Strategic Merchant shareholders approve name change
2006-08-01 22:22 ET - News Release
Mr. Neil Linder reports
STRATEGIC MERCHANT BANCORP LTD. NAME CHANGE TO STRATEGIC NEVADA RESOURCES CORP.
Strategic Merchant Bancorp Ltd.'s shareholders, at its special general meeting held on July 31, 2006, approved a name change from Strategic Merchant Bancorp Ltd. to Strategic Nevada Resources Corp. The company will trade under a new symbol SNS and the name change will be effective as of the market opening on Aug. 2, 2006. The name change reflects the company's transition from a merchant banking and investment company to a junior resource exploration and development company focusing on Nevada. The company is presently engaged in the acquisition, exploration and development of natural resource properties primarily in Nevada.