Mr. Aleem Nathwani reports
ROSS RIVER MINERALS INC. ANNOUNCES PROPOSED SHARE CONSOLIDATION
Ross River Minerals Inc. intends to consolidate the common shares in the capital of the company on the basis of one postconsolidation common share for up to 10 preconsolidation common shares. The Consolidation is intended to make the company more attractive to potential new investors.
The consolidation was approved by the board of directors of the company in accordance with the articles of the company but remains subject to the approval of the NEX board of the TSX Venture Exchange. The company will issue a further news release announcing the effective date and final consolidation ratio in connection with the consolidation upon receiving exchange approval.
The company will not be changing its name in conjunction with the consolidation.
We seek Safe Harbor.
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