St. John’s, Newfoundland and Labrador: Red Moon Potash Inc. (“the Company” – “Red Moon” TSX-V: RMK), announces that pursuant to a resolution passed by shareholders at the Annual and Special meeting of Shareholders on November 4, 2016, the Company has changed its name to Red Moon Resources Inc. There is no consolidation of capital and no change in the trading symbol (RMK).
Effective at the opening Tuesday, December 20, 2016, the common shares of Red Moon Resources Inc. will commence trading on TSX Venture Exchange and the common shares of Red Moon Potash Inc. will be delisted. The Company is classified as a ‘Mining’ company.
Shareholders are advised that share certificates will automatically be transferred into the new corporate name of Red Moon Resources Inc. and no action is required but if registered shareholders wish to exchange their old certificate for a new one they can forward the request to the Transfer Agent.
|Capitalization:||Unlimited shares with no par value of which 48,050,004 shares are issued and outstanding|
|Escrow:||Nil Escrowed Shares|
|Transfer Agent:||Computershare Trust Company of Canada|
|Trading Symbol:||RMK (unchanged)|
|CUSIP Number:||75678X100 (new)|
We seek Safe Harbor.
Red Moon is an exploration company advancing the Captain Cook salt deposit towards development in Western Newfoundland. Vulcan Minerals Inc. (TSX.V: VUL) owns approximately 67% of the common shares of Red Moon.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations. Certain risk factors beyond the Company’s control may affect the actual results achieved. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except by law, the Company undertakes no obligation to publicly update or revise forward-looking information.
For information please contact:
Patrick J. Laracy, President