STS Evermedia Corp.(fka SEVM)

[stockprofit2023]

Cambodian Ventures Limited in Negotiations to Acquire Additional Gold Mining Interests in Cambodia
Wednesday October 26, 2:29 pm ET


LOWELL, MA and PHNOM PENH, CAMBODIA--(MARKET WIRE)--Oct 26, 2005 -- Cambodian Ventures Limited (Other OTC:CMB.V - News), announced today that it has entered into negotiations for working interests in gold mining rights owned by DELCOM Cambodia Pte. Ltd.
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Delcom Cambodia Pte Ltd. is a joint venture of Cambodian and Malaysian companies.

Delcom was awarded the areas of Krova, Kompong Thom province and Phnom Dek, Preah Vihea province on March 24, 1994, for gold exploration. The two areas are currently being explored, and one of the areas has had extensive survey work performed and is moving towards exploitation.

Gary Fineberg, CEO of Cambodian Ventures stated, "We are pleased to be negotiating an agreement with DELCOM, a very respected mining company in the region. DELCOM has moved beyond the exploration process and has applied for an exploitation license for one of these properties."

The company will release further details on negotiations in the coming weeks.

Safe Harbor Statement: 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:
CONTACT:
Cambodian Ventures Investor Relations
1-416-356-4737
http://www.cambodianventures.com