North Atlantic Resources Ltd. Changes Name to Legend Gold Corp and Named to 2011 TSX Venture 50
February 17 2011 - 5:25PM
Marketwired
North Atlantic Resources Ltd. (the "Company" or "North Atlantic")
(TSX VENTURE: NAC) is pleased to announce that at a Special Meeting
of Shareholders held on February 16, 2011 the Shareholders passed a
resolution to amend the Company's Articles to change the name of
the Company to Legend Gold Corp. Effective today, North Atlantic
Resources Ltd. will be named Legend Gold Corp ("Legend Gold").
Legend Gold Corp. will begin trading under the symbol "LGN" at the
opening of trading Friday, February 18, 2011 on the TSX Venture
exchange.
"We are pleased to announce that we successfully changed the
name of North Atlantic Resources Ltd. to Legend Gold Corp. This
milestone change reflects our view that Legend Gold Corp. has
attained a critical point in its development. Our fully funded
drill projects at Tiekoumala and Lakanfla will now proceed under
the Legend Gold banner. This change demonstrates our belief that
Legend Gold has achieved positive momentum for the development of
its projects. This change also provides a fresh identity that
coincides with the legend of West Africa's rich history of gold
discovery and development," noted Scott Waldie, President and CEO
of Legend Gold.
North Atlantic Resources is also honoured to be recognised by
being named to the 2011 TSX Venture 50, a ranking of strong
performing companies listed on TSX Venture Exchange on February 15,
2011. The 2011 TSX Venture 50 companies were chosen based on the
following criteria, with equal weighting assigned to each: share
price appreciation, trading volume, market capitalization growth
and analyst coverage. This elite group of companies is comprised of
ten companies from each of five sectors; Clean Technology, Mining,
Oil & Gas, Diversified Industries, and Technology & Life
Sciences. Please see www.tmx.com for details of the 2011 TSX
Venture 50 rankings.
"Being named to the TSX Venture 50 is truly a mark of
distinction. I am particularly proud to receive this honour as
recognition for all the hard work that all the Legend Gold team
have devoted to Legend Gold, both in the Republic of Mali, and here
at home," stated Scott Waldie, President & CEO of Legend
Gold.
About The Company
North Atlantic Resources Ltd. is a mineral exploration and
development company focused on exploring for gold in the Republic
Of Mali, West Africa. Our four main projects are the Tiekoumala,
Lakanfla, Diokeba, and Dalakan projects. In recent years, we have
made significant gold discoveries on the Tiekoumala project located
in Southern Mali, and the Lakanfla project located in Western Mali.
North Atlantic has 58,826,124 common shares issued and outstanding
(82,543,018 shares on a fully diluted basis). Please visit our
website www.legendgold.com to for more information about our
projects.
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.
Contacts: North Atlantic Resources Ltd. Scott Waldie President
& CEO (416) 703-6348 info@nac-tsx.com Renmark Financial
Communications Inc. Jason Roy (514) 939-3989 or (416) 644-2020
jroy@renmarkfinancial.com Renmark Financial Communications Inc.
Matthew Planche (514) 939-3989 or (416) 644-2020
mplanche@renmarkfinancial.com www.renmarkfinancial.com
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