Post by Catdaddy on Dec 10, 2007 14:49:58 GMT -5
Pearl Asian Mining Industries, Inc. ('PAIM'/'PAIIP') Reverse Splits of Common and Preferred Shares Effective Date as Set by NASD - December 11, 2007
Monday December 10, 11:50 am ET
Company Name Changed to ZNext Mining Corporation, Inc., and State of Jurisdiction Changed to Delaware; New Common Stock Symbol: "ZNXT," Preferred "ZNXTP"
Broker/Dealers, Note New Stock Symbols and CUSIP Numbers
MANILA, Philippines--(BUSINESS WIRE)--Pearl Asian Mining Industries, Inc., USA (OTC Common Shares: PAIM)(OTC Preferred Shares: PAIIP); Germany (Xeta: R1z.De) and (Frankfurt: R1z.F - News) today announced that consistent with the company’s capital restructuring, the company’s board of directors and its 57% majority shareholders voted to change the name of the corporation to ZNext Mining Corporation, Inc. Additionally, the company has changed its state of domicile and jurisdiction from Wyoming to Delaware. NASD has set and announced December 11, 2007 as the effective date for the 500 for 1 Reverse Split of the common stock of Pearl Asian Mining Industries, Inc. and the 75 for 1 Reverse Split of the preferred stock of Pearl Asian Mining Industries, Inc.
All rights, titles and interests of predecessor Pearl Asian Mining Industries, Inc., a Wyoming Corporation, are vested in ZNext Mining Corporation, Inc., a Delaware Corporation.
Monday December 10, 11:50 am ET
Company Name Changed to ZNext Mining Corporation, Inc., and State of Jurisdiction Changed to Delaware; New Common Stock Symbol: "ZNXT," Preferred "ZNXTP"
Broker/Dealers, Note New Stock Symbols and CUSIP Numbers
MANILA, Philippines--(BUSINESS WIRE)--Pearl Asian Mining Industries, Inc., USA (OTC Common Shares: PAIM)(OTC Preferred Shares: PAIIP); Germany (Xeta: R1z.De) and (Frankfurt: R1z.F - News) today announced that consistent with the company’s capital restructuring, the company’s board of directors and its 57% majority shareholders voted to change the name of the corporation to ZNext Mining Corporation, Inc. Additionally, the company has changed its state of domicile and jurisdiction from Wyoming to Delaware. NASD has set and announced December 11, 2007 as the effective date for the 500 for 1 Reverse Split of the common stock of Pearl Asian Mining Industries, Inc. and the 75 for 1 Reverse Split of the preferred stock of Pearl Asian Mining Industries, Inc.
All rights, titles and interests of predecessor Pearl Asian Mining Industries, Inc., a Wyoming Corporation, are vested in ZNext Mining Corporation, Inc., a Delaware Corporation.
