Message #2 From:
NewsBot Date: January 8, 2007 12:46:00 PM
USCA News U.S. Canadian Minerals, Inc. New Management Team Files Audited 2004
LAS VEGAS--(BUSINESS WIRE)--U. S. Canadian Minerals, Inc. (PINK SHEETS:USCA) announced today the
company’s 2004 audited 10KSB has been filed
with the Securities and Exchange Commission, beginning the process of
regaining full compliance and reporting status. The management team also
expects to file the remaining past due reports in the near future,
anticipating achievement of full compliance during the first quarter of
2007, at which time an application for reinstatement to the OTC Bulletin
Board will be made. To this end management is finalizing negotiations to
retain Ronald N. Silberstein CPA PLLC to complete 2005 and 2006 audits.
Management has since February of 2006 retained James Vandeberg of The
Otto Law Group as corporate counsel.
Management states that it is pleased that the process of getting up to
date on filings has started. At the same time, Management also wishes to
establish regular communications with shareholders and the investment
community. To this end, USCA revealed an updated corporate website at www.uscanadianminerals.biz,
which will play a key role in facilitating this improved communication.
During the upcoming weeks, the Company will focus on completing all
remaining audits and developing strategic corporate objectives which
have been identified in 2006. USCA will be using the website to provide
additional details on assets, corporate goals and objectives. Above all,
USCA looks forward to the future, with a keen focus on significantly
improving shareholder value.