Monday, November 19, 2007

TEON HMSO Hemis Acquires Share Position in Tecton Corporation

Hemis Acquires Share Position in Tecton CorporationBusiness Wire "US Press Releases "
LAS VEGAS--(BUSINESS WIRE)--
Hemis Corporation (OTCBB:HMSO)(FWB:XZA) is an international resource company with three advanced stage exploration properties in Mexico and one in Alaska.
Hemis Corporation is pleased to announce it has acquired one million shares in Tecton Corporation.
Tecton Corporation (OTCBB:TEON) is a public company based in Nevada that is focused on developing Uranium projects.
Tecton Corporation is a US-based exploration company focused on the acquisition and development of a high-quality portfolio of uranium properties. Tecton's corporate strategy is to acquire advanced-stage uranium properties that are either past producers, have been the subject of prior work programs and/or contain historic resources. Additionally, Tecton will acquire selective early-stage properties should they possess significant geologic merit. The geographic focus of Tecton is in both the United States and Canada, where the company has acquired uranium properties in Utah and Saskatchewan's Athabasca Basin.
As a former subsidiary of Hemis, Tecton was completely spun-off in October of 2006 and became independent.
Bruno Weiss, CFO of the Company states, "This acquisition is both an addition to Hemis' assets and an opportunity for Hemis' shareholders to be exposed to the prolific uranium market." ON BEHALF OF THE BOARD
"Norman Meier"
President & CEO
About Hemis Corporation
Hemis Corporation is a precious metals exploration company trading on the OTCBB under the symbol HMSO and listed on the Frankfurt stock exchange under the symbol XZA. Hemis is comprised of both a resource division and a resource investment unit. Hemis' high profile team is focused on evaluating gold projects with strong potential. The resource investment unit is actively reviewing other natural resource companies for joint ventures and investment.
Hemis is incorporated in Nevada, USA with its head office in Zurich, Switzerland and North American corporate communications representatives in Canada and the United States. Led by an experienced team of exploration geologists and financial professionals, this company has extensive international capital markets experience and proven track records.
The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to commencement of drilling operations, concentration in mineral deposits, delays in testing and evaluation of ore samples, and other risks detailed from time to time in Hemis' filings with the Securities and Exchange Commission.
Source: Hemis Corporation

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