UC Resources Ltd.: Shares for Debt
February 11 2011 - 7:03PM
Marketwired
UC Resources Ltd. (TSX VENTURE: UC) -
The Company wishes to announce it has agreed to issue a total of
278,737 shares for debt, at a price of $0.095 per share, to
extinguish a debt in the amount of $26,480. Trading in the shares
issued for the debt will be subject to a four month and a day hold
period from the date of distribution.
The issuance of shares for debt is subject to TSX Venture
Exchange approval.
On behalf of the Board of Directors,
Jim Voisin, President & CEO
UC Resources Ltd.
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: UC Resources Ltd. - Vancouver Head Office Damien Lowry
(604) 681-7265 or Toll Free: 1-800-366-8566 (Canada & USA)
(604) 608-6163 (FAX) www.ucresources.net