Stone Resources: Increase in Share Capital

Print
Tue, Feb 2, 2010

Nickel Company News
Post by Melissa Pistilli, Nickel Reporter

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.

Click here to access the entire press release

Questions about this article? Leave a comment below or contact our editorial team at editor@resourceinvestingnews.com.

Top Articles
Latest from this Author
Share this Article

This Week's Most Read Articles

Latest Nickel Articles from Melissa Pistilli

What is Nickel Investing News' Comment Policy?
Nickel Investing News pre-moderates comments on our blog posts and post-moderates comments on news stories. We never censor comments based on political or ideological point of view. We only delete those comments that include the following transgressions:

Are abusive, off-topic, use excessive foul language
Include ad hominem attacks including comments that celebrate the death or illness of any person, public figure or otherwise
Contain racist, sexist, homophobic and other slurs
Are solicitations and/or advertising for personal blogs and websites
Thread spamming (you've posted this same comment elsewhere on the site)
Are posted with the explicit intention of provoking other commenters or the staff at Nickel Investing News
Contains content that may infringe the copyright or intellectual property rights of others or other applicable laws or regulations.

Asides

For upcoming nickel investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
The Nickel Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
NickelInvestingNews.com maintains a focus on Nickel exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.