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Microcap & Penny Stocks : SRCR - Environmental Company

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To: Due Diligence who wrote (7)8/10/2000 4:52:30 PM
From: Sprintcar  Read Replies (2) of 28
 
(COMTEX) B: Semper Resources Corp. Secures $1 Million in Funding to S
B: Semper Resources Corp. Secures $1 Million in Funding to Speed Growth in
Environmental Roll Ups

LOS ANGELES, Aug 10, 2000 (BUSINESS WIRE) -- Semper Resources Corp.
(OTCBB:SRCR), specializing in the consolidation of environmentally related
businesses, today announced it has entered into a funding agreement with an
investment banking firm for $1,000,000.

Galen Loven, president and CEO of Semper, commented: "This funding will help us
expand our vision and move forward more aggressively to achieve our broader
goals. This initial round of funding is a testament to the quality of our
roll-up strategy. We are delighted to have this commitment that provides the
platform for further important developments including the pursuit of several
attractive opportunities in the burgeoning environmental market."

Speight & Associates Inc., a Florida-based management-consulting group,
specializing in mergers, acquisitions and corporate funding, was involved in
structuring and facilitating the transaction.

Safe Harbor Statement: Certain information included in this communication
contains statements that are forward-looking, such as statements relating to the
future anticipated direction of the industry, plans for future expansion,
various business development activities, planned capital expenditures, future
funding sources, anticipated sales growth and potential contracts. These
forward-looking statements are subject to a number of known and unknown risks
and uncertainties that could cause actual operations or results to differ
materially from those anticipated.


CONTACT: Semper Resources Corp.
Galen Dean Loven, 509/535-4514; Fax: 509/535-2376
e-mail: gdl@morals.net
or
Speight & Associates Inc., Ocala, Fla.
Tim Ellis, 352/690-1633
e-mail: timellis@erawest.com
or
Brokers Choice, Spokane, Wash.
Larry Johnson, 509/624-1523
e-mail: semper@lanka.com
or
Wall Street Financial Services
D. Wilson, 407/672-4848

URL: businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2000 Business Wire. All rights reserved.

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KEYWORD: CALIFORNIA FLORIDA
INDUSTRY KEYWORD: ENVIRONMENT
MINING/METALS

*** end of story ***
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