LAS VEGAS, Jan. 22, 2008 (PRIME NEWSWIRE) -- Centra Capital Corporation (Pink Sheets:CENC) today announced that the 2007 Annual Meeting of Shareholders was held on January 21, 2008. At such meeting, the Shareholders overwhelmingly approved all items contained within the Proxy, including the Merger with Diversified Mineral Group, Inc. and the elections of the new Board of Directors for the Company. The Company expects that the formal Merger Agreement will be signed by or before weeks end.
Corene E. Dion-King, the pre-merger Director of Centra stated, "I am pleased to welcome Jefferson Bootes and Diversified into Centra and very happy to be able to report to our Shareholders that I have accomplished my goal of bringing both short and long term value to the Shareholders of Centra."
Jefferson Bootes stated, "Our merger between Centra and Diversified opens new doors for the Shareholders of Centra bringing in Diversified and its coal mining operations in Kentucky. This marks a new beginning for our two Companies moving forward as we Mine the World."
More information about Diversified will be released in upcoming press releases including Diversified's short and long term goals. More information about Diversified can be found at the Company website at www.diversifiedmineral.com. The website is currently being expanded to include new and updated information.
About Centra Capital Corp.
Centra Capital Corp. is a development stage corporation mandated by its shareholders to seek out business opportunities to acquire or merge with to create value for its shareholders.
For more information available to the public, contact the investor relations department at 949-266-5539.
Forward-Looking Statements
This news release contains forward-looking statements made by Centra Capital Corporation in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.