MANAGEMENT COMMENTS ON THE PROPOSED SALE OF THE COMPANY’S INTERESTS IN THE “BOUSE” AND “SOUTH COPPERSTONE” GOLD EXPLORATION PROPERTIES AND THE POSSIBLE EFFECTS OF A SUCCESSFUL SALE The Company has two remaining assets, namely it interests in the “Bouse” and “South Copperstone” Gold Exploration properties. Management of the Company is now actively seeking a buyer for these two Gold Exploration Properties, which if successfully concluded, could result in:
- The settlement of the historical and outstanding Stock Dividends; and - Create a liquid trading environment for stockholders to trade in their shares of the Company’s Common Stock; and - Realize a very significant financial gain for the Company making the Company an extremely attractive take –over target; and - Allow Management to remunerate its professional advisors in order for them to complete the Company’s outstanding filings to make the Company current in its reporting; and - Apply for reinstatement to the OTC Bulletin Board Market once it was current in its filings; and - Raise additional cash through traditional methods which it is currently precluded from doing so due to it being delinquent in its filings; and - Provide funds to facilitate the creation of a Corporate web site and to retain Investor Relations Consultants to interact with Company stockholders; and - Could facilitate the payment of a large extraordinary Dividend to the Company’s stockholders.
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