“2017 was a strong year for Inter-Rock, generating record revenue and cash flow. All three businesses recorded higher operating cash flow in 2017 as compared with the year earlier. The strong cash flow allowed the Company to reduce debt by $2.3 million in 2017,” said Mr. Michael Crombie, Chief Executive Officer.
At the request of IIROC, Inter-Rock Minerals Inc. (TSX-V: IRO) (“Inter-Rock”) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.
Toronto, December 29, 2017 – Inter-Rock Minerals Inc. (TSX-V: IRO) (“Inter-Rock”) is pleased to announce that it has completed its continuance out of Barbados and into Ontario, Canada (the “Continuance”), as well as the repeal of its former by-law and adoption of a new by-law (the “New By-Law”). The Continuance and the New By-Law were approved by shareholders of Inter-Rock (the “Shareholders”) at a special meeting of Shareholders held on December 6, 2017.