NEWS:
Orex Gold Mines Corp. Announces Certified Public Accountants for Compliance
CORAL GABLES, Fla.--(BUSINESS WIRE)--Aug. 26, 1999--Orex Gold Mines Corp. (OTC BB:ORXX), in the business of mining, announced they have retained the accounting services of Goldstein, Schechter, Price, Lucas, Horwitz & Co., P.A., associated with Jeffreys Henry International.
Effective immediately, Goldstein, Schechter, Price, Lucas, Horwitz & Co., P.A. has initiated the auditing process of Orex and recently acquired acquisition (s) to meet reporting requirements. Also, the firm will be responsible for the compilation of the final audited reports and assist Orex in ongoing compliance measures.
Additionally, Orex has retained the services of McDermott, Will & Emery, Attorneys at Law, specializing in corporate and securities law, will be preparing all of the necessary legal information in the Form 10 and act as securities counsel for the company.
Presently, there are 23,342,500 shares issued and outstanding of which 4,983,000 are restricted. As of this press release, this is the entire stock structure with no warrants, options, convertible debentures or preferred stock.
``We are very pleased to be associated with these professional & efficient companies to assist us in completing all the necessary audits and filings to be fully reporting,' stated Warren Hemedinger, President of Orex Gold Mines Corporation.
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions, and all statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks defined in this document. These cautionary statements expressly qualify all such forward-looking statements made by or on behalf of Orex. In addition, Orex disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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Contact:
Orex Gold Mines, Coral Gables
Investor Relations Contact:
Greg Finney, 888/749-OREX |
