This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Anglo Swiss Announces Annual General And Special Meeting


VANCOUVER, Nov. 6, 2012 /PRNewswire/ - Anglo Swiss Resources Inc. (ASW: TSX-V, ASWRF: PK) (" Anglo Swiss " or the " Company") announces its Annual General and Special Meeting of Shareholders (the "Meeting") will be held on November 30, 2012. At the Meeting, in addition to the election of directors and appointment of auditors for the ensuing year, shareholders will be asked to approve a consolidation of the Company's issued and outstanding common shares at a ratio of up to five (5) to one (1). The Company currently has an aggregate of 184,656,900 common shares issued and outstanding. If the share consolidation were undertaken at the ratio of 5 to 1, the issued and outstanding common shares would be approximately 36,931,380. The Company also intends to change its name in connection with the proposed share consolidation to "Golden Libra Minerals Inc." or any other name deemed appropriate by the board of directors.

The Company's board of directors are seeking shareholder approval for a share consolidation to better position the Company to finance future exploration activities. The board of directors believe that the existing share structure may not be conducive to completing additional equity financings, particularly given the present difficult market conditions for junior exploration companies, and that a combination of a consolidation of shares and a new strategic acquisition will markedly improve the Company's ability to grow and raise capital. The Company plans to focus on optimizing value for its current properties and to use its extensive industry experience to identify and acquire new opportunities it believes will regenerate market interest in the Company.

The proposed consolidation and name change are subject to shareholder approval and acceptance for filing by the TSX Venture Exchange and any other regulatory body having jurisdiction. Additional information regarding the proposed consolidation is provided in the management information circular for the meeting. The information circular and other materials relating to the meeting have been mailed to registered shareholders and filed on SEDAR.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.18 1.64%
FB $117.43 -0.96%
GOOG $692.36 -0.84%
TSLA $232.32 -3.92%
YHOO $36.01 -1.42%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs