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Foraco International SA

10:23 AM EST - Foraco International SA : Issued the following statement: Last night at 2 a.m. local time, a group of terrorists attacked the small building where a Foraco team was sleeping and killed seven of them, plus one civil servant. Five other Foraco employees were wounded and two are in serious condition. The building had been chosen in agreement with the commander of the military escort which was insuring Foraco personnel security. Foraco is currently drilling a pair of deep water wells for the Niger Ministry of Water for a refugees camp to improve their quality of life in this very remote region. Foraco International SA shares T.FAR are trading unchanged at $0.50.