Okana Ventures Inc. Issues Corporate Update

MEXICO CITY, Nov. 18, 2011 /CNW/ - Okana Ventures Inc. (OTCBB: OKNV) an exploration company, focused on the acquisition and development of gold and other precious commodity projects, outlines corporate strategy and provides an update to shareholders.

Corporate Update

As we come to a close of 2011, the Company felt it to be a good time to provide a recap of our accomplishments during the last six months and an overview of our corporate goals for 2012.

Our goal at Okana Ventures, first and foremost, is to enhance shareholder value. In March 2011 Maria Peralta was elected as a director and appointed President and Chief Executive Officer. Ms. Peralta has been involved with numerous exploration projects in Mexico and South America. We appointed Ms. Peralta as our officer and director, due to her significant experience with mineral exploration projects.

Management sees this as a long term commitment and is currently sourcing high quality resource exploration projects. The goal of the company ultimate goal is to develop a portfolio of projects of the highest quality and technical standards that yield probability for future production. We intend to accomplish our stated goals by adhering to the strictest standards of environmental and corporate compliance.

About Okana Ventures

Okana is a Mexican based exploration company, focused on the acquisition and development of gold and other precious commodity projects that are economically viable. Okana is a fully reporting company quoted on the OTCBB under the symbol OKNV.

Forward-Looking Statement

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to the acquisition of a quality resource exploration project.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

SOURCE Okana Ventures Inc.

For further information:

Maria Peralta  775-636-6986

Organization Profile

Okana Ventures Inc.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890