Consolidation ConfirmedAMERIX RECEIVES APPROVAL FOR CONSOLIDATION OF COMMON SHARESApr 27, 2011 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)
April 27, 2011
AmerixPrecious Metals Corporation (APM: TSXV) ("Amerix" or the "Company") ispleased to announce that it has received TSX Venture Exchange approvalfor the consolidation of the common shares of the Company. As previouslyannounced in a press release dated April 7, 2011, shareholders of theCompany approved a special resolution authorizing the Board of Directorsto consolidate the common shares of the Company (the "Common Shares")on the basis of one (1) new Common Share for every three (3) old CommonShares (the "Consolidation") and the Board of Directors confirmed theCompany's intention to proceed with the Consolidation. There will be noname change in conjunction with the Consolidation. The Company willcontinue to trade under the symbol "APM" on the TSX Venture Exchange.The new ISIN number is CA03075E2024 and the new CUSIP number is03075E202.
The shares will begin trading on a post-consolidatedbasis effective May 2, 1011. No fractional shares will be issued inconnection with the Consolidation. Amerix has arranged to mail lettersof transmittal to its registered shareholders so they may submit theirold certificates in order to obtain new common share certificates on apost-Consolidation basis. Shares held in uncertificated form bynon-registered shareholders through brokerage accounts will be convertedthrough each shareholder's brokerage accounts.
About Amerix Precious Metals Corporation
AmerixPrecious Metals Corporation is an Ontario company exploring forprecious metals in Brazil. Amerix's objective is to create value forshareholders through the delineation and expansion of bedrock goldresources, and realization of value from placer and tailings goldresources at the Company's properties. Brazil has enormous goldpotential and is a proven mining-friendly country and Amerix willcontinue to pursue further exploration properties of merit via staking,acquisition or merger. The Corporation's shares trade on the TSX VentureExchange under the symbol "APM" and at the Frankfurt Stock Exchangeunder the symbol "NJG."
Disclosure Regarding Forward-LookingStatements: This press release contains certain "Forward-LookingStatements" within the meaning of applicable securities legislation.All statements, other than statements of historical fact, includedherein are forward-looking statements that involve various risks anduncertainties. There can be no assurance that such statements willprove to be accurate, and actual results and future events could differmaterially from those anticipated in such statements. Important factorsthat could cause actual results to differ materially from the Company'sexpectations are disclosed in the Company's documents filed from timeto time with the TSX Venture Exchange and, among others, the OntarioSecurities Commission as well as under the heading "Risk Factors" in theManagement Discussion and Analysis.
For further information, please contact:
Amerix Precious Metals Corporation
Steve Brunelle Dan Hamilton
President and Chief Executive Officer Chief Financial Officer
Phone: 416-867-1591 Phone: 416-867-1591
steve.brunelle@amerixcorp.com dan.hamilton@amerixcorp.com
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