Statements
This press release may contain certain forward-looking statements within
the meaning of Section 27A of the Securities and Exchange Act of 1933, as
amended, and Section 21E of the Securities and Exchange Act of 1934, as
amended, and such Forward-Looking Statements are intended to be covered by
the safe harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainties. All statements
other than statements of historical fact in this announcement are
forward-looking statements, including but not limited to the viability of
the company's business plans, the effect of acquisitions on our
profitability, the effectiveness, profitability, and the marketability of
the Company's products; the Company's ability to protect its proprietary
information; general economic and business conditions; the volatility of
the company's operating results and financial condition; and other risks
detailed in the Company's filings with the Securities and Exchange
Commission.
These forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations, assumptions, estimates
and projections about the company and the industry. The Company undertakes
no obligation to update forward-looking statements to reflect subsequent
occurring events or circumstances, or to changes in its expectations,
except as may be required by law. Although the company believes that the
expectations expressed in these forward-looking statements are reasonable,
management cannot assure the public that their expectations will turn out
to be correct, and investors are cautioned that actual results may differ
materially from the anticipated results.
Contact:
Dovid Hauck
President
Phone: 212-502-6657
Email: info@dove-diamonds.com
