Swingplane Ventures, Inc. Provides Update Regarding Volatility in Stock Volume and Price
SANTIAGO, Chile, Feb. 22, 2013 /PRNewswire/ -- Swingplane Ventures, Inc. (OTC-BB: SWVI) (the "Company" or "Swingplane") is issuing the following news release as a result of inquiries made by the Autorite des Marches Financiers (AMF).
The Company is aware of the volatility in the trading volume and price of the Company's stock. The Company has had a number of shareholder and financier calls in regard to its property in Chile and has become aware of internet blogs and chat rooms providing information on the Company that may not be accurate. The Company has disseminated press releases in an effort to keep shareholders and potential financiers informed with accurate information on the Company and its acquisition of Mid Americas Corp.
Neither the Company nor its officers and directors are aware of any activity by stockholders or investor relations activity that may be the cause of this recent volume and price increase. The Company wishes to advise that the press releases issued by the Company contain accurate information in regard to the business of the Company and its acquisition, through Mid Americas Corp. of the Algarrobo property in Chile. The Company encourages anyone interested in investing, or learning more about Swingplane Ventures, Inc. to review the Company's filings with The Securities and Exchange Commission or on SEDAR.
President and Director
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