TORONTO--(Marketwire - Sep 6, 2012) - Punchline (OTCQB: PUNL) ("Punchline" or the "Company") is pleased to announce that the Company has received regulatory approval from FINRA to officially change its name to Punchline Resources Ltd. The updated name will more accurately reflect the nature of the Company's new mineral exploration and development focus.
The name change is effective Friday, September 7, 2012 and will not affect the Company's stock trading symbol or share certificates.
About Punchline Resources
Punchline Resources Ltd. is an emerging mineral resources company focused on both domestic and international exploration and development projects. The Company is currently evaluating several projects for potential acquisition and/or participation.
Some information in this press release constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the expectations that the Company will complete a mineral property acquisition. The words "plan", "forecast", "anticipates", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Punchline Resources Ltd. herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Punchline Resources Ltd. disclaims any obligation to update forward-looking statements contained in this press release, except as may be required by law.