KAT Exploration, Inc. Update on Company Events
07 Janeiro 2011 - 5:25PM
Marketwired
KAT Exploration, Inc. (PINKSHEETS: KATX) www.katexploration.com
KAT Exploration, Inc. (PINKSHEETS: KATX) is pleased to inform
shareholders and the public of its ongoing progress with regards to
company events and distribution of the 1 for 4 BVIG shares to KATX
shareholders.
The company is still waiting for the latest results from drill
hole #2 on its Rusty Ridge project. As stated before in a prior
press release, results have been received from the upper 50m of the
334m of hole #2 but results have not been received from the
remainder of the selected sections sent for analysis. In speaking
with Actlabs who are doing the analysis of these samples it may
still be a couple more weeks before results are received.
Another 102 new claims have been staked around the original
Rusty Ridge claims in order to protect the area for future
exploration.
While much speculation has been raised as to why the delay in
BVIG share distribution, the company wishes to assure its
shareholders that we and our attorneys are working through the SEC
rules and regulations in order to comply with all required filings.
We realize that while many have been anxiously waiting for the
distribution to take place, we ask for continued patience as the
process for this procedure moves forward. We will inform
shareholders when the distribution filing is approved by all
regulatory institutions.
The company is also in the initial stages of filing a 15c211in order to move Kat Exploration Inc from the
Pink Sheets listing to that of the OTCBB. As progress moves forward
with these filings further updates will be made available to
shareholders and public.
The company is also in the process of engaging a full service
Investor Relations firm to assist in its communication with
shareholders and public alike.
This press release contains forward-looking information within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 and is subject
to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of Kat Exploration Inc.
to be materially different from the statements made herein.
Jack Zwicker Kat Exploration Inc. Investor Relations Ph
902-497-3188 jzwicker@katexploration.com www.katexploration.com
KAT Exploration (CE) (USOTC:KATX)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
KAT Exploration (CE) (USOTC:KATX)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre KAT Exploration Inc (CE) da OTCMarkets bolsa de valores: 0 artigos recentes
Mais Notícias de KAT Exploration, Inc.