LONDON, Jan. 7, 2013 (GLOBE NEWSWIRE) -- Impact Explorations Inc. a publicly traded U.S. based junior exploration and mining company, today announced that effective immediately its company name has changed to Americas Diamond Corp ("Americas Diamonds" or "the Company ") and its ticker symbol has changed from (OTCBB:IXPL) to (OTCBB:ADMC).
The Company has also obtained FINRA approval for a five-for-one stock split of its common stock. The split is accomplished by a distribution of four shares of Americas Diamond Corp. common stock for each share outstanding and held by holders of record on October 15, 2012.
On December 31, 2012, the Company had 30 million shares outstanding. As a result of the five-for-one stock split, Americas Diamond Corp. now has 375 million shares outstanding. In due course, the company plans to make further announcements of a new management team along with a new revised corporate website.
ABOUT AMERICAS DIAMONDS: Americas Diamonds Corp. (OTCBB:ADMC) a publicly traded diamond and precious metals exploration company focused on emerging as an industry leader while effectively acquiring, exploring and developing natural resource properties. The Company is in the exploration stage. Its activities to date have been limited to capital formation, organization and development of its business plan and recently initiated exploration activities.
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Americas Diamond Corp. bases these forward-looking statements on current expectations and projections about future events, based on information currently available. The forward-looking statements contained in this press release may also include statements relating to Americas Diamond Corp.'s anticipated financial performance, business prospects, new developments, strategies and similar matters. Americas Diamond. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
ON BEHALF OF THE BOARD OF DIRECTORS,
Americas Diamond Corp
Chief Executive Officer
CONTACT: Americas Diamond Corp. 2nd Floor Berkeley Square House Berkeley Square London W1J 6BD United Kingdom Direct: +44 207 887 6189 Fax: +44 207 887 6001 Email: email@example.com INVESTOR RELATIONS: Email: firstname.lastname@example.orgSource:Americas Diamond Corp.