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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 | 00:00:00 |
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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