Rain Resources Inc.
TSX VENTURE : RAN.P

June 16, 2010 20:40 ET

Rain Resources Inc.: Press Release

CALGARY, ALBERTA--(Marketwire - June 16, 2010) - Rain Resources Inc. ("Rain" or the "Corporation") (TSX VENTURE:RAN.P), a capital pool company listed on the TSX Venture Exchange (the "Exchange"), wishes to remind shareholders of the Corporation's annual general and special meeting (the "Meeting") to be held on Monday, June 21, 2010. At the Meeting, shareholders will be asked to vote, among other matters, for the resolution approving the transfer to the NEX and the cancellation of 550,000 seed common shares ("Seed Shares"). All the Seed Shares that are to be cancelled are held by directors and officers of the Corporation. For more information, please refer to Rain's management information circular dated May 20, 2010 which is available at www.sedar.com.

Statements in this press release may contain forward-looking information including, statements regarding the completion of a transaction and approval by shareholders of the Corporation's planned transfer of the listing of its common shares to NEX. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expects" and similar expressions. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances, such as future availability of capital on favourable terms, may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Rain. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and Rain does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law.

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

  • Rain Resources Inc.
    Ryan Spong
    Chief Executive Officer and Director
    (604) 761-7291
    or
    Rain Resources Inc.
    Murray K. Atkins
    Director
    (403) 816-3555