SOURCE: First Platinum Retail Innovations, Inc.

February 13, 2009 08:00 ET

First Platinum Retail Innovations, Inc. -- Corporate Actions

Company Updates Stockholders on Various Corporate Actions

NEW YORK, NY--(Marketwire - February 13, 2009) - First Platinum Retail Innovations Inc. (PINKSHEETS: FPRT) confirms that it has changed its name to that of Hurasu Resource Corporation. Filings are being made to obtain a new CUSIP Number for the Company, to be followed by a change of the Company's name and its Trading Symbol.

The Company is effecting a 10 for 1 Reverse Split of its outstanding Common Stock. The "Record Date" and "Pay Date" of this Reverse Split will be filed in due course.

ABOUT FIRST PLATINUM RETAIL INNOVATIONS:

The Company has entered into Agreements to acquire a number of Gold Mining & Exploration properties; namely "Bonanza," "Clara," "El Dorado," "North Rawhide," "Ester Basin," "Potts Mountain" and "McCracken" Gold Projects. The Company's flagship Gold Mining Property is its "Bonanza." The Company has agreed to acquire two additional Gold Mining Projects, those being "South Copperstone" and "Bouse." The Company will conclude these transactions post the Reverse Split of its outstanding shares of Common Stock.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

Contact Information

  • Contact:

    First Platinum Retail Innovations, Inc.
    Ronald Y Lowenthal
    President
    Email Contact
    Tel: 954-840-6955