Rollback # ??Exn US$ traded @ .90 and is now US .8255,, at a 1 for 5 rollback that would give us a US$ 4.12 more then double the US$2.00 needed for a US listing. With the statement, "provided that the ratio shall be no smaller than one new post-consolidation Excellon Share for each five (5) preconsolidation"" Does that mean we are stuck with a minimum of a 1 for 5 post-consolidation rollback number ?
Or no rollback if we hit something / discovery at Silver City ? | Q:EXLLF - EXCELLON RESOURCES INC - https://www.excellonresources.com | 11:28:58 EDT |  Live Quote |
| EXLLF - Q | not subscribed | 0.82515 | +0.01515 | 1.9 | 20.1 | 16 | 30 | 0.78882 0.8395 0.78727 | 0.9569 0.1946 | 11:03:47 | Jul 22 |
April 17, 2020
The consolidation ratio, if deteremined to be in the best interests of Excellon, will be selected by the Excellon board of directors in its sole discretion, provided that the ratio shall be no smaller than one new post-consolidation Excellon Share for each five (5) preconsolidation Excellon Shares and no larger than one new post-consolidation Excellon Share for each ten (10) pre-consolidation Excellon Shares. The consolidation will occur at a time determined by the Excellon board of directors and announced by a press release.
M2