The Tirex Corporation (TXMC)

[Johnnymangoes]

Form 8-K for TIREX CORP


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8-Dec-2010

Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statements



Item 5.03 Amendments to Articles of Incorporation or Bylaws
On December 6, 2010, The Tirex Corporation filed with the State of Delaware an Amendment to its Certificate of Incorporation, increasing the authorized $0.001 par value common stock from the two billion (2,000,000,000) shares to two billion five hundred million (2,500,000,000) common shares (the "Amendment"). The Board unanimously authorized the Amendment and the shareholders approved the Amendment by a majority consent of shareholder votes.

Management intends to use part of this increase in Tirex's authorization to satisfy certain liabilities, accrued and unpaid salaries, to compensate legal counsel and consultants for services actually rendered or to be rendered and to provide working capital to further the business activities of the corporation.