CHX Charger Energy Corp

Cash Minerals Ltd. (TSX VENTURE:CHX) is pleased to announce that pursuant to a
special resolution passed by the shareholders of the Company at its annual and
general meeting held on June 10, 2010, the Company has consolidated its common
shares on the basis of one new common share for every twenty old common shares
held and has changed its name to "Pitchblack Resources Ltd.". Effective June 25,
2010, the common shares of the Company will commence trading on the TSX Venture
Exchange on a consolidated basis under the name "Pitchblack Resources Ltd." with
the new trading symbol "PIT". 


Equity Transfer & Trust Company, the Company's transfer agent, will act as agent
for the purposes of implementing the exchange of share certificates. Transmittal
forms have been mailed to shareholders of record as of May 10, 2010, included as
part of the proxy materials sent to shareholders. The letter of transmittal will
also be accessible under the SEDAR profile of the Company at www.sedar.com.


In addition, the Company announces that the Heads of Agreement with East Asian
Minerals Corporation for the purchase of a 100% interest in EAM Exploration LLC
has been terminated.


Cash Minerals has uranium, coal and gold assets in the Yukon Territory, Canada.
The Company is currently reviewing the potential of these properties but does
not plan any extensive field work in 2010 and may seek to sell its interest in
the properties.


Cautionary Note Regarding Forward-Looking Information 

This press release contains "forward looking information" within the meaning of
applicable Canadian securities legislation. Forward looking information
includes, but is not limited to, statements with respect to the future financial
or operating performance of the Company, its subsidiaries and its projects, the
effect of the share consolidation, the termination of the proposed agreement,
exploration prospects, requirements for additional capital and regulatory
approvals. Generally, forward looking information can be identified by the use
of forward-looking terminology such as "plans", "expects" or "does not expect",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking information, including but not
limited to: financing not being available at desired prices; general business,
economic, competitive, political and social uncertainties; the actual results of
current exploration activities; timing and availability of external financing on
acceptable terms; conclusions of economic evaluations; competition; future
prices of mineral prices; failure of plant, equipment or processes to operate as
anticipated; accidents, labour disputes and other risks of the mining industry;
and, delays in obtaining governmental approvals or required financing or in the
completion of activities. Although the Company has attempted to identify
important factors that could cause actual results to differ materially from
those contained in forward-looking information, there may be other factors that
cause results not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward looking
information. The Company does not undertake to update any forward-looking
information, except in accordance with applicable securities laws.

Charger Energy Corp (TSXV:CHX)
Historical Stock Chart
From Apr 2024 to May 2024

Charger Energy Corp (TSXV:CHX)
Historical Stock Chart
From May 2023 to May 2024