Admiral Bay Announces Share Consolidation Effective as of November 22nd, 2010
19 November 2010 - 4:25PM
Marketwired
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".
Neither the 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.
Contacts: Admiral Bay Resources Inc. Steven Tedesco President
& C.E.O. (303) 350-1255 (303) 617-8956 (FAX)
stedesco@admiralbay.com
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