PRESS
RELEASE 11-02
NAME
CHANGE AND SHARE CONSOLIDATION
February 9, 2011 - Nubian
Resources Ltd. (NBR:TSX.V) (the "Company) (formerly
ICS Copper Systems Ltd.) announces that effective
today Wednesday, February 9, 2011, the consolidated
common shares of the Company commenced trading on
the
TSX Venture Exchange (the "Exchange"), on the
basis of one (1) post-consolidated common share for
every five (5) pre-consolidated common shares held
(the "Consolidation"), under the new Company name
"NUBIAN RESOURCES LTD."
The consolidation was
approved by a special resolution of the shareholders
at the Company's
Annual
General Meeting and Special Meeting held on
January 11, 2011 (see the
Company's news release dated January 13,
2011). Prior to the consolidation, the Company had
35,888,869 common shares issued and outstanding and
the Company now has 7,177,772 common shares issued
and outstanding post-consolidation.
The Company's trading
symbol has changed from ICX to NBR. The Company's
new
CUSIP number is 67021Q106 and new
ISIN
number is CA67021Q1063.
A
Letter
of Transmittal with respect to the name
change and share consolidation will be mailed to the
registered shareholders of the Company.
Further details of the
consolidation are contained in the Company's
Information Circular dated November 30, 2010, which
was mailed to shareholders and filed on SEDAR (www.sedar.com).
NUBIAN
RESOURCES LTD. (formerly ICS Copper Systems Ltd.)
Signed
"Graham Chisholm"
Graham
Chisholm
President & CEO
For
further information please contact:
Graham
Chisholm
graham@icscopper.com Office: (604)
859-3007; Cell:
(604) 302-0746
Jeannette Durand jeannette@icscopper.com
Web
Page:
www.icscopper.com (being updated) |