Ashanti Gold Corp.

Gulf Shores Resources announces its intention to undertake the following: 1.) the consolidation of its current issued and outstanding common shares on the basis of one new post-consolidated share for every two outstanding shares; and 2.) a private placement to raise up to $800,000 through the sale of 16,000,000 post consolidated shares at $0.05 per post consolidated share. Proceeds of the placement will be used to pay [...]