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UC HUB, INC.: UC Hub Group Signs Escrow Agreement With TSHL on Mining Properties

  //business-finance.news-articles.net/content/200 .. ow-agreement-with-tshl-on-mining-properties.html
  Published in Business and Finance on Thursday, June 18th 2009 at 11:03 GMT, Last Modified on 2009-06-18 11:03:38 by Market Wire
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LOS ANGELES, CA--(Marketwire - June 18, 2009) - UC Hub Group, Inc. (OTCBB: [ UCHB ]) announces the signing of an Escrow Agreement whereby the 190 million shares of UC Hub stock will be held according to a mutually executed escrow agreement. TSHL (PINKSHEETS: [ TSHL ]) will provide perfected titles and mining claim economics of said properties according to the Escrow Agreement in a timely fashion. Once these discrepancies and the specific terms of the Escrow Agreement are completed to mutual satisfaction the company may release said shares.

UC Hub continues to work diligently on the Montana gold and sapphire property during this escrow period and the specific terms of that agreement.

Safe Harbor Provision

This news release includes forward-looking statements, including some with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause actual results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of the Company, and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition, domestic and global economic fluctuations, and the like.