Planktos Shareholder Update
02 Octobre 2008 - 8:45PM
Business Wire
The board of directors of Planktos Corp. (the �Company�) (Pink
Sheets: PLKT) wishes to make the following announcements: Enrique
J. L�pez de Mesa of Toronto, Ontario, has been appointed as a
director and as the CEO of the Company. Michael Gobuty of Rancho
Mirage, California, has also been appointed as a director of the
Company. The Company is negotiating to acquire 100% of the shares
of a private company called Churchill Mining Corp. (CMC). The sole
asset of CMC is the right to acquire and re-develop two major
copper properties in N.E. British Columbia. The two properties were
formerly owned by Churchill Copper Corp and Davis-Keays Mining
Corp. The three directors of CMC are: Dr. Michael Hitch of
Vancouver, British Columbia, Paul Sarjeant of Toronto, Ontario, and
Michael Ross of Vancouver, British Columbia. The Company intends to
change its name to Lobo Resources, Inc. and to consolidate existing
common shares on a 20:1 basis. A private placement to raise up to
one million dollars ($1,000,000) for working capital is anticipated
post share consolidation. Planktos is a public company; its common
shares trade on the Pink Sheets under the ticker symbol �PLKT.�
Forward-Looking Statements: A number of statements contained in
this press release are forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended. A
safe-harbor provision may not be applicable to the forward-looking
statements made in this press release because of certain exclusions
under Section 27A(b). These forward-looking statements involve a
number of risks and uncertainties, including the sufficiency of
existing capital resources, uncertainties related to the
development of a suitable business plan, and the ability to secure
additional sources of financing. The actual results that the
Company may achieve could differ materially from any
forward-looking statements due to such risks and uncertainties. The
Company encourages the public to read the information provided here
in conjunction with its most recent filings on Form 10-K and Form
10-Q. The Company�s public filings may be viewed at www.sec.gov.
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