Aben Resources Share Consolidation Approved
04 March 2014 - 7:26AM
Marketwired Canada
Aben Resources Ltd. (TSX VENTURE:ABN)(PINKSHEETS:ABNAF)(FRANKFURT:E2L) (the
"Company") is pleased to announce that further to its news release dated
February 21, 2014, the share consolidation is now effective as of today, March
3, 2014. At the Company's Annual and Special General Meeting held on February
20, 2014, shareholders approved a special resolution consolidating the Company's
share capital on the basis of one (1) new share for each ten (10) old shares.
The issued capital of the Company was 132,359,846 pre-consolidation and is
currently 13,235,984 less fractions where applicable, after the consolidation.
This transaction received approval from the TSX Venture Exchange on February 28,
2014. There is no name change in conjunction with the share consolidation.
Management of the Company believes that a consolidation of its share capital
will better position the Company to raise the funds it requires to finance its
ongoing business activities including the acquisition of mineral properties and
exploration and development of its properties.
The new ISIN issuance number is: CA00289T2074
The new CUSIP number is: 00289T207
About Aben Resources:
Aben Resources is a Canadian uranium and gold exploration company with projects
in Saskatchewan's Athabasca Basin, Yukon, and NWT. Aben holds an interest in
approximately 40,000 acres of highly prospective ground within the eastern flank
of the Athabasca Basin in northern Saskatchewan including a 40% interest in the
Mann Lake uranium project located 25 kilometres to the SSW of the McArthur River
Uranium Mine.
For further information on Aben Resources Ltd. (TSX VENTURE:ABN), visit our
Company's web site at www.abenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
James G. Pettit, President
Neither 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 release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Aben Resources Ltd.
James G. Pettit
President
604-687-3376 or Toll Free: 800-567-8181
Aben Resources Ltd.
Don Myers
Corporate Communications
604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)
info@abenresources.com
www.abenresources.com
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