TORONTO, ONTARIO — (Marketwire) — 07/18/12 — Renforth Resources Inc. („Renforth“ or the „Company“) (CNSX: RFR) announces that it has consolidated all of its issued and outstanding common shares on the basis of five (5) pre-consolidation shares for one (1) post-consolidation share. The record date for the share consolidation is Tuesday July 24, 2012. Pursuant to CNSX Policy, the shares will commence quotation on the CNSX system on a consolidated basis on Friday July 20, 2012.
This consolidation remains subject to CNSX approval. No fractional shares will be issued upon consolidation and in the case where the consolidation results in a shareholder otherwise becoming entitled to a fraction of a common share; a downward adjustment will be made to the next whole common share.
A Letter of Transmittal will be mailed to registered shareholders of Renforth on or before July 20, 2012 to be used by shareholders to exchange their current share certificates for certificates representing the consolidated number of shares. No action is required by non-registered shareholders, who hold common shares of Renforth through an intermediary, to effect consolidation of their beneficially held common shares.
ABOUT RENFORTH
Renforth Resources Inc. is a Toronto-based company engaged in exploration for gold, primarily in areas of historic activity in the vicinity of Red Lake Ontario.
No securities regulatory authority has approved or disapproved of the contents of this news release.
Contacts: Renforth Resources Inc. Nicole Brewster President and Chief Executive Officer (416) 368.5049 (416) 368.3151 (FAX)
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