Avery Resources changes name to Bengal Energy, consolidates shares 5:1

By The Canadian Press

CALGARY - Avery Resources Inc. (TSX: ARY.TO), a junior Calgary oil and gas company, says it has received shareholders approval to change the name of the company to Bengal Energy Ltd. and to consolidate its shares five for one.

Bengal said late Friday the name change better reflects the company's broader international oil and gas focus after its purchase of Bengal Energy Inc. in February.

It's expected the company will trade on the TSX as Bengal Energy Ltd. and on a consolidated share basis next Tuesday and under a new stock symbol, BNG.