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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.
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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.
-------------------- Despite the high cost of living it remains popular
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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..
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.
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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.
-------------------- Despite the high cost of living it remains popular
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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.
-------------------- "When you lose, don't lose the lesson"
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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.
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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.
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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.
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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
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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.
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