Thursday April 13, 2:52 pm Eastern Time
Company Press Release
Triden Telecom, Inc. to Acquire Sun River Mining, Inc.
TYLER, Texas--(BUSINESS WIRE)--April 13, 2000--Robert S. Hardy, CEO of Triden Telecom (OTCBB:TRITE - news), announced today that Sun River Mining, Inc. (OTCBB:SUNRE - news) 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.
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Contact:
Triden Telecom Inc.
Robert S. Hardy, CEO
903/581-2040
Email: triden@iamerica.net |
