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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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