Anyone recall date for the consolidation?

2013-01-14 06:40 ET - News Release

Mr. Andrew Rees reports


Shareholders approved all the resolutions put before them at Wellstar Energy Corp.'s annual general and special meeting held on Jan. 9, 2013, in Vancouver. At the meeting shareholders voted to re-elect Andrew H. Rees, Janis Cardiff, Minaz Dhanani and Russel Murray as directors for the ensuing year; to reappoint MacKay LLP as the company's auditors for the ensuing year and authorized the directors to fix the auditor's remuneration; and approved the company's stock option plan. The shareholders also approved the consolidation of the company's common shares on the basis of 2-1/2 old shares for one new common share in the equity of the company. The stock option plan and share consolidation remain subject to TSX Venture Exchange approval. For more information on these matters, please refer to Wellstar's information circular, available on SEDAR. Following the meeting, the directors reappointed Mr. Rees as chief executive officer and Mr. Dhanani as chief financial officer of the company. The company's audit committee comprises Mr. Dhanani, Mr. Murray and Ms. Cardiff. The board of directors would like to thank the shareholders for their support.

We seek Safe Harbor.