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Share Consolidation and Name Change
Vancouver, B.C., January 10, 2012 � Indicator Minerals Inc., (the �Company�) announced today that it will proceed with the name change of the Company to �Bluestone Resources Inc.� and the consolidation of the Company's issued and outstanding common shares (the �Common Shares�) on the basis of one (1) new Common Share for every twenty (20) Common Shares presently issued and outstanding. The last day of trading of the Common Shares on the TSX Venture Exchange prior to the consolidation will be January 10, 2012. The Company�s common shares will begin trading on a consolidated basis on the Exchange effective January 11, 2011 under the symbol �BSR�.
A new CUSIP number of 09626M106 and a new ISIN number of CA09626M1068 have been obtained to distinguish the name change and consolidation. Following completion of the consolidation, the Company will have approximately 6.63 million Common Shares issued and outstanding. If, as a result of the consolidation, a shareholder becomes entitled to receive a fractional common share, such fraction will be rounded down to the nearest whole number.
About Indicator Minerals:
Indicator Minerals Inc. is a Canadian exploration company focused on the discovery and development of economic mineral deposits. Founded in 2004, the Company has assembled one of the most qualified technical teams in worldwide exploration.
Indicator Minerals Inc. is a member of the Discovery Group of companies, for more information on the group visit www.discoveryexp.com
On behalf of the Board Indicator Minerals Inc. /s/"Bruce Counts" P. Geoph. President & CEO
For further information, please contact:
Indicator Minerals Inc. Bruce Counts, President & CEO Tel: (604) 331-4605 www.indicatorminerals.com
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. | |
January 10, 2012
Indicator Minerals Inc. 1020 � 800 West Pender Street Vancouver, BC Canada V6C 2V6 Phone: 604.646.4527 Fax: 604.646.4526 Toll Free: 1-877-331-4605
SENDER Indicator Minerals Inc. Office: 604-331-4605 Direct: 604-331-5090 Email: info@indicatorminerals.com
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Indicator Minerals Inc.
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EXPLORATION STAGE |
CODE : IME.V |
ISIN : CA09626M1068 |
CUSIP : 455687 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Indicator Minerals is a and uranium exploration company based in Canada. Indicator Minerals holds various exploration projects in Botswana and in Canada. Its main exploration properties are MOHAVE in USA and DORSET, NANUQ NORTH, GRAIL, DARBY and BARROW in Canada. Indicator Minerals is listed in Canada. Its market capitalisation is CA$ 924 350 as of today (US$ 892 183, € 688 587). Its stock quote reached its highest recent level on December 29, 2006 at CA$ 0.92, and its lowest recent point on January 10, 2012 at CA$ 0.01. Indicator Minerals has 18 487 000 shares outstanding. |