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Gold/Mining/Energy : Empire Capital agreement for 30 Newfoundland claims
EPM 4.420+0.9%Nov 3 4:00 PM EST
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From: bcjt7/22/2011 9:53:03 AM
   of 3
 
Empire Capital to split shares 2:1, change name
2011-06-16 07:28 MT - News Release

Mr. Terry Christopher reports
EMPIRE CAPITAL CORP. ANNOUNCES PROPOSED SHARE SPLIT AND CHANGE OF NAME
Empire Capital Corp.'s board of directors has considered a proposed 2:1 share split and will recommend that shareholders approve the proposed split at the company's next annual and special meeting of shareholders, to be held on July 23, 2011. In addition to shareholder approval, the stock split is subject to approval from the TSX Venture Exchange.
It is expected that the increased number of outstanding common shares resulting from the proposed stock split will provide a greater opportunity for investors to become shareholders of the company as a result of increased liquidity in Empire's listed security. If passed and accepted, the share split would result in the number of outstanding common shares of the company doubling from approximately 8,465,933 to approximately 16,931,866.
The company also announces its intention to change its name to Zonte Metals Inc., subject to shareholder and exchange approval, and will seek shareholder approval for the name change at the meeting. The change of name is anticipated to occur shortly after the meeting, once all regulatory and shareholder approvals have been obtained.
Further details with respect to the stock split will be disclosed in the company's management information circular which will be electronically filed with regulators and available for viewing through the Internet on SEDAR.
We seek Safe Harbor.
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