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Searchgold Resources Inc

Publié le 23 juin 2010

Will Not Consolidate its Shares

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SearchGold Resources Inc.
TSX VENTURE: RSG
FRANKFURT: S1O
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June 23, 2010
SearchGold Will Not Consolidate its Shares
MONTREAL, QUEBEC--(Marketwire - June 23, 2010) - SearchGold Resources Inc. ("SearchGold") (TSX VENTURE:RSG) (FRANKFURT:S1O) announces that the number of shareholder votes required to approve a consolidation of the Company's common shares at a ratio of one (1) new share for each tranche of ten (10) outstanding common shares was not obtained at its Special meeting of shareholders held in Montreal on June 23, 2010.

SearchGold now has 148,530,171 common shares outstanding and, in accordance with the decision of shareholders as expressed by the vote obtained, no share consolidation will be executed. .


Neither 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:

SearchGold Resources Inc.
Philippe Giaro
President & CEO
011-32-473-52-30-29
phgiaro@skynet.be
http://www.searchgold.ca

INDUSTRY: Manufacturing and Production - Mining and Metals


.

Searchgold Resources Inc

EXPLORATEUR
CODE : RSG.V
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Searchgold est une société d’exploration minière d'or basée au Canada.

Searchgold détient divers projets d'exploration au Gabon.

Ses principaux projets en exploration sont MANDIANA en Guinee, BOOUÉ - MIMONGO et BAKOUDOU - MAGNIMA au Gabon et DOU - TAOUREMBA, ZITENGA II, GUEGUERE et ARAE-GASSEL au Burkina Faso.

Searchgold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 1,6 millions CA$ (1,4 millions US$, 1,1 millions €).

La valeur de son action a atteint son plus bas niveau récent le 24 décembre 2008 à 0,01 CA$, et son plus haut niveau récent le 19 mars 2010 à 0,72 CA$.

Searchgold possède 32 835 000 actions en circulation.

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Financements de Searchgold Resources Inc
20/09/2012. Announces Private Placement
Projets de Searchgold Resources Inc
09/06/2011(Gueguere)Provides Update on Gueguere Following Indigo's Drill Interce...
29/03/2010(Arae-gassel)Hits Up to 0.54 G/T Au Over 25 M in AC Drilling of New Explo...
18/03/2010(Arae-gassel)Hits Up to 1.69 g/t Au Over 50 m in Kerboule South RC Drilli...
22/12/2009(Arae-gassel)Targets Large Scale Resource and Starts Drilling on Arae-Gas...
23/10/2009(Arae-gassel)and Swala to Start Drilling in November 2009 on Arae-Gassel ...
28/05/2009(Mandiana)Diamond Production and Sales
19/05/2009(Gueguere)Options Gueguere Property South of Poura Mine in Burkina Fas...
13/08/2008(Bakoudou - Magnima)Reports an Open Pit Gold Reserve of 150,000 Ounces of Gold ...
14/02/2008(Bakoudou - Magnima) INTERSECTS 16.43 G/T AU OVER 4 M AND PROVIDES DRILLING UPDA...
Communiqués de Presse de Searchgold Resources Inc
29/10/2012. Announces Decision of its Joint Venture Partner to Not Pro...
13/07/2011Announces Board and Management Changes
23/06/2011Provides Update on Swala and Burkina Faso
22/06/2011Reminds Shareholders About its Annual General Meeting of Jun...
19/05/2011Sells Remaining 27% Interest in Bakoudou-Magnima to Managem
26/04/2011Provides Update on Stellar Diamonds plc, Strategic Focus on ...
24/03/2011Provides an Update on its Burkina Faso Activities
07/07/2010Note Reference to Swala
23/06/2010Will Not Consolidate its Shares
15/06/2010Recommends a Vote for The Share Consolidation to Its Shareho...
01/06/2010Proposes a Share Consolidation to its Shareholders
03/11/2009Proposed Merger Between Stellar Diamonds and West African Di...
18/09/2009Completes a $372,000 Financing
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