Shares of ABV Gold, Inc. (ABVG.PK) Climed 20% Wednesday to close at .02 on news that the company plans to retire 132 million shares. Daniel Ryan, President of ABV Gold, Inc. stated in the press release, “The paperwork at the transfer agency has been finalized. This allows us to initiate the retirement of the 132 million common shares announced in our August 14th, 2007 press release. We were unable to complete the retirement transaction until the T/A paperwork was completed. Now that we are done we will be speaking to counsel tomorrow to move this share retirement forward. A share retirement is the cornerstone of our plan to maximize shareholder value. Our shareholders can expect further updates in this week’s conference call.”
ABV Gold is a publicly traded, junior mining-exploration company headquartered in Montreal, Canada. The company pursues the acquisition and development of mining properties known to contain significant mineral assets, principally uranium and or gold.
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