Kabe Exploration Announces $500,000 Funding Commitment from JMJ Financial
Kabe Exploration Announces $500,000 Funding Commitment from JMJ Financial
SAN DIEGO--(BUSINESS WIRE)-- Kabe Exploration, Inc. (OTCBB: KABX): The Company is pleased to announce that it has secured a $500,000 Equity Commitment with JMJ Financial. The funding was secured through issuance of restricted shares. The company has already received the first tranche funding to assist the company with its operational drilling development cost. "We are excited about the level of investment confidence we are seeing from the professional investment community," says Erik Ulsteen, the company's CEO.
About JMJ Financial
JMJ Financial is a privately held investment firm that specializes in providing growth and development capital to emerging small cap companies. JMJ is not a broker or finder, the firm invests its own capital into transactions designed to build long term working relationships with a focused group of innovators. With over 50 companies in its portfolio and a long and highly successful track record, JMJ is one of the most active and reliable investors in the space. Website: http://www.jmjfn.com
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.
Media Relations:
Kabe Exploration, Inc.
Erik Ulsteen
(858) 699 1359
investorrelations@kabeexploration.com
www.kabeexploration.com
KEYWORDS: United States North America California
INDUSTRY KEYWORDS:
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