RIFLE, Colo., Dec. 22, 2010 /PRNewswire/ -- Natural Resources USA Corporation (OTC Bulletin Board : NTRC ), a natural resources developer previously known as AmerAlia, Inc., confirmed on the 16th December that its Board of Directors has approved a change of fiscal year-end.
The fiscal year end has changed from June 30 to December 31 to bring the company in line with conventional North American practice and to reflect the trading cycle of the business.
The Board of Directors correspondingly amended the company Bylaws to reflect the change.
Natural Resources USA Corporation, which trades under the stock symbol of OTCBB: NTRC, also announced the following planned reporting schedule:
- A transition report for the period ending December 31, 2010 will be filed on Form 10-K.
- Financial results for the new fiscal first quarter ended March 31, 2011 will be reported in early May 2011.
- NTRC expects to hold its Annual Meeting of Stockholders for 2010 on February 9, 2011 in Chicago, and shareholders will be notified in due course.
The company encourages stockholders to direct any related queries to the Investor Relations team via the company website.
The company's annual report to the SEC for the year ended June 30, 2010 on Form 10-K can be found online at www.naturalresourcescorp.com.
ABOUT NATURAL RESOURCES USA CORPORATION
Natural Resources' business is to identify and develop natural resource assets. Its direct subsidiary, Natural Soda Holdings, and its wholly-owned subsidiary, Natural Soda, own Bureau of Land Management leases in Colorado covering large-scale deposits of naturally occurring sodium bicarbonate used for the production of various sodium bicarbonate products. Natural Soda also owns water rights. The company also owns various water assets and is currently seeking a Research Development & Demonstration (RD&D) lease from the Bureau of Land Management from deposits of identified oil shale.
Forward Looking Statements
Natural Resources USA Corporation's future conduct depends on a number of factors beyond our control, so we cannot assure you we will be able to conduct Natural Resources USA Corporation's operations as we contemplate in this report. This report contains various statements using the terms "may", "expect to", and other terms denoting future possibilities. They are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We cannot guarantee the accuracy of these statements as they are subject to a variety of risks beyond our ability to predict or control. These risks may cause actual results to differ materially from the projections or estimates contained in this report. These risks are discussed in our annual report filed with the Securities and Exchange Commission.
SOURCE Natural Resources USA Corporation