Aug 8 (Reuters) - RockBridge Resources Inc RBE.V :
* ROCKBRIDGE TO RESTRUCTURE AFTER MERGER CANCELLED
* ROCKBRIDGE RESOURCES INC - PROPOSED MERGER WITH 1100556 B.C. LTD NOW TERMINATED
* ROCKBRIDGE RESOURCES INC - WILL BE CONSOLIDATING ITS COMMON SHARE CAPITAL ON A 4 OLD FOR 1 NEW SHARE BASIS
* ROCKBRIDGE RESOURCES INC - WILL BE SETTLING DEBT OF $128,880 WITH 2.1 MILLION POST-CONSOLIDATED SHARES AT $0.06 EACH
* ROCKBRIDGE RESOURCES INC - WILL ALSO BE CONDUCTING A PRIVATE PLACEMENT OF POST-CONSOLIDATED SHARES AT $0.06 EACH, FOR GROSS PROCEEDS OF $250,000
* ROCKBRIDGE RESOURCES INC - PROCEEDS WILL BE UTILIZED, ALONG WITH SHARES FOR DEBT, TO PAY OFF ALL OF COMPANY'S LIABILITIES, AND FOR WORKING CAPITAL
* ROCKBRIDGE RESOURCES INC - GURM SANGHA HAS RESIGNED FROM BOARD OF DIRECTORS