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This content is a press release from our partner Globe Newswire. The AP newsroom and editorial departments were not involved in its creation.
PRESS RELEASE from provider: Globe Newswire
This content is a press release from our partner Globe Newswire. The AP newsroom and editorial departments were not involved in its creation.

Dinatrum confirms no Reverse Split

March 1, 2019

MONTREAL, March 01, 2019 (GLOBE NEWSWIRE) -- Dinatrum/Alumifuel Power Corporation (“Dinatrum” or the “Company”) (OTC Markets: AFPW) March 1st, 2019, Mr. Pedro Villagran-Garcia, President & CEO, is pleased to confirm that the company is not making a Reverse Split since at this moment we deemed it unnecessary. Several shareholders have been asking if we are planning to complete a Reverse Split. At this stage we are not. It is important to mention that enough momentum in an upward direction must be engaged. Not doing this could be highly detrimental to price per share during these initial phases.

The company is also working on the preparation of outlining the following within its Financial Department:

-- Scope of Work that would include Auditing, Appraisals and Preparing Accounting -- Define Transaction Steps to Financing -- The company is preparing a Check List for Bond Offering (PPM) -- Flow Chart of Project-Financing Process

The company recognizes the importance of presenting Financial Statements and is working daily to present them to OTC Markets. Further announcements and updates will be made as deemed necessary.

The Company’s name change, and new trading symbol will be effective in the over-the-counter markets when FINRA has completed its review of the Company’s application for the name change.

DINATRUM, INC./ALUMIFUEL POWER CORPORATIONDINATRUM is a Real Estate Investment Trust with projects within North America.

On behalf of the Board,

Pedro Villagran-Garcia, President & CEODinatrum

For further information, please contact the company at 1-971-285-4570 or by email at info@dinatrum.com

Forward Looking StatementsCertain information contained in this press release, including any information as to our strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance, constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, are forward-looking statements. The words “believe,” “expect,” “will,” “anticipate,” “contemplate,” “target,” “plan,” “continue,” “budget,” “may,” “intend,” “estimate,” “project” and similar expressions identify forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.