CALGARY, Dec. 14, 2012 /CNW/ - Top Strike Resources Corp. ("Top Strike"
or the "Corporation") (NEX - TSR.H) is pleased to announce that it has
changed its name from "Colossal Resources Corp." to "Top Strike
Resources Corp." (the "Name Change") and has continued from the
Province of British Columbia to the Province of Alberta (the
"Continuance") pursuant to resolutions passed by shareholders of the
Corporation at the annual and special meeting held November 29, 2012.
The Name Change and Continuance were effective December 13, 2012.
Copies of the Articles of Continuance are available on the
Corporation's SEDAR profile at www.sedar.com.
The Corporation is also pleased to announce that it has closed its
previously announced non-brokered private placement of 4,273,666 units
("Units") at a price of $0.12 per Unit for aggregate subscription
proceeds of $512,839.92 (the "Offering"). Each Unit is comprised of one
common share and one half of one common share purchase warrant of the
Corporation with each such whole warrant entitling the holder to
acquire one common share at a price of $0.20 for a period of 12 months
from the date of issuance. An insider of the Corporation participated
in the Offering and purchased an aggregate of 125,000 Units, or 2.65%
of the Offering. The common shares and warrants are subject to a hold
period under applicable securities laws until April 15, 2013.
Neither the 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.
SOURCE: Top Strike Resources Corp.
For further information:
Top Strike Resources Corp.
Mr. Dale Styner
President & Chief Executive Officer
Phone: (800) 610-7650