Auracle Resources Ltd. Commences Trading on TSX Venture Exchange
28.07.2011 | Marketwire
VANCOUVER, July 28, 2011 - Auracle Resources Ltd. (the “Company“) - The Company is pleased to announce that the TSX Venture Exchange “TSX.V“ has accepted the Company's listing application (The Listing Application) and the Company's common shares are scheduled to commence trading on the TSX.V at the opening on July 29, 2011 under the trading symbol AAL.Haywood Securities Inc. is the sponsoring broker for the Company's listing.
The Company currently has 25,702,380 common shares issued and outstanding of which 14,265,001 are subject to escrow restrictions, to be released as to 10% on the Listing Date and 15% every six months thereafter, all as described in the Listing Application.
Listing Application support material is available for review on SEDAR.
Directors and Officers of the Company are as follows:
Robin Forshaw, CEO and Director
George Nicholson, Director
Richard Simpson, Director
Ross McCutcheon, Director
Alaudin (Anil) Sachedina, Director
Mark Gelmon, CFO
E. Louise Davey, Treasurer
Megan Thiel, Corporate Secretary
The Company would like to thank shareholders for their support and look forward to initiating the exploration program as outlined in the Company's 43-101 report on the Mexican Hat gold project.
ON BEHALF OF THE BOARD OF DIRECTORS,
Robin Forshaw
President & CEO
Cautionary Note:
This news release contains forward-looking statements regarding the Company's intended use of proceeds from its private placement. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. There is no assurance that the Company will expend the proceeds of the private placement in the manner contemplated. Actual results may differ materially from those currently anticipated in such statements.
Contact Information
Auracle Resources Ltd.
Robin Forshaw, President & CEO
604-682-1845