Bluerock Resources Ltd.: Stock Consolidation and Renaming of Corporation
2009年5月1日 - 8:18AM
Marketwired Canada
NOT FOR DISSEMINATION IN THE UNITED STATES OR VIA US NEWSWIRE SERVICES
Bluerock Resources Ltd. (TSX VENTURE:BRD) (the "Company") announces that
pursuant to receipt of shareholder approval at the Company's special meeting on
April 30, 2009, the Company's name and trading symbol will be changed to Argus
Metals Corp. - trading symbol AML:TSX Venture. Upon acceptance of filings with
the TSX Venture Exchange, the stock will be consolidated on a 1 for 15 basis
resulting in a share capital of 3,890,664 trading under the name "Argus Metals
Corp." and the symbol AML.
With the sale of the Company's US subsidiary in February of 2009 the company no
longer has a meaningful presence in the uranium market and will not be
constrained to a uranium focus going forward.
Pending acceptance by creditors, a share issuance is contemplated to settle
approximately $125,000 in debts with certain officers and creditors of the
Company.
The Company also announces the appointment of Alan C. Savage as a director of
the Company. Mr. Savage has been active in the resource sector since 1978.
Currently, Mr. Savage is a director of Copper Ridge Exploration Ltd. and
president of Southern Gold Resources Ltd.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael Collins, President and CEO
FORWARD LOOKING INFORMATION DISCLAIMER
Certain of the statements made and information contained herein is
"forward-looking information" within the meaning of applicable securities
legislation, including statements concerning our plans to raise private
placement funds, settle debts and consolidate our shares. Each of these
activities involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the Company
to be materially different from any future results, performance or achievements
expressed or implied by such forward-looking information. Risks include delays
in obtaining or failure to obtain required TSXV or shareholder approvals. There
is no assurance the Company will be able to find or acquire mineral properties
of the nature desired. Accordingly, readers are advised not to place undue
reliance on forward-looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to publicly update
or revise forward-looking information, whether as a result of new information,
future events or otherwise.
Broadway Gold Mining (TSXV:BRD)
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