June 3, 2008 - Sakha Enterprises Corporation Acquires all Outstanding Shares of AZTEK LLC
Sakha Enterprises Corporation
For Immediate Release
June 3, 2008
Sakha Enterprises Corporation Acquires all Outstanding Shares of AZTEK LLC
Toronto, Canada (June 3, 2008) Sakha Enterprises Corporation (OTC: SAKH.PK) is pleased to announce that it has reached an agreement with ARCON CAPITAL LLC to acquire all the outstanding shares of AZTEK LLC, a Buryatia based mining company.
ARCON owns all the outstanding shares of AZTEK.
The gold deposits are evaluated at 3 million ounces of proven and projected reserves.
This acquisition is one of the several projects SAKHA in undertaking in Russian Federation and is a first significant step to make the company a fast growing corporation benefiting shareholders and all other participants, expressed Franz Dobnik, President and CEO of Sakha Enterprises.
Sakha Enterprises Corporation 1 First Canadian Place, Suite 350, Toronto, Canada, M5X 1C1 Common shares outstanding: 46,000,000Share Float: 3,000,000FOR FURTHER INFORMATION, CONTACT:Franz Dobnik, President Phone: (416) 830-0905Email: fdobnik@sakhaenterprises.com
Website: www.sakhaenterprises.com
In compliance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Sakha notes that statements contained in this announcement that are not historical facts may be forward-looking statements that are subject to a variety of risks and uncertainties. Accordingly, Sakha wishes to caution readers of this announcement that its future actual results may differ materially from those that any forward-looking statements may imply. There is no assurance the above-described events will be completed. There can be no assurance of the ability of the Company to achieve sales goals, obtain contracts or financing, consummate acquisitions or achieve profitability in the future.
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