Business
SearchGold Resources Inc. announces results of special meeting of shareholders and intention to proceed with share consolidation
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED ...
About this update from Rocky Shore Gold Limited
[{"type":"text","content":"\n\n\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\n DISSEMINATION IN THE UNITED STATES/\n\n\nSymbol : RSG - TSXV\nS1O - FSE\n\n\nTORONTO, Oct. 7, 2011 /CNW/ - SearchGold Resources Inc. (\"SearchGold\" or\n the \"Company\" - TSXV:RSG, FSE:S1O) is pleased to announce that at a\n special meeting of shareholders held earlier today in Montreal, Quebec,\n shareholders of the Company approved the: (i) consolidation of the\n Company's issued and outstanding common shares; (ii) a change in the\n registered office of the Company from Quebec to Ontario; and (iii) new\n short-form by-laws which conforms with relevant statutory provisions.\n\n\nFollowing the successful results of the shareholder meeting, the Board\n of Directors of the Company approved proceeding to initiate the share\n consolidation and submit the required documentation for approval by the\n TSX Venture Exchange. The share consolidation will occur on the basis\n of one (1) post consolidation common share for every eight (8)\n pre-consolidation common shares which are issued and outstanding, or\n such other consolidation ratio that the directors of the Company deem\n necessary, such ratio to be no greater than one (1) post consolidation\n common share for each eight (8) pre-consolidation common shares. The\n share consolidation remains subject to approval by the TSX Venture\n Exchange. The Company will make a further announcement regarding the\n particulars of the share consolidation once it receives the required\n regulatory approval from the TSX Venture Exchange.\n\n\nAbout SearchGold Resources\n\n\nSearchGold is a Canadian-based mining exploration company whose primary\n mission is to target, explore and develop gold deposits in Africa. The\n Company is currently involved in Burkina Faso and Guinea.\n\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider\n (as that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release.\n\n\nExcept for statements of historical fact contained herein, the\n information in this press release may constitute \"forward-looking\n information\" within the meaning of Canadian securities law.  Other than\n statements of historical fact, all statements are \"forward-looking\n statements\", including statements concerning...