Monarchy Resources, Inc.

November 21, 2014 21:25 ET

Monarchy Resources to Change Name to Monarchy Ventures Inc.

PARRAL, MEXICO--(Marketwired - Nov. 21, 2014) - Monarchy Resources, Inc. (OTCQB:MONK) -

The Company announced today that it has received FINRA approval to change its name to Monarchy Ventures Inc. and effect a 1 for 3 reverse stock split. The name change and reverse stock split will be effective on Monday, November 24, 2014. The trading symbol for the Company will remain as MONK. The Company will continue to operate in the mining investment arena, and the Company remains committed to its investment in New World Metals and its three active mines in Mexico.

About Monarchy Resources

Monarchy Resources ("Monarchy") engages in a variety of investments in historically significant, mining claims and mining real estate world-wide with mineral reserves primarily consisting of precious metals. Monarchy Resources takes a minority, non-operated position in precious metal mining projects. We combine experienced management, low overhead and capital towards promising strategic acquisitions. We allow operators to remain focused on their operated interests and in return Monarchy receives revenue share of the profits from such participation. Monarchy's non-operated position continues to gain momentum as Monarchy partners with more operators and land professionals. Currently Monarchy holds a 45% interest in New World Metals, a Mexican mining company.

About New World Metals

New World Metals ("NWM") is a mineral development, ore processing and refining company focusing on expanding its production of gold and silver in Chihuahua, Mexico. NWM has three operational mines in Mexico.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, including the Company's beliefs about its business prospects and future results of operations. Some factors that could cause actual results to differ materially include economic and operational risks, changes in anticipated earnings, continuation of current contracts, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including its most recent Forms 10-K and 10-Q. The Company forecasts provided above are dynamic and therefore refer only to this release date. The Company does not undertake to update any forecasts that it may make available to the investing public.

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