Communicators
are winners!
News
20.02.2012
Bonifaz Gold PLC consolidates number of shares
Bonifaz Gold PLC consolidates number of shares
London, February 14th 2012, the Board of Bonifaz Gold PLC, (BOG.F – WKN: A1H5HC) has decided by unanimous decision that the existing numbers of shares of the company will be consolidated by a 2:1 reverse split. The capital of the Company will be issue into 100,780,000 Ordinary shares of £0.02.
The change has been filed and once effective, the new shares will be tradable under the ISIN: GB00B7M6KV57.
The members of the Board feel that the consolidation of the shares is a further step away from the penny stock market towards a better standing of the company in the financial markets.
Oscar A. Bonifaz, CEO states, “Our first priority towards our existing shareholders is to mine the prospects of the company to give further proof of our business case. However we feel that the credibility of the company in the financial markets has to be strengthened as well.”
BONIFAZ GOLD PLC (BG) is a British mining company with metallic and non-metallic operations and mineral deposits throughout Bolivia, South America. The Bonifaz Gold group has been operating since 1992 and used its knowledge, experience and resources to acquire and accumulate some of the richest gold and non‐metallic ore reserves in South America. The BG group currently has 44 mines in Bolivia, covering 10,670 hectares (26,366 acres) and representing approximately US$ 9 billion (€7 billion) of proved and probable reserves.
Further information can be found on the BONIFAZ GOLD PLC website at:www.BonifazGold.com.
Contaxt:
info@Bonifaz Gold.com
IR-Kontakt Deutschland
Connecting Markets GmbH
Telefon: +49 (0) 40 7166 4761
Registered Office in England and Wales
Bonifaz Gold PLC
88 Wood Street, 10th Floor
London EC2V 7RS, United Kingdom
U.K. Company No. 07432940
Disclaimer:
This press release contains forward-looking statements based on beliefs of BONIFAZ GOLD PLC management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Bonifaz Gold as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Bonifaz Gold disclaims any intention or obligation to update these forward-looking statements.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B460HL17">http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B460HL17</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.
London, February 14th 2012, the Board of Bonifaz Gold PLC, (BOG.F – WKN: A1H5HC) has decided by unanimous decision that the existing numbers of shares of the company will be consolidated by a 2:1 reverse split. The capital of the Company will be issue into 100,780,000 Ordinary shares of £0.02.
The change has been filed and once effective, the new shares will be tradable under the ISIN: GB00B7M6KV57.
The members of the Board feel that the consolidation of the shares is a further step away from the penny stock market towards a better standing of the company in the financial markets.
Oscar A. Bonifaz, CEO states, “Our first priority towards our existing shareholders is to mine the prospects of the company to give further proof of our business case. However we feel that the credibility of the company in the financial markets has to be strengthened as well.”
BONIFAZ GOLD PLC (BG) is a British mining company with metallic and non-metallic operations and mineral deposits throughout Bolivia, South America. The Bonifaz Gold group has been operating since 1992 and used its knowledge, experience and resources to acquire and accumulate some of the richest gold and non‐metallic ore reserves in South America. The BG group currently has 44 mines in Bolivia, covering 10,670 hectares (26,366 acres) and representing approximately US$ 9 billion (€7 billion) of proved and probable reserves.
Further information can be found on the BONIFAZ GOLD PLC website at:www.BonifazGold.com.
Contaxt:
info@Bonifaz Gold.com
IR-Kontakt Deutschland
Connecting Markets GmbH
Telefon: +49 (0) 40 7166 4761
Registered Office in England and Wales
Bonifaz Gold PLC
88 Wood Street, 10th Floor
London EC2V 7RS, United Kingdom
U.K. Company No. 07432940
Disclaimer:
This press release contains forward-looking statements based on beliefs of BONIFAZ GOLD PLC management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Bonifaz Gold as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Bonifaz Gold disclaims any intention or obligation to update these forward-looking statements.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B460HL17">http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B460HL17</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.