Kabe Exploration Inc. Letter to Shareholders Regarding Tender Offer

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Kabe Exploration Inc. Letter to Shareholders Regarding Tender Offer

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

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

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