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Enter Symbol
or Name
USA
CA



Natan Resources Ltd
Symbol NRL
Shares Issued 16,592,001
Recent Sedar Documents

ORIGINAL: Natan closes QT, resumes trading as mining issuer

2013-04-19 19:48 ET - News Release

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File: Natan - news release dated April 19, 2013 announcing closing of the QT (qualifying transaction).DOCX

 
NEWS RELEASE
April 19, 2013
 TSX-V:  NRL
 
 
NATAN ANNOUNCES CLOSING OF ITS QUALIFYING TRANSACTION
VANCOUVER, BRITISH COLUMBIA - Natan Resources Ltd. ("Natan" or the "Company") is pleased to announce that further to i
--->ts news releases of February 7, March 27 and April 11, 2013, it has completed its Qualifying Transaction (the "Qualify
--->ing Transaction") described in the Company's amended Filing Statement dated effective April 9, 2013 (the "Filing State
--->ment"), a copy of which is available under the Company's SEDAR profile at www.sedar.com.  Effective at the opening of 
--->market on April 19, 2013, the trading symbol for the Company changed from NRL.P to NRL, and the common shares of the C
--->ompany resumed trading on the TSX Venture Exchange (the "TSX-V").  Pursuant to the policies of the TSX-V, the Company 
--->is no longer a Capital Pool Company and is now classified as a Tier 2 Mining issuer. 
Description of the Qualifying Transaction
The Company's Qualifying Transaction consisted of an share exchange agreement dated January 22, 2013 between the Compa
--->ny and Bethlehem Iron Ore Corp. ("Bethlehem") for the acquisition of all of the issued and outstanding common shares o
--->f Bethlehem in exchange for common shares of Natan (the "Transaction").  For further details on the Transaction, pleas
--->e see the Company's news release dated February 7, 2013.  In connection with the Qualifying Transaction, Natan issued 
--->1,000,000 common shares at a deemed price of $0.11 per share to former shareholders of Bethlehem.
Board of Directors
In connection with the Qualifying Transaction and effective immediately, Adrian Allister Smith was appointed as an add
--->itional director of the Company.  The board of directors now consists of four members and they are Brett Matich, Sean 
--->Mcgrath, Joel Schuster and Adrian Allister Smith. 
For further details on the Company's directors and officers, please see the Filing Statement (a copy of which is avail
--->able at www.sedar.com).
On Behalf of the Board,
 "Brett Matich"
Brett Matich
CEO and Director
 For more information contact: Brett Matich at (604) 662-8183. 
 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
---> TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



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