Dallas, Texas (July 25, 2011) – StockGuru shines its Spotlight on Rider Exploration (OTCBB: REPL) (OTCQB: REPL), a Mining company headquartered in Las Vegas, Nevada. The Company announced Hakim, a prominent Indonesian businessman and financier, will be playing a lead role in the financing and management of Rider Exploration. The Company closed at $1.27 on July 22, 2011; on that date it did not trade.
Hakim, who goes by a single name as do many Indonesians, has extensive business interests throughout Indonesia as well as wide-ranging investments in Asia, U.S.A. and Europe.
As CEO of Creekproject, he provides strategic direction for overseas investments in precious and base metals mining projects as well as commercial, industrial and residential properties. Creekproject has a long history of investing in early-stage companies and making pre-IPO investments.
Hakim also serves as a director of PT Kimen Putra Utama and of PT Kimen Indo Utama.
PT Kimen Putra Utama is an international freight forwarding and transportation company for overseas companies in Indonesia. The firm provides warehousing facilities, transportation and freight forwarding services, and has a considerable asset base in warehouses, cranes, trucks, and in heavy industrial equipment and machinery.
PT Kimen Indo Utama in an investment company focusing on the agricultural sector. In addition to investing in palm oil, pineapple, coconut, cocoa and vegetable plantations throughout Indonesia, the company also has extensive interests in resort hotels, service apartments and agricultural land holdings.
Hakim graduated from Universitas Padjadjaran Bandung with a Bachelor of Economics degree.
Certain statements contained in this release are “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward-looking statements contained in this release relate to, among other things, future product releases, new opportunities, the Company’s ability to capitalize on new opportunities. They are generally identified by words such as “believes,” “may,” “expects,” “anticipates,” “should'” and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company’s beliefs and assumptions as of the date of this release. The Company’s actual results could differ materially due to risk factors and other items described in more detail in the “Risk Factors” section of the Company’s Annual Reports and MD&A filed with the United States Securities and Exchange Commission (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.
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