NEWS - Bell Resources, Grandcru Resources and Rogue River Resources Announce Proposed Timeline for Completion of the Business Combination
posted on
Apr 08, 2008 05:00AM
Focused on the Exploration and Development through Partnership of its portfolio of Porphyry Copper Targets
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 8, 2008) - Bell Resources Corporation ("Bell") (TSX VENTURE:BL), Grandcru Resources Corporation ("Grandcru") (TSX VENTURE:GR) and Rogue River Resources Corp. ("Rogue River") (a non reporting company) are pleased to report on a proposed schedule for the completion of the business combination which received shareholder approval at the respective companies' Special Meetings held on March 28, 2008.
The remaining steps to complete the business combination involve third party execution and regulatory approvals. Based on updates from the parties involved, Bell believes the business combination should be completed on or about May 15, 2008 and includes the following steps:
- Distribution of transmittal letter to all shareholders
- Final Court Order
- Filing of all relative documents with the TSXV
- Filing of all relative documents with the Registrar of Companies
- Coordination between TSX Venture Exchange, the Registrar of Companies and the Companies' counsel for the specific date for delisting of Grandcru and listing of Bell Copper Corporation (TSX VENTURE:BCU)
On behalf of the Board of Directors of Bell Resources Corporation
W. Glen Zinn, President and CEO
Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION:
Bell Resources Corporation
Dwayne Diehl
Corporate Communications
(604) 669-1484
Email: info@bellresources.com
Website: www.bellresources.com