News:Cambodian Ventures Addresses Recent Increase in Share Volume and Price
2/3/2006 10:44:21 AM
LOWELL, MA AND PHNOM PENH, CAMBODIA, Feb 03, 2006 (MARKET WIRE via COMTEX) -- Cambodian Ventures Limited ( CMBV ), responded today to shareholder inquiries regarding the recent spike in share price and volume.
Gary Fineberg, CEO of Cambodian Ventures Limited, stated: "We have had numerous inquiries regarding yesterday's surge in share volume and price. As we stated to those that have inquired, it is the company's policy not to specifically comment on these matters. Having said this, we want our shareholders to know that, as stated in an earlier press release, we are working on a significant mining joint venture in Cambodia that will be finalized and detailed in an upcoming press release."
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:
Cambodian Ventures Limited
1-(978) 654-5217
www.cambodianventures.com
SOURCE: Cambodian Ventures Limited
