CNSX - Gold Reef International - Name Change/Consolidation

TORONTO, Jan. 4 /CNW/ - Gold Reef International, Inc. has announced a name change to Montana Gold Mining Company Inc. and the consolidation of its common shares on the basis of one (1) new post-consolidation common share for each 10 (10) pre-consolidation common shares. Fractional shares remaining after giving effect to the consolidation will be cancelled, such that shareholdings of each shareholder will be rounded down to the nearest whole number of post-consolidation common shares. The consolidation will reduce the number of shares outstanding to approximately 4,249,104 common shares.

The record date for the consolidation is January 7, 2011.  The post-consolidated common shares of Montana Gold Mining Company Inc. will begin trading on January 5, 2011. Montana Gold Mining will trade under the symbol "MGM".

Dealers should be aware that open orders on "GRQ" will not be transferred to "MGM ", and dealers are also reminded to re-enter their orders on "MGM " taking into account the share consolidation.

Listing and disclosure documents for Silver Predator are available in the Listings Disclosure Hall

Effective Date: Wednesday, January 5, 2011
Symbol: MGM
NEW CUSIP: 612052100
NEW ISIN: CA 6120521001

SOURCE Canadian National Stock Exchange (CNSX)

For further information:

Radhika at (416) 572-2000 X 2435 or E-mail:

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