KAT Gold Holdings Corp. & Kat Exploration Inc. - Share Distribution Completed
MOUNT PEARL, Newfoundland and Labrador, March 4, 2013 /PRNewswire/ -- KAT Gold Holdings Corp. (OTCQB: BVIG) Kat Exploration Inc. (OTCPK - KATX) www.katexploration.com
KAT Gold Holdings Corp. / Kat Exploration Inc. are pleased to announce the distribution by KATX of BVIG shares to its shareholders as of December 21, 2011.
In connection with the issuance we would like to inform you of: (a) The Registration Statement on Form S-1 (File No. 333-180734) was declared effective by the Securities and Exchange Commission (The Commission) under the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations promulgated thereunder on December 6, 2012 (the "Registration Statement"), including the prospectus contained therein, and (b) the filing of a prospectus supplement with the Commission on January 16, 2013 (the "Prospectus Supplement") and delivered to each Recipient (or made available to each Recipient by the filing by the Company of an electronic version thereof with the Commission).
As of today March 04th 2013, Kat Exploration Inc. Would like to notify shareholders of the record date of December 21st, 2011 that the share distribution of 1(one) BVIG shares for every 3(three) shares of KATX has taken place under the rules and regulations of the SEC, Finra and Transfer Agency(Computershare). Any fractional shares were rounded up to the nearest whole share.
All shareholders who qualify to receive shares under the distribution will be receiving such over the next few days.
Ken Stead, President/CEO of KAT Gold Holdings Corp. & Kat Exploration Inc. Would like to thank those shareholders for their patience and wish each one much success as the company moves forward to reach its milestones in the gold producing business.
This release includes forward-looking statements on our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict and include statements regarding our anticipated gold production, our expected growth and our ability to compete within the African gold mining industry. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in our forward-looking statements include, among others, a failure of our new mine to produce the anticipated quantity of gold, our failure to obtain the necessary funding to conduct our anticipated operations, our ability to successfully integrate the new management and other factors described in our report on Form 10-K and any other filings with the SEC. The information in this release is provided only as of the date of this release, with no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
President & CEO
KAT Gold Holdings Corp.
Kat Exploration Inc.
SOURCE KAT Gold Holdings Corp.