VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/11 --
Bonaventure Enterprises Inc. ('Bonaventure' or 'the Company') (TSX VENTURE: BVT) (FRANKFURT: YQG) announces that it intends to seek shareholder approval at its Annual General Meeting scheduled to be held on February 15, 2011 to a proposed consolidation of its share capital on 10 old shares for one new share basis, or such lesser whole number of pre-consolidated shares that the directors in their discretion may determine, to be implemented by the Company's Board of Directors in its discretion within six months of receipt of shareholder approval, subject also to receipt of regulatory acceptance. The Company also proposes changing its name to Iconic Minerals Ltd., or such other name as may be approved by the regulatory authorities. The Company will to disseminate a further News Release in regard to the consolidation and name change prior to effecting the same.
On behalf of the Board of Directors
Basil Pantages
Chairman
For further information on the Company, please visit our website at www.bonaventure.us. The Company's public documents may be accessed at www.sedar.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.
Contacts:
Bonaventure Enterprises Inc.
Basil Pantages, Chairman
(604) 718-2800
(604) 718-2808 (FAX)
www.bonaventure.us
