Silver X Mining Corp V.AGX

Alternate Symbol(s): AGXPF

Metals & Mining Industrial Metals & Minerals

Silver X Mining Corp. is a Canada-based silver developer and producer. The Company owns the 20,000-hectare Nueva Recuperada Silver District in Central Peru and produces silver, gold, lead and zinc from its Tangana Project. The project includes the Tangana mining unit (Tangana), a precious- and base-metal operation that is in the northern portion of the project comprised of 100-plus veins spanning an area of more than 6,500 hectares, and the Plata (formerly referred to as Esperanza) advanced Project, a grouping of historic silver-polymetallic veins, with significant exploration upside in the southern portion of the project comprised of 200-plus veins often with intense anatomizing, spanning an area of more than 7,000 hectares. The Company holds interest in a 1400-hectare concession known as the Las Antas Property, which is located within the Oligocene-Pliocene gold-silver Belt of Southern Peru. The Company also has an option agreement to acquire the Lily 19 claims in Peru.

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Silver X Mining Corp

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Post by habsluveron Oct 21, 2010 9:17pm

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Post# 17596115

consolidated basis on Friday, October 22, 2010.

VANCOUVER, BRITISH COLUMBIA, Oct. 21, 2010 (Marketwire) -- AMADOR GOLD CORP. (TSX VENTURE:AGX) (the "Company") is pleased to announce that shareholders of the Company and the TSX Venture Exchange (the "Exchange") have approved the consolidation of the Company's shares on a 17:1 basis. The Company will begin trading on a consolidated basis on Friday, October 22, 2010.

CONSOLIDATION:

At the Company's Special Meeting held on October 18, 2010, shareholders approved a consolidation of its share capital on the basis of one (1) new common share for every existing seventeen (17) common shares (the "Consolidation"). Where the exchange resulted in a fractional share, the number of common shares will be rounded to the nearest whole common share. The Consolidation will enhance the marketability of the common share as an investment and facilitate additional financings to fund future operations. Shareholder and Exchange approval of the Consolidation has been received with the record date set as October 22, 2010. The Company will now have a total of 15,724,462 common shares issued and outstanding.

After reviewing results from its Patent and Sewell East properties and its 50% interest in the Forge Lake and Otter Pond/Hawk Junction properties, the Board of Directors has determined not to continue with its option on these properties.

About Amador Gold

Amador has assembled a portfolio of more than 20 properties of exceptional merit in established mining camps and emerging mineral districts of Canada. These projects include the Loveland gold-copper-nickel project program and the Horwood gold project.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.