Bam Bam Resources Announces Share Consolidation and NAME Change
NEWS RELEASE
BAM BAM RESOURCES ANNOUNCES SHARE CONSOLIDATION AND NAME
CHANGE
VANCOUVER, BC — April 26, 2022 — Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF /
FSE: 4NPB ) (“Bam Bam ” or the “Company”) announces that the Board of Directors have
approved a consolidation of the Company’s common shares on the basis of one (1) post -
consolidated share for every ten (10) pre-consolidated shares (the “Consolidation”).
Currently, the Company has 187,788,818 common shares issued and outstanding. Following the
Consolidation, the Company will have approximately 18,778,881 common shares issued and
outstanding. No fractional shares will be issued but will instead be rounded as provided for in
section 83(1) of the Business Corporations Act (British Columbia).
In conjunction with the Consolidation, the Company will be changing its name to “ Majuba Hill
Copper Corp.” The Company also intends to change its trading symbol on the Canadian
Securities Exchange to “JUBA”.
The Company will issue a further news release announcing the effective date in which the
Company will commence trading under the new name, symbol and CUSIP number.
Further, the Company has granted an aggregate 10,250,000 restricted share units (the “RSUs”)
to directors and consultants of the Company. The RSUs are valid for a one -year term and are
governed by the Company’s RSU Plan, approved by the Company’s shareholders on December
2, 2019.
About Bam Bam Resources Corp.
Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF / FSE: 4NPB) is engaged in the
identification, review and acquisition of latter stage copper and copper/ silver/gold
assets. This is in direct response to the growing worldwide demand and lack of supply
for precious metals fueled by the Green New Deal in the US and most other developed
nations with similar programs aimed at addressing climate change. Such programs
are heavily reliant on silver, gold and especially copper to produce Electric Vehicles
and other renewable power sources, as well as building infrastructure to provide clean
and affordable electricity.
The flagship project is the Majuba Hill copper, silver and gold District located 156
miles outside Reno, Nevada, USA. Management has been mandated to focus on safe,
mining friendly jurisdictions where government regulations are supportive of mining
operations.
On Behalf of the Board of Bam Bam Resources Corp.
“David Greenway”
David C. Greenway
President & CEO
For further information, please contact:
Joel Warawa
VP of Corporate Communications
P: 1 (855) 475-0745
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the
policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy
of this release.
This news release may contain forward-looking statements based on assumptions and judgments
of management regarding future events or results. Such statements are subject to a variety of
risks and uncertainties, which could cause actual events or results to differ materially from those
reflected in the forward-looking statements. The Company disclaims any intention or obligation to
revise or update such statements.