Stone Resources: Increase in Share Capital
Stone Resources Limited (TSX VENTURE:SRH.H), reported the approval of an increase in the authorized capital of the Company to US$12,000,000 by the creation of an additional 1,100,000,000 common shares with a par value of US$0.01 each, approved by shareholders of the Company at the Special General Meeting held on January 21, 2010.
The press release is quoted as saying:
The Company is involved with mineral resources exploration and mining development. The Company is focusing on the exploration of and development of a copper-nickel property located in Yemen.
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Tue, Feb 2, 2010
Post by Melissa Pistilli, Nickel Senior Reporter