Eagle Rock Exploration Ltd.
TSX VENTURE : ERX

Eagle Rock Exploration Ltd.

November 16, 2009 08:30 ET

Eagle Rock Exploration Ltd. Announces Effective Date of Share Consolidation and Name Change

CALGARY, ALBERTA--(Marketwire - Nov. 16, 2009) - Eagle Rock Exploration Ltd. (the "Company") (TSX VENTURE:ERX) announces that it has implemented its previously approved share consolidation on a thirty for one basis (the "Consolidation") and a name change to "Wild Stream Exploration Inc." (the "Name Change"). The share consolidation and name change were approved at the Company's Special Meeting of Shareholders held on October 30, 2009 with approximately 98% of the votes cast in favor of the Consolidation and Name Change.

Effective at the market opening on November 16, 2009, the Company's common shares and rights currently listed on the TSX Venture Exchange under the symbols ERX and ERX.RT, respectively, will commence trading under the new name "Wild Stream Exploration Inc." and on a post-consolidated basis under the new symbols WSX and WSX.RT, respectively.

As a result of the Consolidation, the Company has approximately 25,806,697 common shares outstanding. Outstanding rights pursuant to the Company's rights offering will be adjusted proportionately to reflect the Consolidation such that 120 rights will be exercisable for one common share at $1.35 per share.

Letters of transmittal were mailed to registered holders of common shares on October 6, 2009, requesting them to forward the certificates representing their common shares of Eagle Rock Exploration Ltd. to Olympia Trust Company in exchange for certificates representing the number of common shares of Wild Stream Exploration Inc. to which they are entitled. If a registered shareholder did not receive a letter of transmittal, please contact the Company at the contact information below.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Eagle Rock Exploration Ltd.
    Neil Roszell, P.Eng.
    President and CEO
    (403) 767-1250
    (403) 232-8083 (FAX)
    or
    Eagle Rock Exploration Ltd.
    Jerry Sapieha, CA
    Vice-President, Finance and CFO
    (403) 767-1265
    (403) 232-8083 (FAX)
    or
    Eagle Rock Exploration Ltd.
    Suite 710, 400-5th Ave SW
    Calgary, AB T2P 0L6