SAN DIEGO, CA - October 22, 2013 - Kabe Exploration, Inc. (OTCQB: KABX)
The following is a letter to the shareholders from Kabe Exploration, Inc.
The management team of Kabe Exploration is pleased to announce our plans to file an S1 registration of shares to raise a significant amount of capital to fast track the growth of the company. We anticipate we will raise approx. $7 Million for operating capital and begin to acquire producing assets for immediate revenue growth. "We have seen an overwhelming response to our capital raise efforts and believe that is will create shareholder value in the long term," says Erik Ulsteen, CEO.
About Kabe Exploration, Inc.
Based in San Diego, California, Kabe Exploration, Inc. is an oil & gas exploration and development company that acquires mineral rights in prolific shale plays for production.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "intends, "plans," "should," "seeks," "pro forma," "anticipates," "estimates," "continues," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under "Risk Factors" and "Our Business." Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.
Contact: (858) 699 1359
SOURCE: Kabe Exploration, Inc