|July 07, 2015|
Update on Corporate Reorganization
July 7, 2015 - Vancouver, British Columbia, Canada: Bard Ventures Ltd. ("Bard" or the "Company") reports that on June 3, 2015, the Company received approval from the B.C. Supreme Court to proceed with its reorganization and shall proceed to do so.
The Share Distribution Record Date is July 7, 2015. Only the shareholders of the Company as of that date, July 7, 2015, shall receive common shares, on a pro-rata basis, in the subsidiary of the Company that will list its common shares on the Canadian Securities Exchange as soon as practicable. For purposes of clarity, any shareholders that acquire shares of the Company after July 7, 2015 will be excluded from receiving shares in the newly listed entity.
Announcement of the new listing shall be issued by the Company in due course. Please also watch for bulletins from the Canadian Securities Exchange announcing the listing date.
Information regarding the Company can be found on SEDAR at www.SEDAR.com.
On behalf of:
Bard Ventures Ltd.
Eugene Beukman, President
For further information please visit our website at www.bardventures.com.
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.
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.
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