Canadian Shells

[Tackler]

TAS Terra Ventures effects 1:18 share consolidation

2004-06-10 16:23 ET - Change Name, Roll Back Shares

Name change and consolidation

Pursuant to a special resolution passed by shareholders on Aug. 26, 2003, Terra Ventures Inc. has consolidated its capital on an 18-old-for-one-new basis. The name of the company has also been changed as follows.

Effective at the opening on Friday, June 11, 2004, the common shares of Terra Ventures will commence trading on the TSX Venture Exchange, and the common shares of RET Internet Services will be delisted. The company is classified as a "temporarily unclassified" company.

Postconsolidation capitalization: 5,555,555 shares with no par value, of which 1,006,475 shares are issued and outstanding

Escrow: Nil

Transfer agent: Pacific Corporate Services Ltd. (Vancouver)

Trading symbol: TAS.H (new)

CUSIP No: 88102A 10 9 (new