Patriarch Inc.
OTC Bulletin Board : PRRH

November 17, 2006 16:42 ET

Patriarch Announces Name Change and Forward Split

NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 17, 2006) - Patriarch, Inc. (the "Company") (OTCBB:PRRH) continues to look at a number of new business opportunities. All business combinations being considered are energy related. As a result, the Company has received board approval to change its name to KAL Energy Inc. and to effect a forward split of 4 shares for every 1 share held.

The name change has also been approved by shareholders holding more than a majority of the Company's outstanding stock.

Both the name change and the forward split are expected to be effective on or about December 21st, 2006.

No formal agreements or arrangements have been entered into at this time.

On Behalf of the Board of Directors,

PATRIARCH, INC.

Strato Malamas, President

Disclaimer: This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are identified by their use of terms and phrases such as "believe", "expect", "plan", "anticipate" and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from the Company's expectations, and expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to the following, the Company's ability to obtain additional financing, geological or mechanical difficulties affecting the Company's planned geological work programs, uncertainty of estimates of mineralized material and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Contact Information

  • Patriarch, Inc.
    Strato Malamas
    President
    (604) 961-8878
    (604) 987-7653 (FAX)