HE-5 Resources, Corp.

HE-5 Resources, Corp.

August 06, 2009 07:00 ET

HE-5 Resources Corp. Announces Dividend and Mandatory Share Exchange

NEW YORK CITY, NEW YORK--(Marketwire - Aug. 6, 2009) - HE-5 Resources, Corp. (PINK SHEET:HRRN) is pleased to announce a stock dividend payment for its loyal shareholders. The Company has resolved to offer this stock dividend as a means to reward all its shareholders who stayed with the company through the difficult re-organization process.

HE-5 Resources Inc. is pleased to announce a dividend payment for all shareholders of record on August 11, 2009. On this date, the common shares of HRRN will be forward split by a ratio of 2 for 1 and payable as a mandatory exchange. The effective date of the forward split will be August 16, 2009.

In order for shareholders to take advantage of the forward split, each shareholder will be required to return their physical certificates to the transfer agent in order to collect their new shares. There will be more news developments from the company next week in and more updates in regards to the procedure to be taken by shareholders in order to secure the dividend payment.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

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