Blackrock Resources Inc. Announces Proposed Name Change to Black Mountain Resources...
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Blackrock Resources Inc. Announces Proposed Name Change to Black Mountain
Resources Inc.
RENO, Nev., Aug. 27, 2009 (GLOBE NEWSWIRE) -- Blackrock Resources Inc.
(OTCBB:BCKR) today filed articles of amendment with the Secretary of State
requesting that its name be changed from Blackrock Resources Inc. to Black
Mountain Resources Inc. As previously disclosed in its Form 10-Q Quarterly
Report filed on August 19, 2009, in July 2009, the Company received
correspondence from BlackRock Inc. (NYSE:BKR), a company listed on the NYSE
trading under the symbol BKR, claiming that the use of "Blackrock" in the
Company's name infringes upon BlackRock Inc.'s registered service mark. Since
BlackRock Inc. threatened legal action if the name of the Company was not
changed, the management of the Company has deemed it in the best interests of
the Company and its shareholders to change its name to Black Mountain Resources
Inc., rather than fight a costly legal battle to retain the name of Blackrock
Resources Inc.
The Company's proposed name change to Black Mountain Resources Inc. is subject
to approval by FINRA and the Nevada Secretary of State. In anticipation of the
name change, the Company has registered a new domain name at
www.blackmountainresources.com and has deactivated its old website.
The Company will keep its shareholders informed as it obtains approval from
FINRA. The Company anticipates that FINRA will issue a new trading symbol to
reflect the name change of the Company.
About the Company
The Company is an independent mineral exploration company engaged in the
acquisition, exploration and development of high-quality gold, silver, and
copper properties in North and South America. The Company's objective is to seek
high quality resource projects with good exploration and production potential.
More information can be found about the Company at its website:
http://www.blackmountainresources.com
Forward-Looking Statements
You should not place undue reliance on forward-looking statements in this press
release. This press release contains forward-looking statements that involve
risks and uncertainties. Words such as "will," "anticipates," "believes,"
"plans," "goal," "expects," "future," "intends," and similar expressions are
used to identify these forward-looking statements. Actual results could differ
materially from those anticipated in these forward-looking statements for many
reasons, including the risks we face as described in this press release.
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CONTACT: Blackrock Resources Inc.
Charles Irizarry, President
702-560-8551
info@blackmountainresources.com
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