Roxgold Inc. - News Releases - Roxgold Proposes Share Consolidation

March 22, 2010
Roxgold Proposes Share Consolidation

Vancouver, BC - March 22, 2010 Inc. (ROG:TSX.V "Roxgold or the"Company") announces that at the annual meeting of shareholders to be held April 19, 2010, Roxgold is seeking shareholder approval to consolidate its share capital on the basis on three (3) old Roxgold shares for one (1 )new share. The Company currently has 34,885,577 shares outstanding and if the consolidation is approved by shareholders it would result in 11,628,525 shares outstanding. The Company believes the consolidation is necessary to facilitate the financing of future mineral exploration activities or acquisitions. Both shareholder approval and TSX Venture Exchange acceptance are necessary for the Company to proceed with the proposed share consolidation. The Company anticipates retaining its current name, however, should the directors ascertain that changing the Company's name would be in the best interests of the Company, they will proceed with a name change.

ON BEHALF OF THE BOARD

"Alan Raven"

President

Contact:
Roxgold Inc.
880 -- 580 Hornby Street, Vancouver, BC
Alan Raven, President
604-806-0991 ext 117
Email alan@roxgold.com

or

Barry Girling, Director
604-806-0991 ext 102
Email barry@roxgold.com

NEITHER 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

You can view the Next News Releases item: Mon Apr 19, 2010, Annual General Meeting Results You can view the Previous News Releases item: Tue Mar 9, 2010, Orocan Resource Corp. Options TJ Ridge Property You can return to the main News Releases page, or press the Back button on your browser.

		News		News Releases
		2010 2009 2008 2007 2006 2005 If you have further questions please contact info@roxgold.com			March 22, 2010 Roxgold Proposes Share Consolidation Vancouver, BC - March 22, 2010 Inc. (ROG:TSX.V "Roxgold or the"Company") announces that at the annual meeting of shareholders to be held April 19, 2010, Roxgold is seeking shareholder approval to consolidate its share capital on the basis on three (3) old Roxgold shares for one (1 )new share. The Company currently has 34,885,577 shares outstanding and if the consolidation is approved by shareholders it would result in 11,628,525 shares outstanding. The Company believes the consolidation is necessary to facilitate the financing of future mineral exploration activities or acquisitions. Both shareholder approval and TSX Venture Exchange acceptance are necessary for the Company to proceed with the proposed share consolidation. The Company anticipates retaining its current name, however, should the directors ascertain that changing the Company's name would be in the best interests of the Company, they will proceed with a name change. ON BEHALF OF THE BOARD "Alan Raven" President Contact: Roxgold Inc. 880 -- 580 Hornby Street, Vancouver, BC Alan Raven, President 604-806-0991 ext 117 Email alan@roxgold.com or Barry Girling, Director 604-806-0991 ext 102 Email barry@roxgold.com NEITHER 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 You can view the Next News Releases item: Mon Apr 19, 2010, Annual General Meeting Results You can view the Previous News Releases item: Tue Mar 9, 2010, Orocan Resource Corp. Options TJ Ridge Property You can return to the main News Releases page, or press the Back button on your browser.