Washmax Corp. - Press Release

About this update from Canadian Goldfields Discovery Corp

[{"type":"text","content":"\n\n\n\nTORONTO, April 3 /CNW/ - Washmax Corp. ("Washmax") (NEX BOARD: WMC.H)\nannounced today that the Letter of Intent dated March 5, 2008 between Washmax\nand NewEdge Gold Corporation ("NewEdge"), pursuant to which Washmax and\nNewEdge agreed that Washmax would acquire all of the outstanding shares of\nNewEdge, has been terminated upon the agreement of Washmax and NewEdge.\n\n\nWashmax originally announced on March 5, 2008 that it had entered into a\nLetter of Intent to acquire all of the outstanding shares of NewEdge.\n\n\nIn accordance with the rules of the NEX Board of the TSX Venture\nExchange, resumption of trading in the common shares of Washmax is subject to\ncompletion of a review of the company by the Exchange.\n\n\nSome of the statements contained in this release are forward-looking\nstatements, such as estimates and statements that describe Washmax's future\nplans, objectives or goals, including words to the effect that Washmax or\nmanagement expects a stated condition or result to occur. Since\nforward-looking statements address future events and conditions, by their very\nnature, they involve inherent risks and uncertainties. Actual results in each\ncase could differ materially from those currently anticipated in such\nstatements.\n\n\n%SEDAR: 00011451E\n\n\n","length":1360,"tagName":"div"}]

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