ICBS Ltd., majority shareholder of Canwealth Minerals Corp., removes Kelly Taylor as President of Canwealth Minerals Corporat...
January 14 2013 - 3:25PM
OTC Markets
New
York, Montreal, January 14, 2013
–Majority shareholder, ICBS Ltd., (OTCPK: ICBT), announced today
that Kelly Taylor has been removed as President and shareholder of
Canwealth Minerals Corp., for violation of the Directors Covenant
Not to Compete. The action was taken by the majority shareholders
when the violation was discovered . A shareholders meeting was held
on November 24, 2012, at the offices of the accountants for the
company and Mr. Taylor was removed as an officer and
shareholder.
Garth McIntosh, CEO of
ICBS: “we continue to move forward in the process of getting
Canwealth publicly traded. Canwealth has an enormous future,
and we are excited about the progress being made on a daily basis.
We expect the Super 8-K to be filed shortly with the SEC which will
make Canwealth Minerals a fully reporting company on the
OTCBB.
Mr. McIntosh has been
elected as interim President until an election will be called
within the next 60 days. The company has retained the necessary
expertise to continue its growth in the mining
industry.
About Canwealth
Minerals Canada:
Canwealth Minerals
Corporation - is a mineral exploration and mining company actively
searching for gold, silver, PGE, base metal and REE mineral
deposits in Quebec. At the present time the company holds 9 Mining
properties (268 Claim cells) in Northern Quebec's Abitibi region
and the James Bay basin including addition exploration camps in
South Western Quebec for a total of 38,573 acres under management
and is 100% owned by Canwealth Minerals Corp. ICBS Limited is a 81%
shareholder in Canwealth Minerals Corp.
SOURCE: Canwealth Minerals
Corporation, ICBS Limited.
CONTACT: Garth McIntosh, President & CEO
Email: info@icbs.ca
info@canwealthminerals.com
www.canwealthminerals.com
www.icbs.ca
Legal Notice Regarding
Forward-Looking Statements:
Safe Harbor: This press release contains forward-looking
information within the meaning of section 27A of the Securities Act
of 1933 and section 21E of the Securities Exchange Act of 1934 and
is subject to the Safe Harbor created by those sections. This
material contains statements about expected future events and/or
financial results that are forward-looking in nature and subject to
risks and uncertainties. Such forward-looking statements by
definition involve risks, uncertainties and other factors, which
may cause the actual results, performance or achievements of ICBS
Limited, to be materially different from the statements made
herein.
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