ISOL RS WITH HUGE RS ISOL THEN and NOW
Isodiol begins trading on consolidated basis
2018-07-24 08:36 ET - News Release
Mr. Marcos Agramont reports
ISODIOL INTERNATIONAL INC. FINALIZES SHARE CONSOLIDATION
Further to the company's news release dated June 27, 2018, the consolidated common shares of Isodiol International Inc. at a ratio of one postconsolidated common share for every 10 preconsolidated common shares held will commence trading on the Canadian Securities Exchange on July 24, 2018. The new Cusip number will be 46500L 20 0 and the new ISIN number will be CA 46500L 20 0 3.
Following the consolidation, the company's issued and outstanding common shares will be reduced from 395,803,482 to approximately 39,580,349. Any resulting fractional share entitlement remaining after conversion at 0.5 or over will be rounded up to the nearest whole number and below 0.5 will be rounded down to the nearest whole number.
A letter of transmittal will be sent by mail to registered shareholders on July 27, 2018, advising that the consolidation has taken effect. The letter of transmittal will contain instructions on how registered shareholders can exchange their share certificates and/or DRS statements evidencing their preconsolidated common shares for new share certificates and/or new DRS statements representing the number of postconsolidated common shares to which they are entitled. No action is required by non-registered shareholders (shareholders who hold their shares through an intermediary) to effect the consolidation.
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