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CastleRock Contemplates Financing & Share Consolidation.


TORONTO -- The directors of CastleRock Resources Inc. (the "Company") are pleased to announce that the Company is contemplating a financing for gross proceeds of up to CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $4.0 million. The Company will announce details if, as and when they are determined.

The directors also announce that the Company is contemplating a share consolidation, on a maximum five shares (preconsolidation) for one share (postconsolidation) basis. The shareholders' meeting material that will be forwarded in connection with the upcoming special meeting to be held on December 29, 2004, will contain the full details of the proposed consolidation. Shareholders will be asked, among other things, to pass a special resolution to authorize and approve the proposed consolidation.

The TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CastleRock Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:CRI CRI

constant-rate infusion.
)
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 5, 2004
Words:141
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