News Releases

December 14, 2012
Corporate Update

December 14, 2012 - Vancouver, British Columbia, Canada: Bard Ventures Ltd. (the "Company" or "Bard") announces that it will ask its shareholders to approve, at its upcoming Annual General and Special Meeting to be held on January 21, 2013 (the "Meeting"), a special resolution authorizing the Company to consolidate all of its issued and outstanding common shares (the "Common Shares") on the basis of every ten (10) old Common Shares, or such lesser number as the Company's Board of Directors may determine, being consolidated into one (1) new Common Share (the "Share Consolidation").

The proposed Share Consolidation would result in the number of issued and outstanding Common Shares being reduced from the current outstanding 116,093,516 Common Shares to approximately 11,609,351 Common Shares. The Company also has outstanding options to purchase 18,753,369 Common Shares, equal to 1,875,336 Common Shares on a post-consolidation basis, and 13,225,333 warrants to purchase 13,225,333 Common Shares, equal to 1,322,533 Common Shares on a post-consolidation basis.

The Company does not intend to change its name or its current trading symbol in connection with the proposed Share Consolidation.

Management of the Company believes that the proposed Share Consolidation will better position the Company to raise the funds it requires to finance ongoing business activities including the exploration and development of its valuable portfolio of mineral properties. 

The proposed Share Consolidation is subject to shareholder approval and to TSX Venture Exchange acceptance.

For more information on the proposed Share Consolidation and other matters to be discussed at the Meeting, shareholders are encouraged to refer to the Company's management information circular and proxy materials, copies of which are being mailed to shareholders and filed under the Company's profile on SEDAR at

On behalf of:
Bard Ventures Ltd.

"Eugene Beukman"
Eugene Beukman, President

For further information and to review updated maps of the projects please visit our website at

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at for further information.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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