SNS Precious Metals Inc.: Proposed Share Consolidation and Name Change
09 7월 2010 - 10:30PM
Marketwired
The Board of Directors of SNS Precious Metals Inc. (TSX VENTURE:
SNS) has agreed that the share capital of SNS should be
consolidated. SNS intends to convene a special meeting on September
13, 2010 for the purpose of placing before shareholders resolutions
which would authorize a consolidation of the Company's share
capital. The current proposal would be a rollback of the Company's
share capital on a 10 for 1 basis.
Incidental to the rollback, the Company is proposing to change
its name to Clearstone Mining Inc. or such other name as may be
passed by the Board of Directors and shareholders of the
Company.
SNS PRECIOUS METALS INC.
David Greenway, President
This press release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Security
Exchange Act of 1934, and involves a number of risks and
uncertainties. Important factors that could cause actual results to
differ materially from the Company's expectations are disclosed in
the Company's documents filed from time to time with the TSX
Venture Exchange and the British Columbia Securities Commission.
All statements, other than of historical fact, included herein are
forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements.
Contacts: SNS Precious Metals Inc. David Greenway (604) 689-0896
or Toll Free: 1-800-663-4567 dg@snspreciousmetals.com
www.snspreciousmetals.com
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