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Re: LGL8054 post# 22

Thursday, 03/15/2012 6:54:57 PM

Thursday, March 15, 2012 6:54:57 PM

Post# of 26
Journey Resources Corp. Announces Name Change and Share Consolidation

Vancouver, B.C., December 16, 2010 – JOURNEY RESOURCES CORP. (TSX-V: JNY, Frankfurt: JL4) (“the “Company”) announces that effective as of the opening Friday, December 17, 2010, the consolidated common shares of the Company, will commence trading on the TSX Venture Exchange (the “Exchange”), on the basis of one (1) post-consolidated common share for every eight (8) pre-consolidated common shares held (the “Consolidation”), under new Company name “MUSGROVE MINERALS CORP.”

The consolidation was approved by the shareholders at the Company’s Special Meeting held on November 23, 2010 (the “Special Meeting”) (see the Company’s news release dated November 23, 2010). The consolidation and name change were approved by the Exchange on December 15, 2010. At current date, the Company has 116,733,046 common shares issued and outstanding and the Company will have approximately 14,591,631 common shares issued and outstanding post-consolidation.

Under the Company’s Articles, the directors of the Company passed a resolution to change the name of the Company, from Journey Resources Corp. to Musgrove Minerals Corp.

The Company’s new trading symbol will change from JNY to MGS. The Company’s new CUSIP number is 627511108 and new ISIN number is CA6275111087.

A Letter of Transmittal with respect to the name change and share consolidation will be mailed to the shareholders of the Company.

All shareholders will be required to send their respective certificates representing the pre-consolidated common shares along with a properly completed Letter of Transmittal to the Company’s transfer agent, Computershare Trust Company of Canada (“Computershare”), in Toronto, Ontario, all in accordance with the instructions provided in the Letter of Transmittal. Additional copies of the Letter of Transmittal can be obtained through Computershare (Shareholder Services 1-800-564-6253 or by e-mail to corporateactions@computershare.com). All shareholders who submit a duly completed Letter of Transmittal along with their respective pre-consolidated common share certificate(s) to Computershare, will receive a post –consolidated common share certificate under new company name Musgrove Minerals Corp.

Further details of the consolidation are contained in the Company’s Information Circular dated October 21, 2010, which was mailed to shareholders and filed on SEDAR (www.sedar.com).

BY ORDER OF THE BOARD



”Jatinder (Jack) Bal”

Jatinder (Jack) Bal

President and CEO

JOURNEY RESOURCES CORP.

For further information on Journey Resources Corp., contact Jack Bal at (604) 633-2442, toll free 1-800-667-1442, e-mail jackbal@journeyresourcescorp.com, or visit our website at www.journeyresourcescorp.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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