Admiral Bay Announces Share Consolidation Effective as of November 22nd, 2010
19 November 2010 - 3:25PM
Marketwired Canada
Admiral Bay Resources Inc. (TSX VENTURE:ADB) "Admiral Bay" or the "Company")
today announced that the Company has received the approval of the TSX Venture
Exchange regarding the consolidation of its issued common shares on the basis of
20 old shares for one new share. Effective at the opening of trading on November
22nd, 2010, the Company's common shares will be called for trading on the
Exchange on a consolidated basis. The Company's name and trading symbol "ADB"
will not change.
About Admiral Bay Resources
Admiral Bay Resources Inc. (www.admiralbay.com) is an emerging unconventional
gas production company focused on the development of projects in the Cherokee
Basin in southeast Kansas and the Appalachian Basin in Pennsylvania. Admiral Bay
is listed on the TSX Venture Exchange under the symbol ADB.
Statements in this release that are not historical facts are "forward-looking
statements" within the meaning of the U.S. Private Securities Litigation Reform
Act of 1995. Readers are cautioned that any such statements are not guarantees
of future performance and that actual developments or results may vary
materially from those in these "forward-looking statements".
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