Swift International Inc. (fka SWIF)

[dia duit]

Or how Frankie became the "majority shareholder".

How/IF Frankie is the majority shareholder.

It was the "original" Kinti Mining people from Toronto

I just rechecked my notes. You're right, the deal was over a year ago.

January 20, 2009 01:00 AM Eastern Time
Kinti Mining Limited (KMLD) Announces Joint Venture with Samarium Group Holding Involving Reserves of up to 40 Million Pounds of Recoverable Uranium with a Potential Valuation of ($2.1 Billion Dollars)

TORONTO--(BUSINESS WIRE)--Kinti Mining Limited (Pink Sheets:KMLD) is pleased to announce the signing of a joint venture agreement with Samarium Group Holding, of Vancouver, Canada. The new venture, called Kinti Energy Limited, will have an overriding focus on uncovering and assembling undervalued uranium resource properties in Zambia, a region that has turned into a hotbed of uranium exploration because of the resurgent global interest in nuclear power.

Samarium Group is a leader in private and public investments in small and mid cap companies and as such will help raise the investment capital required to sustain the uranium exploration activities conducted by Kinti Mining. Preliminary budget estimates for exploration activities are approaching thirty million USD ($30,000,000 USD).

Kinti Energy is preparing a three year operational plan and budget to acquire and explore African properties with indicated uranium mineral resources. Zambia has enacted new mining legislation that has resulted in a historic opportunity for mineral exploration and mining companies to acquire tenements with significant mineral resources. Kinti and its partners have submitted several applications to the Zambian Ministry of Mines for such uranium tenements. It expects to develop at least two of its exploration projects to the bank feasibility stage after proving reserves of up to 40 million pounds of recoverable uranium with a potential valuation of ($2.1 Billion dollars) as per the Uranium Spot price for January 5, 2009.

About Kinti Mining Limited

Kinti Mining Limited, trading symbol (KMLD), (16.7 Million shares issued), is a mineral exploration company with an overriding focus on uncovering and assembling undervalued resource properties or companies. With such inventories it expects to build stakeholder wealth through the public markets, along with being able to offer, other public companies, properties on a wholesale basis in exchange for a combination of company stock and/or cash.

Some of the information included in this press release and other documents by Kinti Mining Limited (“KINTI”) may contain forward looking statements. The Company disclaims any obligation to update any forward-looking statement made herein.


Contacts
Kinti Mining Limited
Michael Cichon, VP Operations, 416-216-4630
http://www.kintimining.com

At A Glance
Kinti Mining Limited
Source: via Business Wire
Updated 01/12/2009 by company
Headquarters: Toronto, Ontario
Website: http://www.kintimining.com
CEO: Gus Gualdieri
Employees: 10
Ticker: KMLD (NQB) A11 (GER)
Revenues: N/A (2008)
Net Income: N/A (2008)