Welcome To The Argus Metals Corp HUB On AGORACOM

Uranium, Gold and Base Metals.

Free
Message: Stock Consolidation and Renaming of Corporation & Symbol Change
Reply New Message
Prev Message Back To Forum Threaded View Next Message

Stock Consolidation and Renaming of Corporation & Symbol Change

posted on Apr 30, 2009 03:26PM
Bluerock Resources Ltd.
TSX VENTURE: BRD
Other Recent News
April 30, 2009
Bluerock Resources Ltd.: Stock Consolidation and Renaming of Corporation
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 30, 2009) -

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
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply