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Microcap & Penny Stocks : PNWC - Pacific Norwest Capital

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To: BlueCheap who wrote (280)2/20/2002 11:46:28 AM
From: CIMA   of 295
 
Got this in my E-mail a few days ago:

REVERSE MERGER: our profile list stock PNWW (1.50 x 1.60) filed an 8K announcing they have entered into a definitive acquisition agreement to acquire Industrial Minerals Incorporated ("IMI"), a private Nevada corporation. Industrial Minerals owns 100% of the undivided interest in the Bissett Creek Graphite patented mineral lease located in Maria Township in Southern Ontario, Canada. The property is comprised of 28 patented claims covering an area of approximately 504 hectares (1,245 acres). It has been the subject of substantial earlier exploration drilling, trenching and metallurgical test work by KHD Canada, Kilborn Engineering, Pincock Alan and Holt and Cominco Engineering Services. Industrial Minerals also holds the rights to produce graphite using a patented dry production process.

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