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Platinum Group Metals (PGM) in the Stillwater Igneous Complex of Montana

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Message: Announcement of Approved Business Combination

Announcement of Approved Business Combination

posted on Jul 18, 2009 11:07AM

Beartooth Platinum and Kria Resources, Inc. close business combination Friday, July 17. Beartooth common shares have been consolidated on the basis of one new common share for every twenty old Beartooth shares. There will be approximately 47, 312,364 new Kria shares issued. Beartooth has filed articles of amendment changing its name to "Kria Resources Ltd". Further, Xstrata Canada Corporation holds a security interest in Kria. Beartooth previously entered into a Letter of Intent with Nevoro, Inc. regarding the proposed sale of the Stillwater Complex.

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