TORONTO, ONTARIO--(Marketwired - May 17, 2013) - Golden Cross Resources Inc. has announced a name change to Blue Gold Water Technologies Ltd. and the consolidation of its common shares on the basis of one (1) new post-consolidation common share for each two (2) pre-consolidation common shares effective May 21, 2013. All fractional shares resulting from the consolidation will be rounded up to the next greater whole number if the fractional entitlement is equal to or greater than 0.5 and will, without any additional compensation, be rounded down to the next lesser whole number if the fractional entitlement is less than 0.5. As a result the outstanding common shares of the company will be reduced to approximately 28,692,223.

The common shares of Blue Gold Water Technologies will begin trading on a consolidated basis on Tuesday, May 21, 2013. The Company will trade under the new symbol "BGO".

CNSX Dealers are reminded to re-enter their orders under the new symbol and taking into account the share consolidation.

Listing and disclosure documents for Blue Gold Water Technologies are available in the Listings Disclosure Hall