Litewave Corp. (Litewave), incorporated on June 30, 1989, is a development-stage company whose primary business has been in the oil and gas industry, acquiring 50% networking interest in various leases and drilling or planning to drill natural gas wells in the States of Kansas, Missouri and Oklahoma, in the United States. The Company had the right to a 50% net working interest in 16 leases covering a total of 4,036 undeveloped acres. The Bourbon County, Kansas project encompassed 2,905 acres of prospective natural gas lands on 10 leases. The Vernon County, Missouri project comprised five leases for 974 acres. The Woods County, Oklahoma lease covers 157 acres.
During the fiscal year ended December 31, 2008, the Company had been seeking an alternative resource project. The Company entered into an agreement to acquire a 50% interest in 8 Platinum Group Metal mineral exploration properties located north and West of the town of Baie-Comeau, Quebec from St-Georges Minerals Inc. and a further joint acquisition of a strategic Nickel-Copper-PGE project, the Villebon Property, in the Val-d’Or Mining Camp, northern Quebec.
LiteWave Corp. is a US-based company engaged in oil and gas exploration and production. It discovers economic reserves and expand its production activities through targeted acquisitions of producing and prospective lands. The company also develops programs for building net asset value and providing shareholders with an above average return. LiteWave was originally founded in June 1989 as the Homefront Safety Services of Nevada, Inc. It changed its name to LiteWave in 1999. The company has a registered business address located in Los Angeles, California.
The company focuses its operations from fields in the continental United States. Its properties have been targeted for delivery of the products to transmission infrastructure and into the growing demand generated by the US and Canadian economies. LiteWave has developed and expanded its coal gas methane property in Bourbon County, Kansas.
LiteWave’s shares are listed on the NASDAQ OTC Bulletin Board under the symbol LTWV.
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