King Resources (KING) Improves Rank from Stop to Yield
03 Avril 2012 - 2:24PM
Marketwired
King Resources, Inc. (PINKSHEETS:KING) (www.king-resources.com)
management is providing the following update to its followers and
shareholders.
Further to the company earlier news release(s) the company is
using this opportunity to bring attention to its recent filings on
www.otcmarkets.com.
1. Updated Adequate Disclosure amongst other things outlining the business
activities of KING and its wholly owned subsidiaries
2. Updated financial statements
King management acknowledges the upgrade of its ranking on OTC
Markets from STOP to a YIELD rank. As previously announced, the
company has aspirations of reaching the "CURRENT ISSUER" rank with
OTC Markets. The company is in the process of obtaining a legal
opinion of the current Adequate Disclosure The Company reminds its
readers and followers to visit OTC Markets site where these
documents are currently filed and available for viewing.
King management intends to release more details and information
on Grid Grabber and other PRIMARY mining projects / properties /
mergers shortly and on a timely and frequent basis.
Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of King
Resources, Inc., that constitutes forward-looking statements for
purposes of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be,"
"expects," "may affect," "believed," "estimate," "project" and
similar words and phrases are intended to identify such
forward-looking statements. King Resources, Inc. cautions you that
any forward-looking information provided by or on behalf of King
Resources, Inc. is not a guarantee of future performance. None of
the information in this press release constitutes or is intended as
an offer to sell securities or investment advice of any kind. King
Resources, Inc.'s actual results may differ materially from those
anticipated in such forward-looking statements as a result of
various important factors, some of which are beyond King Resources,
Inc.'s control. In addition to those discussed in King Resources,
Inc.'s press releases, public filings, and statements by King
Resources, Inc.'s management, including, but not limited to, King
Resources, Inc.'s estimate of the sufficiency of its existing
capital resources, King Resources, Inc.'s ability to raise
additional capital to fund future operations, King Resources,
Inc.'s ability to repay its existing indebtedness, the
uncertainties involved in estimating market opportunities, and in
identifying contracts which match King Resources, Inc.'s capability
to be awarded contracts. All such forward-looking statements are
current only as of the date on which such statements were made.
King Resources, Inc. does not undertake any obligation to publicly
update any forward-looking statement to reflect events or
circumstances after the date on which any such statement is made or
to reflect the occurrence of unanticipated events.
Contacts: Investor Relations www.minamargroup.net/helpdesk
Investor Relations Department Inquiry www.minamargroup.com/updates
King Resources Inc.corporate@king-resources.com
King Resources (PK) (USOTC:KRFG)
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