New Blue Ribbon Resources Ltd (NBL.V was BLO) Message Board

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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO)

NBL 8.460

0.0%

Oct 6 5:00 PM EST

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To: Laser who wrote (188)	10/1/1997 12:44:00 PM
From: Laser	of 407

News out: Rollback; shares for debt Blue Ribbon Resources Ltd BLO Shares issued 12,154,612 Sep 30 close $0.11 Wed 1 Oct 97 News Release Mr Doug Williamson reports On September 30 1997, shareholders approved a one for five rollback reducing the company's issued and outstanding share capital from 15,929,612 without par value to 3,185,922 common shares without par value. Shareholder approval was also given to increase the company's post-consolidated authorized capital from 20,000,000 shares without par value to 100,000,000 shares without par value. The company will be settling approximately $300,000 worth of debt to various creditors, some of which are insiders of the company, for shares valued at $0.15. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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