AUSTIN, Texas, July 18, 2008 (PRIME NEWSWIRE) -- Mar Ked Mineral Exploration, Inc. (OTCBB:MKED), announces today that a 3 for 2 forward split of the Company's common stock will be effective at the opening of business on July 21, 2008. This action means that for every 2 shares of MKED stock outstanding at the time of the stock split will be converted into three shares of MKED stock. Based on the number of shares currently outstanding, the stock split will increase the number of outstanding shares of common stock from approximately 10,900,000 shares to approximately 16,350,000 shares.
"The purpose of the stock split is to make more shares available in the public float and to adjust the Company's capital structure to better position it for future capital-raising transactions," stated Ross Silvey, CEO of Mar Ked Mineral Exploration, Inc.
Forward-Looking Statements in this news release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only, and is not an offer or solicitation to buy or sell the securities.