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KEX Bayhorse Silver, Inc.

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Share Name Share Symbol Market Type
Bayhorse Silver, Inc. TSXV:KEX TSX Venture 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 -

Kent Exploration Announces Record Date for Consolidation

11/10/2012 10:22pm

Marketwired Canada


Kent Exploration Inc. (TSX VENTURE:KEX)(PINKSHEETS:KXPLF)(FRANKFURT:7KX) (the
"Company" or "Kent") reports that it has completed the consolidation of its
common shares on the basis of one (1) new common share for ten (10) old common
shares as approved by shareholders at the Company's annual meeting of
shareholders held on September 25, 2012. Effective Monday, October 15, 2012, the
common shares of the Company will commence trading on the TSX Venture Exchange
on a consolidated basis.


Letters of transmittal describing the process by which shareholders may obtain
new share certificates representing their consolidated common shares will be
mailed to the registered shareholders. Shareholders who hold their shares
through a broker or other intermediary and do not have shares registered in
their own name will not be required to complete a letter of transmittal. No
fractional shares will be issued under the share consolidation and any fraction
will be rounded down to the nearest whole number.


Following the consolidation and subject to rounding, the Company will have
issued and outstanding 8,947,118 common shares and 281,500 stock options and
2,897,580 warrants.


Kent Exploration Inc. is a junior exploration company with a 100% interest in
all its major projects, and is planning on building shareholder value through
establishing cash flow from its Flagstaff Mountain, WA, barite mine, and then
from its now wholly owned bentonite property in Nevada. Any positive cash flow
is intended to reduce dilution and fund exploration on its three major gold
prospects (Alexander River, Paparoa and Lyell), in the highly prolific West
Coast South Island gold fields of New Zealand. Additional shareholder value has
been established through its approximately 18% interest in Archean Star
Resources Inc, ("Archean") which is listed on the TSX Venture Exchange under the
symbol ASP.


The Company has an experienced management and technical team with extensive
exploration expertise and offers investors the potential for a major gold
discovery on its New Zealand gold projects.


This News Release has been prepared on behalf of the Kent Exploration Inc. Board
of Directors, which accepts full responsibility for its contents.


ON BEHALF OF THE BOARD

Graeme O'Neill, President

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