Resinco CP (RIN.TO) - Neustart mit langfristiger Erfolgsaussicht (Seite 83)
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Lions Gate Metals options Poplar property in B.C.
2012-12-07 17:13 ET - News Release
Mr. Arni Johannson reports
LIONS GATE SHAREHOLDERS APPROVE SALE OF POPLAR PROJECT
Lions Gate Metals Inc. shareholders have approved the transaction, previously announced on Oct. 19, 2012, whereby the company will grant Canadian Dehua International Mining Inc. an option to acquire a 100-per-cent interest in the company's Poplar copper gold and silver project near Houston, B.C.
Pursuant to the terms of the option, Dehua earn up to a 100-per-cent interest in Poplar by providing $15-million in cash and performing work over a two-year period as follows:
1. $1-million upon receipt of shareholder and regulatory approval;
2. $1-million on the first anniversary of shareholder approval of the transaction;
3. $13-million on the second anniversary of shareholder approval of the transaction; and
4. Completion of 10,000 metres of drilling on the Poplar project.
Arni Johannson, chair and interim president and chief executive officer, commented: "Now with the formal process complete for the option sale we can move to building our relationship with Dehua and supporting their endeavours on advancing the Poplar project. The focus of the company will be to maintain our capital structure and look for new project generation. This is currently an extremely tough climate for mineral explorers; however, with difficulty comes tremendous opportunity and I feel Lions Gate is very well positioned to capitalize on these future opportunities."
We seek Safe Harbor.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:LGM-2023706…
Terreno amends payment terms of Argentine interests
2012-12-06 16:20 ET - News Release
An anonymous director reports
TERRENO RESOURCES CORP. REVISES ARGENTINA PROJECT TERMS
Terreno Resources Corp. has renegotiated payment terms, under which it can earn its interests in its Argentine projects as follows:
Poposa
Terreno and the vendor have agreed to extend the payments and expenditure requirements to earn into the Poposa project.
[...]
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:TNO-2023377…
Uranium Energy Corp Reports Fiscal 2013 Q1 Production Results and Provides Operations Update
Canada NewsWire
CORPUS CHRISTI, TX, Dec. 10, 2012
NYSE MKT Equities Exchange Symbol - UEC
CORPUS CHRISTI, TX, Dec. 10, 2012 /CNW/ - Uranium Energy Corp (NYSE MKT: UEC, the "Company") is pleased to report financial and production results for the first quarter ended October 31, 2012. Major first quarter highlights and subsequent events include the following:
The Goliad ISR Project is Fully Permitted for Production: The Company has received all of the required authorizations from the Texas Commission on Environmental Quality, including an Aquifer Exemption which has also now received concurrence from EPA Region 6. Goliad production will greatly increase throughput of U3O8 at the Hobson plant;
Additional Production Areas at Palangana: Production Area-3 development was completed and production has now commenced, with development and permitting activities continuing on Production Areas-4 and 5;
Sale of 50,000 Pounds U3O8 Generated Revenues of $2.2 Million: During the quarter, the Company sold 50,000 pounds of U3O8 at $43 per pound for gross proceeds of $2.2 million, with a cash cost per pound sold of $26 excluding royalties. Cash cost per pound increased this quarter due primarily to lower production volume;
Cumulative Sales to Date: Cumulative sales of U3O8 since commencement of production to October 31, 2012 total 320,000 pounds at a cash cost per pound sold of $20 excluding royalties;
Exploration Drilling on South Texas Projects Continues: The Company completed extensive drilling campaigns on the Burke Hollow and Channen Projects. Both projects are located within 50 miles of the Hobson plant; and
The Company's Balance Sheet Remains Strong: As of October 31, 2012, the Company had $17.2 million of cash in the treasury and 34,000 pounds of U3O8 available for sale in inventory with a market value of approximately $1.4 million. The Company is a debt-free, 100%-unhedged producer.
[...]
http://www.stockwatch.com/News/Item.aspx?bid=U-C7585-U%3aUEC…
Uranium Energy Corp Commences Production at Palangana's Production Area-3 in South Texas
Canada NewsWire
CORPUS CHRISTI, TX, Dec. 7, 2012
NYSE MKT Equities Exchange Symbol - UEC
CORPUS CHRISTI, TX, Dec. 7, 2012 /CNW/ - Uranium Energy Corp (NYSE MKT: UEC, the "Company") is pleased to announce the receipt of a Production Area Authorization from the Texas Commission on Environmental Quality (the "TCEQ"), allowing for the commencement of operations at Production Area-3 of the Company's Palangana Mine located in South Texas. This Authorization, the Company's third from the TCEQ, provides for in-situ recovery of uranium and extends the area of production at the Palangana Mine significantly to the southeast. With wellfields and well control facilities in place already, operations at Production Area-3 has commenced while operations at Production Areas 1 and 2 are ongoing.
President and CEO Amir Adnani stated, "This Authorization, in addition to the completion of permitting of the Company's Goliad project announced this week, is anticipated to significantly increase our uranium production in South Texas. In addition, the Company is continuing to permit and develop Production Areas 4 and 5 at Palangana."
About Uranium Energy Corp
Uranium Energy Corp is a U.S.-based uranium production, development and exploration company operating North America's newest emerging uranium mine. The Company's fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the Palangana in-situ recovery mine, which has recently expanded its initial production, and the Goliad in-situ recovery project, which is now fully permitted and in construction. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
Stock Exchange Information:
NYSE MKT: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
http://www.stockwatch.com/News/Item.aspx?bid=U-C7189-U%3aUEC…
2012-12-07 17:13 ET - News Release
Mr. Arni Johannson reports
LIONS GATE SHAREHOLDERS APPROVE SALE OF POPLAR PROJECT
Lions Gate Metals Inc. shareholders have approved the transaction, previously announced on Oct. 19, 2012, whereby the company will grant Canadian Dehua International Mining Inc. an option to acquire a 100-per-cent interest in the company's Poplar copper gold and silver project near Houston, B.C.
Pursuant to the terms of the option, Dehua earn up to a 100-per-cent interest in Poplar by providing $15-million in cash and performing work over a two-year period as follows:
1. $1-million upon receipt of shareholder and regulatory approval;
2. $1-million on the first anniversary of shareholder approval of the transaction;
3. $13-million on the second anniversary of shareholder approval of the transaction; and
4. Completion of 10,000 metres of drilling on the Poplar project.
Arni Johannson, chair and interim president and chief executive officer, commented: "Now with the formal process complete for the option sale we can move to building our relationship with Dehua and supporting their endeavours on advancing the Poplar project. The focus of the company will be to maintain our capital structure and look for new project generation. This is currently an extremely tough climate for mineral explorers; however, with difficulty comes tremendous opportunity and I feel Lions Gate is very well positioned to capitalize on these future opportunities."
We seek Safe Harbor.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:LGM-2023706…
Terreno amends payment terms of Argentine interests
2012-12-06 16:20 ET - News Release
An anonymous director reports
TERRENO RESOURCES CORP. REVISES ARGENTINA PROJECT TERMS
Terreno Resources Corp. has renegotiated payment terms, under which it can earn its interests in its Argentine projects as follows:
Poposa
Terreno and the vendor have agreed to extend the payments and expenditure requirements to earn into the Poposa project.
[...]
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:TNO-2023377…
Uranium Energy Corp Reports Fiscal 2013 Q1 Production Results and Provides Operations Update
Canada NewsWire
CORPUS CHRISTI, TX, Dec. 10, 2012
NYSE MKT Equities Exchange Symbol - UEC
CORPUS CHRISTI, TX, Dec. 10, 2012 /CNW/ - Uranium Energy Corp (NYSE MKT: UEC, the "Company") is pleased to report financial and production results for the first quarter ended October 31, 2012. Major first quarter highlights and subsequent events include the following:
The Goliad ISR Project is Fully Permitted for Production: The Company has received all of the required authorizations from the Texas Commission on Environmental Quality, including an Aquifer Exemption which has also now received concurrence from EPA Region 6. Goliad production will greatly increase throughput of U3O8 at the Hobson plant;
Additional Production Areas at Palangana: Production Area-3 development was completed and production has now commenced, with development and permitting activities continuing on Production Areas-4 and 5;
Sale of 50,000 Pounds U3O8 Generated Revenues of $2.2 Million: During the quarter, the Company sold 50,000 pounds of U3O8 at $43 per pound for gross proceeds of $2.2 million, with a cash cost per pound sold of $26 excluding royalties. Cash cost per pound increased this quarter due primarily to lower production volume;
Cumulative Sales to Date: Cumulative sales of U3O8 since commencement of production to October 31, 2012 total 320,000 pounds at a cash cost per pound sold of $20 excluding royalties;
Exploration Drilling on South Texas Projects Continues: The Company completed extensive drilling campaigns on the Burke Hollow and Channen Projects. Both projects are located within 50 miles of the Hobson plant; and
The Company's Balance Sheet Remains Strong: As of October 31, 2012, the Company had $17.2 million of cash in the treasury and 34,000 pounds of U3O8 available for sale in inventory with a market value of approximately $1.4 million. The Company is a debt-free, 100%-unhedged producer.
[...]
http://www.stockwatch.com/News/Item.aspx?bid=U-C7585-U%3aUEC…
Uranium Energy Corp Commences Production at Palangana's Production Area-3 in South Texas
Canada NewsWire
CORPUS CHRISTI, TX, Dec. 7, 2012
NYSE MKT Equities Exchange Symbol - UEC
CORPUS CHRISTI, TX, Dec. 7, 2012 /CNW/ - Uranium Energy Corp (NYSE MKT: UEC, the "Company") is pleased to announce the receipt of a Production Area Authorization from the Texas Commission on Environmental Quality (the "TCEQ"), allowing for the commencement of operations at Production Area-3 of the Company's Palangana Mine located in South Texas. This Authorization, the Company's third from the TCEQ, provides for in-situ recovery of uranium and extends the area of production at the Palangana Mine significantly to the southeast. With wellfields and well control facilities in place already, operations at Production Area-3 has commenced while operations at Production Areas 1 and 2 are ongoing.
President and CEO Amir Adnani stated, "This Authorization, in addition to the completion of permitting of the Company's Goliad project announced this week, is anticipated to significantly increase our uranium production in South Texas. In addition, the Company is continuing to permit and develop Production Areas 4 and 5 at Palangana."
About Uranium Energy Corp
Uranium Energy Corp is a U.S.-based uranium production, development and exploration company operating North America's newest emerging uranium mine. The Company's fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the Palangana in-situ recovery mine, which has recently expanded its initial production, and the Goliad in-situ recovery project, which is now fully permitted and in construction. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
Stock Exchange Information:
NYSE MKT: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
http://www.stockwatch.com/News/Item.aspx?bid=U-C7189-U%3aUEC…
Teslin River appoints Meyer CFO, McAdam, Boddy exit
2012-11-30 17:21 ET - News Release
Mr. John Icke reports
TESLIN RIVER RESOURCES CORP. ANNOUNCES MANAGEMENT CHANGES
Teslin River Resources Corp. has appointed Doris Meyer as chief financial officer and corporate secretary, effective Dec. 1, 2012, replacing David McAdam and Christina Boddy, who have resigned from these respective positions.
Ms. Meyer is a Canadian certified general accountant and currently holds the positions of chief financial officer and corporate secretary with several mineral exploration companies trading on the Alternative Investment Market, Toronto Stock Exchange and TSX Venture Exchange. Ms. Meyer gained her early experience in the mining industry as vice-president, finance, of Queenstake Resources Ltd. from 1985 to 2003 and as corporate secretary until 2004. While at Queenstake, she participated in, or led negotiations of, joint venture and acquisition agreements, as well as equity and debt financings. Ms. Meyer launched her private company Golden Oak Corporate Services Ltd. in October, 1996, with Queenstake as her first client. Since that time, Golden Oak has provided publicly traded mineral exploration companies with administrative, financial reporting and compliance services.
The board of directors wishes to thank Mr. McAdam and Ms. Boddy for their services to the company.
We seek Safe Harbor.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:TLR-2022019…
Uranium Energy Corp Receives Final Authorization for the Company's Goliad ISR Project in South Texas, Project is Now Fully Permitted for Production
Canada NewsWire
CORPUS CHRISTI, TX, Dec. 5, 2012
Construction at site now accelerating.
Goliad production along with Palangana's output to be processed at the Hobson processing plant.
Goliad production to greatly increase throughput of U3O8 at the Hobson plant.
CORPUS CHRISTI, TX, Dec. 5, 2012 /CNW/ - Uranium Energy Corp. (NYSE MKT: UEC, the "Company") is pleased to announce that the final authorization has been granted for production at its Goliad ISR Project in South Texas. As announced in previous press releases, the Company received all of the required authorizations from the Texas Commission on Environmental Quality ("TCEQ"), including an Aquifer Exemption ("AE"), and has been awaiting AE concurrence from EPA Region 6. In accordance with regulatory procedure, the EPA reviews AE applications after a Primacy State, such as Texas, has issued a mine permit and AE. EPA Region 6 has now completed its review and has issued its concurrence.
Amir Adnani, President and CEO, stated, "We are very pleased to have received this final authorization for initiating production at Goliad. Our geological and engineering teams have worked diligently toward achieving this major milestone and are to be truly commended. We are grateful to the EPA for its thorough reviews and for issuing this final concurrence. The Company's near-term plan is to complete construction at the first production area at Goliad and to greatly increase the throughput of uranium at our centralized Hobson processing plant."
The facility at Hobson is the foundation of the Company's regional hub-and-spoke operating strategy in the South Texas Uranium Belt, and processes uranium-loaded resins from satellite projects into the final product known as yellowcake or U3O8.
About Uranium Energy Corp
Uranium Energy Corp is a U.S.-based uranium production, development and exploration company operating North America's newest emerging uranium mine. The Company's fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the Palangana in-situ recovery mine, which has recently expanded its initial production, and the Goliad in-situ recovery project, which is now fully permitted and in construction. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
Stock Exchange Information:
NYSE MKT: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
http://www.stockwatch.com/News/Item.aspx?bid=U-C6432-U%3aUEC…
2012-11-30 17:21 ET - News Release
Mr. John Icke reports
TESLIN RIVER RESOURCES CORP. ANNOUNCES MANAGEMENT CHANGES
Teslin River Resources Corp. has appointed Doris Meyer as chief financial officer and corporate secretary, effective Dec. 1, 2012, replacing David McAdam and Christina Boddy, who have resigned from these respective positions.
Ms. Meyer is a Canadian certified general accountant and currently holds the positions of chief financial officer and corporate secretary with several mineral exploration companies trading on the Alternative Investment Market, Toronto Stock Exchange and TSX Venture Exchange. Ms. Meyer gained her early experience in the mining industry as vice-president, finance, of Queenstake Resources Ltd. from 1985 to 2003 and as corporate secretary until 2004. While at Queenstake, she participated in, or led negotiations of, joint venture and acquisition agreements, as well as equity and debt financings. Ms. Meyer launched her private company Golden Oak Corporate Services Ltd. in October, 1996, with Queenstake as her first client. Since that time, Golden Oak has provided publicly traded mineral exploration companies with administrative, financial reporting and compliance services.
The board of directors wishes to thank Mr. McAdam and Ms. Boddy for their services to the company.
We seek Safe Harbor.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:TLR-2022019…
Uranium Energy Corp Receives Final Authorization for the Company's Goliad ISR Project in South Texas, Project is Now Fully Permitted for Production
Canada NewsWire
CORPUS CHRISTI, TX, Dec. 5, 2012
Construction at site now accelerating.
Goliad production along with Palangana's output to be processed at the Hobson processing plant.
Goliad production to greatly increase throughput of U3O8 at the Hobson plant.
CORPUS CHRISTI, TX, Dec. 5, 2012 /CNW/ - Uranium Energy Corp. (NYSE MKT: UEC, the "Company") is pleased to announce that the final authorization has been granted for production at its Goliad ISR Project in South Texas. As announced in previous press releases, the Company received all of the required authorizations from the Texas Commission on Environmental Quality ("TCEQ"), including an Aquifer Exemption ("AE"), and has been awaiting AE concurrence from EPA Region 6. In accordance with regulatory procedure, the EPA reviews AE applications after a Primacy State, such as Texas, has issued a mine permit and AE. EPA Region 6 has now completed its review and has issued its concurrence.
Amir Adnani, President and CEO, stated, "We are very pleased to have received this final authorization for initiating production at Goliad. Our geological and engineering teams have worked diligently toward achieving this major milestone and are to be truly commended. We are grateful to the EPA for its thorough reviews and for issuing this final concurrence. The Company's near-term plan is to complete construction at the first production area at Goliad and to greatly increase the throughput of uranium at our centralized Hobson processing plant."
The facility at Hobson is the foundation of the Company's regional hub-and-spoke operating strategy in the South Texas Uranium Belt, and processes uranium-loaded resins from satellite projects into the final product known as yellowcake or U3O8.
About Uranium Energy Corp
Uranium Energy Corp is a U.S.-based uranium production, development and exploration company operating North America's newest emerging uranium mine. The Company's fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the Palangana in-situ recovery mine, which has recently expanded its initial production, and the Goliad in-situ recovery project, which is now fully permitted and in construction. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
Stock Exchange Information:
NYSE MKT: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
http://www.stockwatch.com/News/Item.aspx?bid=U-C6432-U%3aUEC…
Alle warten auf das Trading Halt von Woulfe Mining.Wäre interessant zu
wissen wie Resinco sich verhält wenn die Finanzierung steht bei WOF.
Ob es dann bei Resinco dann auch ein Trading Halt geben wird.
wissen wie Resinco sich verhält wenn die Finanzierung steht bei WOF.
Ob es dann bei Resinco dann auch ein Trading Halt geben wird.
http://rohstoffaktien.blogspot.de/2012/11/grafik-des-tages-f…
Der Rohstoffsektor ist schon extrem ausgebombt und viele Werte liegen unter den Asset Value.
Der Rohstoffsektor ist schon extrem ausgebombt und viele Werte liegen unter den Asset Value.
Woulfe Mining Corp kann sich sehr gut über die 0,35 CAD behaupten.
LGM,TNO,TLR bilden auch einen Boden wobei die Kursverluste der vergangene Zeit schon sehr extrem wirken.
LGM,TNO,TLR bilden auch einen Boden wobei die Kursverluste der vergangene Zeit schon sehr extrem wirken.
Trading Spotlight
Nur die Anteile von Woulfe Mining Corp sind momentan schon
26.600.000 Shares mal 0,37 gleich 9,82 Millionen CAD
Wert.
Der Markt ist wirklich am Ende und total verunsichert.
Das ist die beste Zeit zum investieren.
26.600.000 Shares mal 0,37 gleich 9,82 Millionen CAD
Wert.
Der Markt ist wirklich am Ende und total verunsichert.
Das ist die beste Zeit zum investieren.
Mal sehen wie lange die Unterbewertung von Resinco noch hält.
Antwort auf Beitrag Nr.: 43.852.637 von Hanfy am 22.11.12 16:24:08
http://stockcharts.com/h-sc/ui?s=WOF.V&p=W&b=5&g=0&id=p44347…
http://stockcharts.com/h-sc/ui?s=WOF.V&p=W&b=5&g=0&id=p44347…
Woulfe holders re-elect board, OK option plan at AGM
2012-11-21 18:56 ET - News Release
Mr. Brian Wesson reports
WOULFE ANNOUNCES AGM RESULTS
Woulfe Mining Corp.'s Brian Wesson, John Icke, David Constable, Amelia Wesson and Hubert Marleau were re-elected as directors of the company at the annual general meeting (AGM) held on Nov. 21, 2012. All the resolutions put forward in the proxy were passed by shareholders, including the ratification of the company's stock option plan and the advance notice policy adopted by the board on Oct. 22, 2012, both described in the company's information circular available on SEDAR.
We seek Safe Harbor.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-2016713…
Teslin River Resources Corp. Completes Stock Consolidation
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 22, 2012) - Teslin River Resources Corp. (TSX VENTURE:TLR) (the "Company" or "Teslin River") is pleased to announce that further to the Company's news release of November 13, 2012 the TSX Venture Exchange ("TSX-V") has approved the Company's share consolidation on the basis of five (5) pre-consolidation shares for (1) post-consolidation common share of the Company.
Effective as of the opening of markets on Thursday, November 22, 2012, Teslin River will begin trading on the TSX-V on a consolidated basis, under the current trading symbol of TLR. Teslin River will not change its name in connection with the consolidation. The post-consolidated common shares of the Company will be assigned a new CUSIP number of 881604 20 1. The Consolidation will reduce the number of outstanding common shares from 55,609,061 to approximately 11,121,812. No fractional common shares will be issued pursuant to the consolidation. Where the consolidation results in a fractional share, the number of post-consolidation common shares will be rounded down to the nearest whole common share and all such fractional interests will be cancelled.
The Company's currently outstanding stock options and share purchase warrants will also be adjusted on the same basis with proportionate adjustments being made to the exercise price.
About Teslin River Resources Corp.
Teslin River is an exploration company with interests in Nevada and British Columbia. The Company focuses on precious metals exploration with properties currently being explored in both Nevada and British Columbia. Existing properties include the Frasergold Project and Rand properties in British Columbia and the Morningstar property in Nevada.
ON BEHALF OF TESLIN RIVER RESOURCES CORP.
John Icke, Executive Chairman and Interim President and CEO
http://www.marketwire.com/press-release/teslin-river-resourc…
2012-11-21 18:56 ET - News Release
Mr. Brian Wesson reports
WOULFE ANNOUNCES AGM RESULTS
Woulfe Mining Corp.'s Brian Wesson, John Icke, David Constable, Amelia Wesson and Hubert Marleau were re-elected as directors of the company at the annual general meeting (AGM) held on Nov. 21, 2012. All the resolutions put forward in the proxy were passed by shareholders, including the ratification of the company's stock option plan and the advance notice policy adopted by the board on Oct. 22, 2012, both described in the company's information circular available on SEDAR.
We seek Safe Harbor.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-2016713…
Teslin River Resources Corp. Completes Stock Consolidation
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 22, 2012) - Teslin River Resources Corp. (TSX VENTURE:TLR) (the "Company" or "Teslin River") is pleased to announce that further to the Company's news release of November 13, 2012 the TSX Venture Exchange ("TSX-V") has approved the Company's share consolidation on the basis of five (5) pre-consolidation shares for (1) post-consolidation common share of the Company.
Effective as of the opening of markets on Thursday, November 22, 2012, Teslin River will begin trading on the TSX-V on a consolidated basis, under the current trading symbol of TLR. Teslin River will not change its name in connection with the consolidation. The post-consolidated common shares of the Company will be assigned a new CUSIP number of 881604 20 1. The Consolidation will reduce the number of outstanding common shares from 55,609,061 to approximately 11,121,812. No fractional common shares will be issued pursuant to the consolidation. Where the consolidation results in a fractional share, the number of post-consolidation common shares will be rounded down to the nearest whole common share and all such fractional interests will be cancelled.
The Company's currently outstanding stock options and share purchase warrants will also be adjusted on the same basis with proportionate adjustments being made to the exercise price.
About Teslin River Resources Corp.
Teslin River is an exploration company with interests in Nevada and British Columbia. The Company focuses on precious metals exploration with properties currently being explored in both Nevada and British Columbia. Existing properties include the Frasergold Project and Rand properties in British Columbia and the Morningstar property in Nevada.
ON BEHALF OF TESLIN RIVER RESOURCES CORP.
John Icke, Executive Chairman and Interim President and CEO
http://www.marketwire.com/press-release/teslin-river-resourc…
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