J-Pacific Gold Inc. Announces Shareholder Approval to Proposed Consolidation, Name Change and Grant of Stock Options to Insider
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 16, 2009) - J-Pacific Gold Inc. (the "Company") (TSX VENTURE:JPN)is pleased to announce that at the Company's special meeting held on December 11, 2009, shareholders approved the name change to Sona Resources Corp., the consolidation of the Company's issued and outstanding share capital on a five old shares for one new share basis and the granting of 840,000 post-consolidation stock options to insiders of the Company. The name change and consolidation are subject to the approval of the TSX Venture Exchange.
The Company anticipates completing the name change and consolidation in the new year.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.