DENVER--(BUSINESS WIRE)--July 18, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB:UCAD - News) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.
But do they have to issue all the shares?
I'm not trying to create a problem or anything, it was just a thought.