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Shamika 2 Gold, Inc. Letter to Shareholders

 

NEW YORK, July 11, 2012 /PRNewswire/ -- The following is a letter from Henry Riedl in regards to a general update of the business:

Dear Shareholders,

As many of you know, Shamika 2 Gold, Inc. (OTC-BB: SHMX) reconstituted its management team on March 20, 2012.  I have taken over the roles of President, CEO and Interim CFO.  Kim Koffel, previously a member of the Board, also assumed the role as Chief Operating Officer for which the Company is pleased to take advantage of his considerable expertise. In addition, the Company's other Board members and executive officers resigned as of that date.  Terence Ortslan was also re-appointed to the Board and we welcome his considerable mining expertise.

Since that time, management has spent considerable time and effort in maintaining the Company's  required filings and updating its website.

Previous management has been replaced and are no longer involved in the affairs of the Company.  As a result, overhead expenses have been reduced to a strict minimum and will remain at this level for the foreseeable future.  We are in the process of rebuilding the management team.

We are actively reviewing and evaluating mining properties that have a medium term possibility of generating cash flow.  We have finalized two rounds of financing with an investor that have permitted the Company to remain current in its SEC and State of Nevada filings.

We have reactivated the website.  However, we are in the process of revising its content so that it fully represents the activities of the Company.

Yours Truly,

s/Henry Riedl

s/Kim Koffel

Henry Riedl

Kim Koffel

President, CEO and Director

Chief Operating Officer and Director

SOURCE Shamika 2 Gold, Inc.

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