Laredo Resources (OTCQB: LRDR) Increases Authorized Limit of Common Shares
Ideas get bigger when you share them...
Vancouver, British Columbia - (Newsfile Corp. - April 15, 2014) (www.investorideas.com newswire) Laredo Resources Corp. (OTCQB: LRDR) (Laredo) announces that the Board of Directors has passed, along with majority shareholder consent, an amendment to the Articles of Incorporation, which was filed with the Secretary of State of Nevada on April 4, 2014 and now accepted. This increases the authorized common stock of the Company from approximately two billion (1,969,999,900) shares to three billion (3,000,000,000) shares of common stock, par value $0.00001.
The Amendment will not affect the number of the Company's issued and outstanding common shares.
Safe Harbor Statement:
This release may include "forward looking statements" within the meaning of Section 27 A of the Securities Act 1933 as amended, and Section 21 E and /or 27 E of the Securities Exchange Act of 1934, that are based on assumptions that in the future are inherently uncertain, may prove not to be accurate, and are subject to significant risks and uncertainties. These include, but are not limited to statements as to the future performance of the company, its ability to raise necessary financing, and other general economic risks and uncertainties.
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