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The following information has been approved for release:
Concerning the Joint Venture:
A preferred partner has been selected. Through continual negotiation, both parties have prepared and completed the necessary documentation for signature that will be filed with the applicable government offices, agencies in Chile, and the appropriate consular offices. This process is very time consuming and we will not speculate as to the exact date when a fully documented release will be made to the public. As was stated previously, the final Joint Venture Agreement completion announcement will be made when all necessary Chilean government agencies have signed off, and funds are received and verified into the Corporate Chilean bank account.
Addressing the timing of the AGM in Las Vegas :
As in the past, Cerro Dorado plans to hold its meeting in its own timeframe, on the same day and location as Medinah Minerals, if at all possible. Our policy has been to give 30 day's notice for a shareholders meeting. This allows for all shareholders to have an opportunity to attend in person. We do intend to call an AGM as soon as we have confirmation of the JVA signing.
Information:
CDCH will only report credible and verifiable information on the company website. The company has repeatedly stated verbally, and in print, that we cannot be accountable for misrepresentations, rumors, or speculation posted by person(s) known and unknown.
Kindest Regards
The Board of Directors
Cerro Dorado, Inc.
Note: This News Release may contain certain "forward-looking statements" within the meaning of the United States Securities Exchange act of 1934, as amended. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Cerro Dorado, Inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future could differ materially form those anticipated in such statements. Important fators that could cause actual results to differ materially from the Company's expectation are disclosed under the heading "Risk Factors" and elsewhere in documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
Return to News
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