Oct 13 2010
Golden Chalice Resources Inc. (TSX VENTURE:GCR) has announced that shareholders of the Company and the TSX Venture Exchange have approved the consolidation of the Company's shares on a 9:1 basis.
Effective October 13, 2010 the Company will trade under its new name of Rogue Resources Inc. (TSX VENTURE:RRS).
CONSOLIDATION AND NAME CHANGE:
At the Company's Annual General and Special Meeting held on October 6, 2010, shareholders approved a consolidation of its share capital on the basis of one (1) new common share for every existing nine (9) common shares (the "Consolidation"). Where the exchange resulted in a fractional share, the number of common shares will be rounded to the nearest whole common share. The Consolidation will enhance the marketability of the common share as an investment and facilitate additional financings to fund future operations. Shareholder and Exchange approval of the Consolidation has been received with the record date set as October 13, 2010. The Company now has a total 17,456,990 common shares issued and outstanding. As part of the Consolidation, the name of the Company was changed to Rogue Resources Inc.
Source: Golden Chalice Resources Inc.