OAKVILLE, ON, May 18 /CNW/ - Yukon Gold Corporation, Inc. (the
"Company") (OTCBB: YGDC), is pleased to announce it has re-domiciled
the Company to the State of Nevada from the State of Delaware by way of
a merger into its wholly-owned Nevada subsidiary with the same name.
The Company's trading symbol will change for the next 20 business days
As part of the re-domiciling to Nevada, the shareholders approved an
increase in the authorized common shares to 500,000,000 and a roll back
of outstanding common shares of five (5) Delaware shares for one (1)
The Company undertook these changes as part of its re-organization and
to assist in acquiring new mineral properties for the development of
About Yukon Gold
Yukon Gold Corporation, Inc. is an exploration stage mining company,
going through a re-organization with the intent of increasing its value
to the shareholders.
FORWARD-LOOKING STATEMENTS: This news release contains certain
"forward-looking statements" within the meaning of Section 21E of the
United States Securities Exchange Act of 1934, as amended. Except for
statements of historical fact relating to the Company, certain
information contained herein constitutes forward-looking statements.
Forward-looking statements are frequently characterized by words such
as "plan", "expect", "project", "intend", "believe", "anticipate",
"estimate" and other similar words or statements that certain events or
conditions "may" or "will" occur. Forward-looking statements are based
on the opinions and estimates of management at the date the statements
are made and are subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ
materially from those projected in the forward-looking statements.
These factors include the inherent risks involved in the exploration
and development of mineral properties, the uncertainties involved in
interpreting drilling results and other ecological data, fluctuating
metal prices, the possibility of project cost overruns or unanticipated
costs and expenses, uncertainties relating to the availability and
costs of financing needed in the future and other factors. The Company
undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change. The
reader is cautioned not to place undue reliance on forwarding-looking
SOURCE Yukon Gold Corporation, Inc.
For further information:
Yukon Gold Corporation, Inc.
(905) 845-1073 or