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BXV Bexar Ventures Inc

0.15
0.00 (0.00%)
10 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bexar Ventures Inc CSE:BXV CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.15 0.075 0.68 0 01:00:00

Bard Ventures Ltd. & Beatrix Ventures Inc.: Arrangement Completed

15/03/2010 11:00am

Marketwired Canada


Bard Ventures Ltd. ("Bard") (TSX VENTURE:CBS) and Beatrix Ventures Inc.
("Beatrix") (CNSX:BXV) announce that further to the news releases of Bard dated
October 9, 2009 and March 9, 2010, the Plan of Arrangement, which resulted in
the Opikeigen Gold Property and $250,000 cash being transferred from Bard to
Beatrix, closed on March 15, 2010, the effective date of the Arrangement.
Beatrix begins trading today, March 15, 2010, on the CNSX under the symbol BXV.


Under the Plan of Arrangement, persons who were registered as shareholders of
Bard on March 15, 2010 will be entitled to receive one common share of Beatrix
for every 10 Bard common shares held by them. This provides the Bard
shareholders with continued exposure to each company's potential upside,
additional growth opportunities and anticipated higher capital markets
valuations for the two distinct asset bases. The Beatrix share certificates are
expected to be mailed to Bard shareholders on or about March 19, 2010.


Bard's Opikeigen Gold Property will now be held by Beatrix. This Arrangement
will allow Bard to focus its resources on the Lone Pine Molybdenum Property
while Beatrix can aggressively pursue the advancement of its base metal
Opikeigen Gold Property.


On behalf of:

Bard Ventures Ltd.

Eugene Beukman, President

Follow us on Twitter at http://twitter.com/bardventures

Join the Molybdenum Group on Facebook
http://www.facebook.com/group.php?gid=113244697106 


Become a Bard Ventures Fan on Facebook at
http://www.facebook.com/home.php?#/pages/Bard-Ventures/88081448028?ref=nf 


For further information please visit our website at www.bardventures.com

This release includes certain statements that may be deemed to be
"forward-looking statements" within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. All statements in this release, other than
statements of historical facts, that address future production, reserve
potential, exploration and development activities and events or developments
that the Company expects, are forward-looking statements. Although management
believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future
performance, and actual results or developments may differ materially from those
in the forward-looking statements. Factors that could cause actual results to
differ materially from those in forward-looking statements include market
prices, exploration and development successes, continued availability of capital
and financing, and general economic, market or business conditions. Please see
our public filings at www.sedar.com for further information.


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