THE BOURSE WHISPERER: BC Iron (ASX: BCI) is set to change the company’s name in a bid to reflect its broadening horizons.
BC Iron announced that, in accordance with a special resolution passed by shareholders at the company’s Annual General Meeting it will now be known as BCI Minerals Limited.
The company explained it is hoping to increase the value of its portfolio of assets in iron ore, salt, potash, gold and base metals.
“The Company’s ASX ticker will remain ‘BCI’ and trading on the ASX under the new name will commence on Wednesday 6 December 2017,” BC Iron said in its ASX announcement.
“Other than the new name, nothing will change with respect to shareholdings and no action is required from shareholders.”