Cambodian Ventures Limited Shareholder Update Mar 27, 2006 4:11:00 PM LOWELL, MA and PHNOM PENH, CAMBODIA -- (MARKET WIRE) -- 03/27/06 -- Cambodian Ventures Limited (OTC: CMBV) is pleased to announce a corporate restructuring to simplify operations and focus the Company's attention on gold exploration and production in Cambodia. The restructuring calls for the establishment of two new subsidiaries and the issuance of stock dividends to CMBV shareholders for each company. A casino subsidiary will focus on investing in and acquiring gaming licenses in different provinces in Cambodia and a biotech subsidiary will focus on marketing products, providing education, protection, and prevention for the deadly Avian influenza, A virus (H5N1), also known as "Bird Flu," among humans.
"This is a new direction for the Company," said Cambodian Ventures CEO Gary Fineberg. "With gold in strong demand, prices at multi year highs, and the Company in discussions to acquire several gold exploration and producing properties, the Board feels it is an important time to focus its attention on mining in Cambodia."
Mr. Fineberg added, "The $2 million market capitalization of Cambodian Ventures is significantly undervalued in comparison to its publicly-traded peers trading on North American stock exchanges. South East Asian mining has worldwide appeal and tremendous potential given the demand by China and India. Our Company has a unique position given that Management is proactively pursuing mining assets in Cambodia on a daily basis."
Cambodian Ventures intends to accelerate developments on the mining side in Cambodia by bringing on new board members and management personnel experienced in South East Asian mining. The Company has already entered into talks with potential candidates and will advise shareholders when definitive arrangements are concluded.
Mr. Fineberg also noted that the dividend strategy gives investors multiple reasons to invest in the Company. The spin-off subsidiaries will have separate and independent management teams. The intention is to seek listings for both new companies on either the Pink Sheets or OTC BB markets in the United States. Shareholders should expect timely, periodic information from the Company updating shareholders on the spin-off of these new companies.
The Company expects to announce ex-dividend dates for each of these new listings within two weeks and expects to conclude dividend payments to shareholders within 60 days.
Cambodian Ventures also wishes to announce that in order to improve shareholder information and communication; the Company will be appointing a recognized Investor Relations firm with experience in the Natural Resource sector. Shareholders should expect an appointment within the next 15 business days.
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.
Volume still above normal here, something is up. IMHO
Posted by justastock on :
Locked and loaded.
Posted by alohadream on :
Ready and waiting! Only have 1/2 million after selling 1/2 million a couple weeks ago at a nice profit so I only paid $650 for the 1/2 I'm holding now.Not quite fully a free ride but a really good discount expecially for whats to come.
Posted by justastock on :
quote:Originally posted by alohadream: Ready and waiting! Only have 1/2 million after selling 1/2 million a couple weeks ago at a nice profit so I only paid $650 for the 1/2 I'm holding now.Not quite fully a free ride but a really good discount expecially for whats to come.
Its better then nothing. For every penny she goes up you make 5,000, not bad..
Justa.
Posted by justastock on :
More great news >
Cambodian Ventures Declares Stock Dividend for Shareholders Apr 3, 2006 11:51:00 AM LOWELL, MA and PHNOM PENH, CAMBODIA -- (MARKET WIRE) -- 04/03/06 -- Cambodian Ventures Limited (OTC: CMBV), Cambodian Ventures is pleased to announce that the Company will be issuing a 10% unrestricted stock dividend for all shareholders of record as of April 20th, 2006. The dividend is eligible to all investors who currently hold shares and/or purchase shares in Cambodian Ventures Limited no later than the market close on Monday April 17th, 2006.
"The decision to declare a stock dividend rewards shareholders for their support and gives them the opportunity to increase their ownership in the pending two spin-off subsidiaries," stated Cambodian Ventures President, Gary Fineberg. "We are extremely excited about our corporate restructuring plans and we look forward to closing on several mining acquisitions in Cambodia in the very near future."
Mr. Fineberg added that the Company will continue to update shareholders regarding mining progress and that he expects to announce the spin-off dividend record dates within a week.
Series 1100 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.
I think the 2 weeks until the 17th deadline will be worth watching and think CMBV will be getting a lot of interested buyers chasing.I doubt it will drop any until then but will be ready to snap up more if it does.
Posted by north44 on :
Bounced off of .0015 to .0025......Almost a double Posted by justastock on :
Looking great, need to be in before the end of the bell this monday to get the divy's..
J
Posted by cwy48 on :
CMBV--MMer ETRD came on the bid at .002 and is NOT on the ASK. They want shares and are NOT selling. Get in before next week. JMHO
Posted by justastock on :
Big volume again, could move up soon. IMHO
Posted by north44 on :
CMBV will rock this week....spin off news is on the way Posted by justastock on :
This week should be a start for the PP's climb to penny land. IMHO
Posted by north44 on :
10% divy plus 2 spin -offs... one penny and more Posted by justastock on :
CHA-CHING!!!
Gold up today over $600.. With this low floater she could run hard.. IMHO..
J
Posted by justastock on :
Volume up,, could start to climb..
Posted by justastock on :
LOWELL, MA and PHNOM PENH, CAMBODIA--(MARKET WIRE)--April 3, 2006 -- Cambodian Ventures Limited (Pinksheets:CMBV.PK - News), Cambodian Ventures is pleased to announce that the Company will be issuing a 10% unrestricted stock dividend for all shareholders of record as of April 20th, 2006. The dividend is eligible to all investors who currently hold shares and/or purchase shares in Cambodian Ventures Limited no later than the market close on Monday April 17th, 2006.
Posted by justastock on :
Cambodian Ventures Limited -- Update Apr 19, 2006 10:20:00 AM LOWELL, MA and PHNOM PENH, CAMBODIA -- (MARKET WIRE) -- 04/19/06 -- Cambodian Ventures Limited (OTC: CMBV) is pleased to announce that the recent stock dividend has been completed and is scheduled to be paid to shareholders as of record date April 20, 2006.
The company is also pleased to announce that it is moving forward with its plan to spin-off two subsidiaries involved in the biotech and casino business in Cambodia. The company intends to request from the exchange to issue spin-off dividends to shareholders of record on April 28th, 2006.
A follow-up press release will be issued April 24, 2006 to give more details on the dividend process.
Gary Fineberg, the President of Cambodian Ventures, commented that: "The recent spike in the price of gold is going to allow the Company to focus on its substantial new Gold Mining Interest and on potential new property acquisitions in The Kingdom of Cambodia. The spin-off companies will reward our loyal shareholders with an equity interest in two other entities with superior growth potential outside of mining."
The company will also issue a press release within the next 10 days updating investors on the progress of the joint venture negotiations with a Cambodian partner for the exploration and development of a gold mining project near the Memot - Snoul area of Cambodia.
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.
Gap is filled.. Should start to move up..
Posted by justastock on :
Gold is back up to 634+, plus we are due for this from the last PR >
The company will also issue a press release within the next 10 days updating investors on the progress of the joint venture negotiations with a Cambodian partner for the exploration and development of a gold mining project near the Memot - Snoul area of Cambodia.
Posted by IWISHIHAD on :
This one has been quiet for awhile has anyone talked to management lately, i am curious about the casino side of this company and how that is going.
Posted by moosehead9nc on :
im in this one, but im not too impressed, i emailed them about a week ago, no reply, i haven't received my dividends yet, have you? i think these were supposed to be paid out april 20th? idk i might be wrong
Posted by IWISHIHAD on :
They show up in my account today, i have not been in this one very long but am thinking of picking up a few more shares just wondering if any one had any recent news i know it can run pretty fast from time to time but i also feel there has been some dilution.
Posted by moosehead9nc on :
who's your broker?
Posted by IWISHIHAD on :
Ameritrade.
Posted by moosehead9nc on :
oh, well i use scottrader, they just take a while with dividends i guess,
Posted by moosehead9nc on :
lol....my dividends just went into the account like 30 mins ago...weird coincidence
Posted by justastock on :
More to come on this one. IMHO.. Still holding long and strong..
Posted by justastock on :
MM action here, bid jumpig up, looks like MM need shares!! IMHO
Posted by iamfine on :
put an order at 0.0015. donot know whether it could get through since it stayed there for a while.
Posted by justastock on :
Volume up big!! Could be a sign. Or not. LOL
Posted by justastock on :
.0025 on the ask now, nice volume. Lets go!!
Posted by tomzdog on :
What's up with the spread ??
Posted by tomzdog on :
It's about time this stock gets some attention
Posted by justastock on :
Cambodian Ventures Limited Signs Memorandum of Understanding With TTY Corporation
2006-06-08 06:00 ET - News Release
LOWELL, MA and PHNOM PENH, CAMBODIA -- (MARKET WIRE) -- 06/08/06
Cambodian Ventures Limited (PINKSHEETS: CMBV) announced today that it has signed a Memorandum of Understanding with TTY Corporation of Cambodia to develop two potential gold mining sites in the Snoul District of the Kratie province in the Kingdom of Cambodia. These sites are known as Srei Char and Svay Cras. The Srei Char site is one of the most well-known in Cambodia and was previously called Srei Ja.
TTY Corporation is a wholly owned Cambodian Industrial Company with multiple business interests in Cambodia's natural resource sector. With an experienced management team, strong network of partnerships, and over 500 total employees, the company is an experienced leader in the fields of mining, rubber production and agricultural processing.
Cambodian Ventures has reviewed a geology report of the Srei Char site. The report states that vein material returned assay results translating into 40 to 50 grams of gold per ton. In addition, twelve "grab" samples from three different areas in the site showed concentrations of gold of up to 18 grams per ton.
The report also confirms that there are numerous trenches, pits and excavations already on the Srei Char site distributed over an area of 4 hectares and that a number of shafts that have been excavated to the water table (3-4 meters) and worked laterally under the residual soil cover.
Overall the report deemed both the Srei Char and the Svay Cras sites as "significant prospects" and "worthy of following up with a systematic testing of the site and surrounding areas."
Gary Fineberg, CEO of Cambodian Ventures Limited, stated: "We are very excited to be working with TTY Corporation on these two promising sites. Srei Char shows tremendous potential based on previous analysis. While currently not as much data is available on Svay Cras, there has been significant artisinal mining performed on that site, leading us to believe there is also much potential there."
Over the next month Cambodian Ventures expects to bring in its own geologist to analyze both sites for further exploration and mining potential. TTY Corporation will grant Cambodian Ventures full usage of its construction equipment already present at both sites. The two companies will then further negotiate a definitive breakdown of percentages each will yield from the mined precious minerals from each site in a Joint Venture Agreement.
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.
Tiger Capital Corporation Trevor Burns President 416.252.3663 investor*tigercapital.com
Posted by kt325ci on :
Cambodian Ventures Prepares for Joint Venture on Gold Mining Sites Jun 16, 2006 9:17:00 AM LOWELL, MA and PHNOM PENH, CAMBODIA -- (MARKET WIRE) -- 06/16/06 -- Cambodian Ventures Limited (PINKSHEETS: CMBV) is pleased to announce that the Company is making significant progress towards signing a definitive joint venture agreement with TTY Corporation of Cambodia to develop two gold mining properties in Kratie Province, Kingdom of Cambodia.
Mr. Gary J. Fineberg, President of Cambodian Ventures, accompanied by Mr. Trevor Burns, President of Tiger Capital, recently met with the President of TTY Corporation to discuss the next steps to be taken to develop TTY's gold properties. Mr. Fineberg and Mr. Burns also had the opportunity to tour TTY's facilities and operations and tour the mining sites.
"I am very pleased with the way discussions are proceeding with TTY. Both parties are keen to move forward as rapidly as possible. We are presently making arrangements to have a geologist come to Cambodia to prepare a feasibility report on both sites. Once the report is completed and assuming it is favorable, I am confident that a joint venture agreement will be consummated shortly thereafter," stated Mr. Fineberg.
"I am impressed with TTY's businesses and the gold sites. TTY is a very substantial company in Cambodia in the areas of agriculture and mining. The two gold sites are both easily accessible by roads and both show a history of mining activity," stated Mr. Burns.
"I am pleased to learn while here that Cambodian Ventures has several other exciting opportunities to explore. Furthermore, a large Australian mining company is now preparing to make a significant investment in six other gold properties in Cambodia, validating Cambodian Ventures' belief that tremendous mining opportunities exist in this country," added Mr. Burns.
About Cambodian Ventures
The mission of Cambodian Ventures Limited is to obtain licenses for the exploration and mining of precious minerals in Cambodia. The Company intends to carry out exploration activities in regions containing gold and other precious minerals. It is Management's opinion that high-quality minerals such as gold, zinc and other resources in Cambodia are largely untapped and that a significant opportunity exists for their development.
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.
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