Triden Telecom, Inc. to Acquire Sun River Mining, Inc.
Business Editors
TYLER, Texas--(BUSINESS WIRE)--April 13, 2000--Robert S. Hardy,
CEO of Triden Telecom (OTCBB:TRITE), announced today that Sun River
Mining, Inc. (OTCBB:SUNRE) and Triden Telecom have signed a letter of
intent for the acquisition of Sun River Mining, Inc. According to the
terms of the letter of intent, which sets forth the basic terms
pursuant to which Triden Telecom would acquire Sun River, through a
stock purchase agreement as a subsidiary of Triden. Triden will
acquire 80% of Sun River Mining, Inc., (including all options,
warrants, etc., and any shares issued upon the exercise of any
options, warrants, etc.) Mr. Hardy further stated additional
information would be made upon the completion of other ongoing
negations. Mr. Hardy further stated management is looking for
additional Mergers and/or Acquisitions for Triden and Sun River to
bring further value to the shareholders and the combined companies.
This information herein contains forward-looking statements (as
such term is defined in the Private Securities Litigation Reform Act
of 1995), which reflect the views of TRIT and the proposed new members
of management with respect to the future events. These forward-looking
statements are subject to certain uncertainties and other factors that
could cause actual results to differ materially from such statements.
Readers are cautioned not to place undue reliance on these forward
looking statements, which speak only as the date the statement, was
made. There can be no assurance that the forward-looking information
contained herein will in fact transpire.
--30--dsp/in*
CONTACT: Triden Telecom Inc.
Robert S. Hardy, CEO
903/581-2040
Email: triden@iamerica.net |
