News Column

Sphere Resources Inc - Approval of Amendment to Articles

August 13, 2014

ENP Newswire - 13 August 2014

Release date- 12082014 - VANCOUVER, BRITISH COLUMBIA - Sphere Resources Inc., listed on the NEX Board of the TSX Venture Exchange (NEX - SPH.H), announces the approval of the Amendment to the Articles by Shareholders at the Annual General meeting of Shareholders held on June 25, 2014.

Further the Amendment to the Articles has been conditionally accepted for filing by the TSX Venture Exchange. Final acceptance will be conditional upon the Company providing a copy of the filed Amendment to the Articles to the TSX Venture Exchange which is anticipated by the end of this week.

The Amendment to the Articles allows for the issue of a new share class, Class A Non-Voting shares The Company has been in negotiations with an investment bank regarding the offering of Class A Non-Voting Shares, if and when created, in jurisdictions outside Canada and the United States. No listing of the Class A Non Voting Shares will be sought on any stock exchange or other public trading market in Canada or the United States.

About Sphere Resources Inc.

Sphere Resources Inc. is focused on identifying and appropriating exploration targets and other high quality assets in major global mining camps with a particular emphasis on precious metals. It is currently involved in exploring for gold mineralization in the Red Lake District of Ontario and in Nevada, USA on the Carlin Trend.

Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.


Malcolm L Stevens

Tel: +16232077784


For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: ENP Newswire

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters