Advanced Explorations Inc.

Advanced Explorations Inc.

April 06, 2006 08:00 ET

Advanced Explorations Inc. Announces Shares for Debt Settlement

TORONTO, ONTARIO--(CCNMatthews - April 6, 2006) - Advanced Explorations Inc. (the "Company") (NEX:AXI.H) wishes to announce that the Company has entered into settlements of debt in the aggregate amount of $101,392.48 by way of 202,785 shares at a deemed price of $0.50 per common share.

"Gary Williams"

Gary Williams, Director

This news release includes forward-looking statements that involve a number of risks and uncertainties. The information reflects numerous assumptions as to industry performance, general business and economic conditions, regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company. Similarly, this information assumes certain future business decisions that are subject to change. There can be no assurance that the results predicted here will be realized. Actual results may vary from those represented, and those variations may be material.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.

Contact Information

  • Advanced Explorations Inc.
    Gary Williams
    (416) 570-0629