West Africa Gold Inc. Announces Forward Split of its Stock
May 11 2004 - 12:18PM
PR Newswire (US)
West Africa Gold Inc. Announces Forward Split of its Stock Company
to forward split shares on a 1 for 10 basis NEW YORK, May 11
/PRNewswire-FirstCall/ -- West Africa Gold Inc. (BULLETIN BOARD:
WAGI) announced on May 7, 2004 that its Board of Directors has
approved a 10-1 forward split of the Company's issued and
outstanding shares. The forward split will have a pay date of May
13, 2004 and will be effective Thursday May 13, 2004 and not on
Monday May 10th, 2004 as previously announced. The stock split will
entitle each stockholder of record to receive nine additional
shares for every share of the Company's stock held at the close of
business on the record date of May 10, 2004. The new shares will be
registered on the books of the Corporation maintained by
Computershare Trust Company Inc at the opening of business on May
13, 2004. About West Africa Gold Inc: -- West Africa Gold Inc.
http://www.westafricagold.com/ has acquired a 70% interest in the
Toubikoto (Gold), Manianguiti (Gold), In Darset (Gold, Base
Metals), Anefis (Gold, Base Metals) and Touban (Nickel, Copper
PGE's) mining properties. The properties are located in diverse
geographic locations throughout Mali. In aggregate, the properties
total over 500 square kilometers (approximately 193 square miles).
The Geological Resource Evaluation on the properties indicates a
potential Inferred Geological Resource of at least 3,000,000 ounces
of gold. The Company will continue to explore the various rights
and potential new targets. Statements contained in this press
release, which are not historical facts, are forward-looking
statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based largely on the Company's expectations and are subject to a
number of risks and uncertainties beyond the Company's control,
including but not limited to economic, competitive and other
factors affecting the Company's operations, management team
effectiveness, expansion strategies, available financing, market
prices and recovery costs, government regulations involving the
Company, facts and events not known at the time of this release,
and other factors discussed in the Company's filings with the
Securities and Exchange Commission. These statements are not
guarantees of future performance and readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date of this release. The Company undertakes
no obligation to update publicly any forward-looking statements.
This release was issued through Major Newswire
(http://www.majornewswire.com/) CONTACT Equity Alliance
International Contact: Casey Hawkins Number: 866 807 4021 e-mail:
DATASOURCE: West Africa Gold Inc. CONTACT: Casey Hawkins of Equity
Alliance International, +1-866-807-4021, Web site:
http://www.majornewswire.com/ http://www.westafricagold.com/
Copyright