SUVA, Fiji, Sept. 17, 2013 /PRNewswire/ -- Buka Ventures Inc. (OTCBB: BUKA) (OTCQB: BUKA) ("Buka" or the "Company") has entered into a share exchange agreement with Health Education Corporation, dba Nutranomics, and the shareholders of Nutranomics (the "Agreement"). Pursuant to the terms of the Agreement, Buka will acquire all of the shares of Nutranomics in exchange for 25,005,544 restricted common shares of Buka. Concurrently, Buka's current management will cancel 25,000,000 shares held by them.
The share exchange is subject to a number of deliverables by both parties, including audited financial statements of Nutranomics, which have already been provided, and share transfer documents from the Nutranomics shareholders. The parties expect the share exchange to close within two weeks.
Nutranomics is a company engaged in research and development of nutritional food products. In 1997, Nutranomics produced and branded its own product line, and began to sell to the retail outlets and to the public. Nutranomics has also produced formulas for hundreds of other companies. Nutranomics' mission is to increase human health and longevity through education and self-awareness. The company has sales representatives throughout the USA, Canada, Taiwan, Japan, Singapore, Philippines, Malaysia, and Korea.
For further information regarding Buka Ventures Inc., please contact our investor relations representatives at toll-free (888) 616-3999.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements". Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ability of the parties to close the share exchange. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with developing new products and operating as a development stage company, our ability to raise the additional funding needed to continue to pursue our business and product development plans, competition in the industry in which we operate and market conditions. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents we file with the SEC, available at www.sec.gov.
SOURCE Buka Ventures Inc.