Yale Resources Ltd. (TSX-V: YLL) is pleased to announce that the TSX Venture Exchange has approved the consolidation of its issued and outstanding share capital such that every ten (10) existing shares are consolidated into one (1) new share effective May 28, 2013. Additionally, as of the same date the Company’s name will be changed to Alta Vista Ventures Ltd. The share consolidation and name change received TSX Venture Exchange acceptance on May 28, 2013.
The shares of the Company will commence trading on the TSX Venture Exchange on a consolidated basis under the name Alta Vista Ventures Ltd. on May 29, 2013 with the trading symbol AVV.V. Following the consolidation, the Company will have a total of 8,104,138 shares issued and outstanding.
Management of the Company believes that the consolidation of its share capital will better position the Company to advance its project generator business model and raise the funds it requires to finance its on-going business activities including the acquisition of additional mineral properties, the exploration and development of its existing properties, and finding optionees for its available properties.
About Alta Vista Ventures Ltd.:
Alta Vista Ventures utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Alta Vista currently has eight projects in its portfolio and has generated an average of $350,000 in revenue per year over the past three years. For further information on the available projects please visit www.altavistaventures.ca.
On behalf of the Board,
“Ian Foreman”
Ian Foreman, P.Geo.
President
The shares of the Company will commence trading on the TSX Venture Exchange on a consolidated basis under the name Alta Vista Ventures Ltd. on May 29, 2013 with the trading symbol AVV.V. Following the consolidation, the Company will have a total of 8,104,138 shares issued and outstanding.
Management of the Company believes that the consolidation of its share capital will better position the Company to advance its project generator business model and raise the funds it requires to finance its on-going business activities including the acquisition of additional mineral properties, the exploration and development of its existing properties, and finding optionees for its available properties.
About Alta Vista Ventures Ltd.:
Alta Vista Ventures utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Alta Vista currently has eight projects in its portfolio and has generated an average of $350,000 in revenue per year over the past three years. For further information on the available projects please visit www.altavistaventures.ca.
On behalf of the Board,
“Ian Foreman”
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
