VANCOUVER, Nov. 7, 2014 /CNW/ - On November 7, 2014, Westminster Resources Ltd. (the "Company") received TSX Venture Exchange approval for its proposed share consolidation. Effective as at the opening of trading on November 10, 2014, the consolidated shares of the Company will commence trading on the TSX Venture Exchange on the basis of one post-consolidated common share for every 10 pre-consolidated common shares held.
As at November 7, 2014, the Company had 113,272,926 shares issued and outstanding. Post-consolidation, the Company will have 11,327,292 shares issued and outstanding. The Company's new CUSIP number is 960755205 and the new ISIN number is CA9607552051. A letter of transmittal with respect to the consolidation will be mailed to the shareholders of the Company.
All shareholders with physical certificates in hand will be required to send their respective certificates representing the pre-consolidated common shares along with a completed letter of transmittal to the Company's transfer agent, Computershare Investor Services Inc. in Vancouver, BC, all in accordance with the instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be obtained through Computershare in Vancouver. All shareholders that submit a duly completed letter of transmittal along with their respective pre-consolidated share certificates(s) to Computershare will receive in return a post-consolidated share certificate.
ON BEHALF OF THE BOARD OF DIRECTORS
WESTMINSTER RESOURCES LTD.
"Glen J. Indra"
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.
This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release may include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
SOURCE: Westminster Resources Ltd.
Renseignements: Please contact Bill Conlin at 604-608-0400, Toll Free: 1-877-608-0007.