Canadian National Stock Exchange (CNSX)

Canadian National Stock Exchange (CNSX)

August 31, 2011 17:27 ET

Consolidation/Split-Burnstone Ventures Inc. (BVE)

TORORNTO, ONTARIO--(Marketwire - Aug. 31, 2011) -

Bulletin: 2011-0811

Following the Annual General and Special Meeting of the shareholders (the "Meeting") of Burnstone Ventures Inc. the Company has announced the implementation of a shareholder resolution which will result in the elimination of all shareholdings of less than one hundred (100) shares in exchange for a cash payment.

The Small Shareholdings will be acquired through a consolidation of the common shares on a 1 for 100 basis (the "Small Shareholder Consolidation Date") effective 12:01 a.m. on September 1, 2011, the cancellation of fractional shares, and the subsequent subdivision of the remaining shares on a 100 for 1 basis effective 12:10 a.m. on September 1, 2011 (the "Small Shareholder Subdivision Date"). Shareholders whose shares are cancelled pursuant to this process will be entitled to receive a cash payment.

A full description of the transaction is contained in Burnstone's Management Information Circular dated July 19, 2011 and is available with the Company's listing and disclosure documents in the Listings Disclosure Hall.

At opening of trading on September 1, 2011, the shares will trade with a new CUSIP number, however the name and symbol will not change.

Effective Date: Thursday, September 1, 2011
Symbol: BVE
NEW CUSIP: 122449 20 0
NEW ISIN: CA 122449 20 0 1

Contact Information