PARA RESOURCES INC. ("PBR") [formerly Kensington Court Ventures Inc. ("KCT")] BULLETIN TYPE: Name Change and Consolidation BULLETIN DATE: March 7, 2014 TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders November 25, 2013, the Company has consolidated its capital on a (five) 5 old for (one) 1 new basis. The name of the Company has also been changed as detailed below.
Effective at the opening, Monday, March 10, 2014, the common shares of Para Resources Inc. will commence trading on TSX Venture Exchange, and the common shares of Kensington Court Ventures Inc. will be delisted. The Company is classified as a 'Mining Exploration and Development' company.
Post - Consolidation Capitalization: Unlimited shares with no par value of which 5,611,600 shares are issued and outstanding Escrow: 1,867,500 shares
Transfer Agent: Computershare Investor Services Inc. Trading Symbol: PBR (new) CUSIP Number: 69889L104 (new) ________________________________________
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