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Balmoral Resources Ltd BALMF

Balmoral Resources Ltd is an exploration stage mining exploration and development company. It is engaged in the acquisition and exploration of gold and base metal properties in Canada. The principal focus of the company's exploration activities are the properties comprising its Detour Trend Project in Quebec.


OTCQX:BALMF - Post by User

Bullboard Posts
Post by blue_eagleon May 19, 2014 1:33pm
389 Views
Post# 22575597

In the beginning..there was...

In the beginning..there was...
o douglasorr
 BALMORAL RESOURCES LTD. ("BAR.H")
(formerly Great Southern Enterprises Corp. ("GSR.H"))
BULLETIN TYPE: Name Change and Consolidation, Private Placement-Non-
Brokered
BULLETIN DATE: March 26, 2010
NEX Company

Name Change and Consolidation:

Pursuant to a special resolution passed by shareholders November 23, 2009,
the Company has consolidated its capital on a 15 old for 1 new basis and
subsequently increased its authorized capital.
Effective at the opening Monday, March 29, 2010, the common shares of
Balmoral Resources Ltd. will commence trading on TSX Venture Exchange, and the
common shares of Great Southern Enterprises Corp. will be delisted. The
Company is classified as a 'Mining Exploration' company.

Post - Consolidation
Capitalization:          Unlimited shares with no par value of which
2,105,047 shares are issued and outstanding
Escrow                   18,476 shares are subject to escrow

Transfer Agent:          Computershare Investor Services Inc.

Trading Symbol:          BAR.H (new)
CUSIP Number:            05874M 10 3 (new)

Non-Brokered Private Placement:

TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 10, 2009 and amended on
November 12, 2009 and January 4, 2010:

Number of Shares:        25,000,000 shares

Purchase Price:
.06 per share

Number of Placees:       65 placees

Insider / Pro Group Participation:

Insider equals Y /
Name                     ProGroup equals P /               No. of Shares

Gerald Fabbro            P                                        80,000
Sharon Fabbro            P                                        80,000
Michele Sinclair         P                                        25,000
Peter M. Brown           P                                       200,000
M. Brian Casper          P                                       100,000
Fred Hofman              P                                       500,000
Linda Buckland           P                                       400,000
Greg Goernert            P                                       245,000
Ali Pejman               P                                       200,000
John Tognetti            P                                     1,200,000
Gary Bogdanovich         P                                       100,000
John Toporowski          Y                                     3,700,000
Henk Van Alphen          Y                                     6,000,000
Kim Dunfield             P                                     1,500,000
Gerri Lynne Anderson     P                                        65,000

Finder's Fee:            2,500,000 shares payable to Mark Gelmon

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly.
Bullboard Posts