Published: August 10, 2006
Maysia Resources Corporation -- Corporate Developments
Maysia Resources Corporation (OTCBB: MYAR)
("Maysia" or the "Company") is pleased to announce several significant
corporate changes.
The Company has diversified its business to include a focus on oil and gas
exploration and production, and, in this regard, will shortly change its
name to "PrimeGen Energy Corporation." This change will take effect upon
the filing with the Secretary of State for Nevada of an amendment to
Maysia's articles of incorporation and is expected to be implemented on or
about August 25, 2006. The Company is in current discussions and intends
to complete a series of oil and gas transactions that will be announced as
details are finalized. In association with the changed emphasis of the
Company, it has now moved its operational headquarters to 3625 N. Hall
Street, Suite 900, Dallas, Texas.
The Company also announces that Mr. Glen D. Harder has joined its Board of
Directors. Mr. Harder is a senior securities and corporate finance lawyer
with approximately 20-years of experience in, among other things,
structuring and capitalizing early stage corporations, acquisitions,
mergers, takeovers, arrangements, corporate governance issues and public
and private debt or equity financing transactions. Mr. Harder has
extensive experience in matters specifically related to the natural
resource sector -- primarily oil and gas exploration and production.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is
defined in Section 27A of the United States Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Statements in this
press release which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such forward-looking
statements include, among other things, the acquisition of oil and gas
properties and interests and our ability to become cash flow positive in
the short term to allow us to enhance and grow company assets. Actual
results could differ from those projected in any forward-looking statements
due to numerous factors. Such factors include, among others, the numerous
inherent uncertainties associated with oil and gas exploration. These
forward-looking statements are made as of the date of this news release,
and we assume no obligation to update the forward-looking statements, or to
update the reasons why actual results could differ from those projected in
the forward-looking statements. Although we believe that the beliefs,
plans, expectations and intentions contained in this press release are
reasonable, there can be no assurance that such beliefs, plans,
expectations or intentions will prove to be accurate. Investors should
consult all of the information set forth herein and should also refer to
the risk factors disclosure outlined in our annual reports on Form 10-KSB,
our quarterly reports on Form 10-QSB and other periodic reports filed from
time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Maysia Resources Corporation
Gordon A. Samson-Director
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