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Sultan Minerals consolidates shares, changes name to Apex Resources

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Sultan Minerals consolidates shares, changes name to Apex Resources

SultanMinerals Inc. said July 15 that the company has consolidated itscommon shares on a 1-for-10 basis, effective July 18.

The company's issued and outstanding shares will be reducedto a total of 13,477,202 shares following consolidation.

The company also changed its name to Apex Resources Inc., asof the effective date.

The consolidated shares will trade under the ticker symbolAPX on the TSX Venture Exchange from July 18.

Sultan Minerals flagged the name change and share consolidation in June.