International Gold Resources Reports on Its Two for One Stock Split.SEATTLE Seattle (sēăt`əl), city (1990 pop. 516,259), seat of King co., W Wash., built on seven hills, between Elliott Bay of Puget Sound and Lake Washington; inc. 1869. -- International Gold Resources Inc. ("IGR IGR insect growth regulator. ") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IGRU) is pleased to announce a two for one forward split of its common stock. Lyle Durham, IGR's VP Investor Relations Investor relations The process by which the corporation communicates with its investors. , stated, "Management has decided that it is in the shareholders' best interest to grant a common stock dividend to make the stock more affordable for investors, and that this would assist the company in its goals." International Gold Resources' outstanding issued common stock immediately following this forward split will increase from 38,643,003 shares to approximately 77,286,006. The number of shares issued to shareholders registered on February 24, 2006, will be rounded up to the nearest whole number. This forward split will be effective on March 1, 2006, for shareholders of record on that date. About International Gold Resources, Inc. The vision of International Gold Resources, Inc. (IGRU) is to secure, explore, and develop properties in Amapa State, Brazil. Our Brazilian mineral properties are comprised of approximately 210,000 hectares (520,000 acres) within the Brazilian Amapa belt, part of the Precambrian Guyana Shield. To date, over 50 million ounces of gold have been recovered in the Guyana Shield, the most prolific gold belt in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . At this time, we are a junior mining firm, with both immediate and future production potential. The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. |
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