Tuesday, July 30, 2013

KABX Ripping Higher On News






Kabe Exploration Inc. Letter to Shareholders Regarding Tender Offer

Business Wire   "Press Releases - English"

SAN DIEGO--(BUSINESS WIRE)--
Kabe Exploration (OTCBB: KABX) announced a tender offer from
International Equity Partners Oil & Gas to acquire 100% of Kabe
Exploration
common shares in a 2-for-1 share exchange based upon a share
valuation of .11700 EU per International Equity Partners shares which
are Canadian Depository Receipts (CDS) currently offered at 2,50 EU per
share in the European private placement market. Our board of directors
has determined the proposed acquisition offer is not a fair offer in the
interest of the company and its shareholders, thus rejecting the offer.
Our management team hopes to develop a great independent oil and gas
concern. We will continue to work with International Equity Partners
Oil & Gas
in finding synergies between the two companies through joint
venture partnerships for development opportunities, says Erik Ulsteen,
CEO and Chairman of the Board.




About Kabe Exploration Inc.




Based in San Diego, California, Kabe Exploration Inc. is an oil & gas
exploration and development company that acquires mineral rights in
prolific shale plays for production.




CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS



This press release contains forward-looking statements that involve a
number of risks and uncertainties.Forward-looking statements generally
can be identified by the use of forward-looking terminology such as
believes, expects, may, will, intends, plans, should,
seeks, pro forma, anticipates, estimates, continues, or other
variations thereof (including their use in the negative), or by
discussions of strategies, plans or intentions. A number of factors
could cause results to differ materially from those anticipated by such
forward-looking statements, including those discussed under Risk
Factors and Our Business. Forward-looking statements are subject to
known and unknown risks and uncertainties and are based on potentially
inaccurate assumptions that could cause actual results to differ
materially from those expected or implied by the forward-looking
statements.Our actual results could differ materially from those
anticipated in the forward-looking statements for many reasons.







Kabe Exploration Inc.
Media Relations:
Erik Ulsteen,
760-444-4562
investorrelations@kabeexploration.com
www.kabeexploration.com



Source: Kabe Exploration Inc.

2 comments:

Thomas Waugh said...

Good post....





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