Knight Resources to Proceed With Share Consolidation and Name Change
April 21 2011 - 6:30PM
Marketwired
Mr. David Patterson, Chairman of Knight Resources Ltd. (TSX
VENTURE: KNP)(FRANKFURT: KRL), reports that the Company is
proceeding with the consolidation of the issued and outstanding
common shares in the capital of the Company on the basis of one
post-consolidation common share for every 19 pre-consolidation
common shares issued and outstanding. At the most recent annual
general meeting on February 17, 2011, shareholders voted in favour
of proceeding with the consolidation of shares. Details of the
proposed share consolidation are set forth in Knight Resources'
management information circular and filed under the Company's
profile on SEDAR.
In addition, the Company is proceeding with a name change from
Knight Resources Ltd. to Knight Metals Ltd.
The proposed share consolidation and name change are subject to
TSX Venture Exchange acceptance.
ON BEHALF OF THE BOARD OF KNIGHT RESOURCES LTD.
David Patterson, Chairman
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 news release.
Contacts: Knight Resources Ltd. Andrea Magee (604) 684-6535
(604) 602-9311 (FAX) knight@bed-rock.com www.knightresources.ca
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