Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to report that all resolutions were passed at its Annual General Meeting held on May 14, 2013. The Board of Directors and management would like to thank all shareholders for their continued support and confidence. The resolution for the proposed consolidation of the shares in Yale and a subsequent name change to Alta Vista Ventures Ltd. were passed with over 11.5M shares voting in favour. The timing of the consolidation will be determined by the Exchange and is anticipated to occur within the next several weeks."The Board of Directors is confident that this is a necessary step in the evolution of the Company as Alta Vista will have only 8.1M shares outstanding pre-financing. Combine that with the successful business model that has supported the Company for the past three years and we feel that the Company will be on solid footing moving forward", stated Ian Foreman, P.Geo., president of Yale.The Board of Directors and Officers for the upcoming year will consist of:
You can also view this News Release on our website at:http://www.yaleresources.com/s/NewsReleases.asp?ReportID=584509
Alta Vista Ventures is a silver exploration company based in Canada.
Alta Vista Ventures holds various exploration projects in Canada, in Mexico and in Namibia.
Its main exploration properties are ZACATECAS (VETA GRANDE), THE DOS NACIONES, LA VERDE, OROFINO PROJECT, LOS AMOLES, URIQUE PROJECT, CAROL, SAN SABINO ZACATECAS and GUADALUPE PROPERTY in Mexico and ADAMS PLATEAU in Canada.