FREDERICKTOWN, MO and
MONTREAL, Dec. 19, 2013 /PRNewswire/ - Canwealth Minerals
Corp. and majority stockholder ICBS Ltd., (OTCPK:
ICBT), announced today that Canwealth Minerals Corp., has
been declared effective with its filing of the companies S-1
Registration. Formerly named USG1, Inc. ,Canwealth Minerals is now
a fully reporting company under the Securities Exchange Act of
1934. Details on of the filings can be found at The
Securities and Exchange Commission. The company is in the process
of filing notice with FINRA and is now awaiting its trading symbol.
Canwealth Minerals Corporation will trade on the OTCBB.
Garth McIntosh, President of
Canwealth Minerals, said, "We are pleased that Canwealth Minerals
is now a fully reporting US company. Canwealth has an enormous
future, and we are excited about the company's future in the mining
industry."
ICBS Ltd. Is a majority shareholder and owns 60.90% of the
company's outstanding shares.
About Canwealth Minerals:
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
7 Mining properties (185 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 24,517
acres under management and is 100% owned by Canwealth Minerals
Corp. The company's management team is made up of professionals
with extensive exploration and production experience.
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.
Information concerning the merger of Canwealth Minerals Corporation
and USG1, Inc. can be found in the Form 8-K filed with the
Securities and Exchange Commission. 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 Canwealth Minerals
Corporation to be materially different from the statements made
herein.
SOURCE Canwealth Minerals Corporation
