Voltalia Ord Shs VLTAF

Poison pill.. good sign IMO

[Bpultra]

Company News Alert for Volta Resources
	VOLTA RESOURCES ADOPTS SHAREHOLDER RIGHTS PLAN Canada NewsWire
	TSX: VTR TORONTO, Feb. 28 /CNW/ - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces that its Board of Directors (the "Board") has approved the adoption of a shareholder rights plan agreement ("SRP"), to be entered into with Equity Financial Trust Company, as rights agent.  The SRP is being adopted to provide adequate time for the Board and the Company's shareholders to assess any unsolicited take-over bid (a "Bid") which might be received, to provide the Board with sufficient time to explore and develop alternatives for maximizing shareholder value and to provide the Company's shareholders with an equal opportunity to participate in the Bid and protect them from unfair or coercive tactics. The SRP is not being adopted as a result of any pending or suspected unsolicited Bid to acquire control of the Company. The SRP is intended to encourage any Bid to satisfy certain minimum standards designed to promote fairness. If a Bid fails to satisfy these minimum standards, the SRP provides that holders of the Company's common shares, other than the bidder, will be able to purchase additional common shares at a substantial discount to market price. The SRP is subject to the approval of the Toronto Stock Exchange and the ratification by the shareholders of the Company at the Company's next annual meeting of shareholders to be held later this year. Upon execution of the SRP, a copy will be filed under the Company's SEDAR profile at www.sedar.com. Volta is a mineral exploration company primarily focused on becoming a leader in the identification, acquisition and exploration of gold properties in West Africa. The Company is currently fast-tracking its flagship Kiaka Gold Project, located in Burkina Faso, towards a development decision.