Santa Rosa Resources Corp. to proceed with Stock Consolidation

About this update from Santa Rosa Resources Corp.

[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, Nov. 19, 2012 /CNW/ - Santa Rosa Resources Corp. (TSX\n Venture: STR.H) is pleased to announce it intends to proceed with the\n consolidation of its common shares on a one new for ten old (1:10)\n basis.\n\n\nThe shareholders of Santa Rosa approved the consolidation at the annual\n general meeting of shareholders held on November 15, 2012. At the\n meeting, 32.13% of Santa Rosa shareholders were represented in person\n or by proxy. The consolidation was approved with 99.78% of the common\n shares being voted in favor of the consolidation.\n\n\nSanta Rosa currently has 44,713,238 issued and outstanding common\n shares. On completion of the consolidation, Santa Rosa will have\n approximately 4,471,323 common shares issued and outstanding. The exact\n number of post-consolidation shares will vary depending upon the\n treatment of fractions which will occur when each shareholder's\n holdings are consolidated.\n\n\nThe consolidation is subject to acceptance for filing by the TSX Venture\n Exchange.\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as\n that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release.\n\nSOURCE: Santa Rosa Resources Corp.\n\n\n Contact:  Garth Albright, CFO 604-630-5657 / [email protected]  \n","length":1612,"tagName":"div"}]

More updates from Santa Rosa Resources Corp.