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Altus Explorations Inc. Announces Forward Stock Split.


Business Editors

OLIVE BRANCH olive branch

symbol of peace and serenity. [Gk. and Rom. Myth.: Brewer Handbook; O.T.: Genesis, 8:11]

See : Peace
, Miss.--(BUSINESS WIRE)--Feb. 10, 2004

Altus Explorations Inc. (the "Company") (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ATUX) is pleased to announce that the Board of Directors of the Corporation has approved a four (4) for one (1) forward stock split (the "Forward Stock Split") of the Corporation's authorized au·thor·ize  
tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es
1. To grant authority or power to.

2. To give permission for; sanction:
, issued and outstanding common stock. As a result, the authorized capital authorized capital n (COMM) → capital m autorizado or social

authorized capital n (Comm) → capital social

 has increased from 200,000,000 to 800,000,000 shares of common stock with a par value of $0.001. There are 36,553,600 shares outstanding in the Company post-split.
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Publication:Business Wire
Date:Feb 10, 2004
Words:91
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