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[QUOTE]Originally posted by atleast: [QB] HRRP .0075 Wednesday, October 04 2006 8:30 AM, EST HE-5 Resources, Corp. Signs MoU to Acquire a Nevada Mining Corporation Market Wire "US Press Releases " NEW YORK, NY -- (MARKET WIRE) -- 10/04/06 -- HE-5 Resources, Corp. (PINKSHEETS: HRRP) today announced that it has signed a Memorandum of Understanding (MoU) to acquire a mining Corporation including all of its assets in Nevada . This acquisition will enable HE-5 to attain its goal to become the third largest mining company in Nevada . In addition, this purchase will facilitate the acquisition by HE-5 of other mining claims and private land in Nevada . The MoU is subject to an evaluation of the terms and conditions of the acquisition and approval by the Board of Directors of HE-5 Resources and the mining Corporation. The two parties aim to complete the due diligence process and sign the formal purchase agreement within the next 10 days. CEO Denyse Raynault stated: "This acquisition will significantly increase our reserves and in particular expand the geographical spread of our mining claims in the Gold Hill section of the Comstock district in Nevada . In addition, we are confident that this purchase will unlock some hidden value in HE-5 Resources and allow us to leverage and enhance our expertise in the mining industry." About HE-5 Resources, Corp. HE-5 Resources, Corp. (HE-5) is a growth-oriented and emerging natural resources company. HE-5's mission is to maximize shareholder value by investing in pre-production mining projects, which are undervalued and have proven reserves that will increase the revenue and profit of the Company. HE-5's goal is to establish a vast mineral reserve and resource base with a focus on the following 5 metals: gold, silver, copper, zinc and platinum. For more information on HE-5 Resources, Corp. please contact CEO Denyse Raynault at Raynault*he-5resourcescorp.com or visit the Corporate website at [URL=http://www.he-5resourcescorp.com.]www.he-5resourcescorp.com.[/URL] Forward-Looking Statements Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission . Contact: HE-5 Resources, Corp. Denyse Raynault CEO Ph# (775) 291-6469 E-mail: Raynault*he-5resourcescorp.com URL: [URL=http://www.he-5resourcescorp.com]www.he-5resourcescorp.com[/URL] [/QB][/QUOTE]
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