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Cameo Industries Corp - Ordinary Shares CRUUF

Cameo Industries Corp is mainly engaged in the business of exploring and developing mineral properties. Its projects comprise of Willa Project, Carrizal Cobalt Project, Montreal Cobalt Project and Big Mac gold project among others.


OTCPK:CRUUF - Post by User

Comment by benzo40on Dec 22, 2016 3:31am
74 Views
Post# 25633754

RE:RE:Stocks Going TO Fly Sooon!!!!

RE:RE:Stocks Going TO Fly Sooon!!!!Based on what? Based on this! Amended News Release: Cameo Resources Corp Signs LOI to Enter Marijuana Industry V.CRU | November 9, 2016 VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 9, 2016) - IIROC has requested for a clarification of the Cameo Resources Corp. (TSX VENTURE:CRU)(OTC PINK:SIDNF)(the "Company") News Release dated November 09, 2016. The company wishes to inform shareholders that this news release is not a change of business and Cameo still is 100% mineral exploration company. At this point, the company is only reviewing information provided by Green Fields Hydroponics (GFH) of Portland Oregon. The revenue, employment figures and forecasts stated in the news release were provided by GFH. Cameo Resources Corp. is still pleased to have signed a Letter of Intent with Green Fields Hydroponics of Portland Oregon. It's an opportunity that the Cameo wants to explore. The signed letter of intent is for exchange of information with GFH and currently, there is no definitive agreement signed and no compensation terms are stated in the letter. The letter is to ensure that confidentiality is maintained as Cameo continues to discuss future business opportunities with GFH. "Recreational marijuana is now legal in California - and that's a game changer for public health. Though 25 other states have already legalized weed for medicinal purposes and four for recreational purposes, the size and population of California puts its decision in a different league and it could lead the way to figuring out policy around the drug. Current projections have Maine, Nevada, and Massachusetts voting to legalize recreational marijuana, while Arizona voted against legalizing recreational pot. Medical marijuana was also on the ballot for several states. Current projections have North Dakota, Montana, Arkansas and Florida all expected to approve medical marijuana." - The Verge https://www.theverge.com/2016/11/8/13520486/marijuana-legalization-california-election-2016 Akash Patel, president of Cameo, remarks that: "Signing of this LOI does not shift the company's focus on its ongoing commitment to mineral exploration. However, we expect to complete our due diligence by year end and update our shareholders along the way." ON BEHALF OF THE BOARD Akash Patel, President
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