Aben Resources Share Consolidation Approved
04 March 2014 - 8:26AM
Marketwired
Aben Resources Share Consolidation Approved
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 3, 2014) - 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.
Aben Resources Ltd.James G. PettitPresident604-687-3376 or Toll
Free: 800-567-8181Aben Resources Ltd.Don MyersCorporate
Communications604-687-3376 or Toll Free:
800-567-8181604-687-3119info@abenresources.comwww.abenresources.com
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