News Release
October 28, 2004
Justice - 665
TEMPORARY CEASE TRADE ORDER ISSUED ON DIAMOND HOLDINGS
The Securities Division of the Saskatchewan Financial Services Commission issued a Temporary Cease Trade Order today for companies and individuals involved in diamond holdings in the Fort a la Corne area east of Prince Albert. The Order was issued with respect to CMKM Diamonds Inc., its predecessor Casavant Mining Kimberlite International, Urban Armand Joseph Casavant, David DeSormeau and Melvin A. O'Neil. Casavant, DeSormeau and O'Neil are officers, directors and promoters of these companies. The Securities Division is concerned about the trading activities of these companies as well as news releases they have issued about their operations. CMKM Diamonds Inc. and its predecessor Casavant Mining Kimberlite International are Nevada-based companies with operations primarily in Saskatchewan. Their shares trade on over-the-counter market pink sheets. Vic Pankratz, Deputy Director of Enforcement for the Saskatchewan Financial Services Commission, advises that people who are interested in investing in this type of activity should first seek advice from a stock broker, lawyer, accountant, bank or Credit Union Manager, financial advisor or the Securities Division of the Saskatchewan Financial Services Commission. A copy of the Cease Trade Order may be found on-line at www.sfsc.gov.sk.ca under "Enforcement Orders".-30-
For More Information, Contact:
| Vic Pankratz Saskatchewan Financial Services Commission Regina Phone: (306) 787-5645 |