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Bullboard - Stock Discussion Forum Green Mining Innovation Inc V.GMI

Alternate Symbol(s):  GDMIF

Green Mining Innovation Inc., formerly Goldstar Minerals Inc., is a Canada-based natural resource exploration and development company. The Company is focused on developing deposits that contain gold and technology metals in mining jurisdictions in Canada. It holds four mining properties, which include Fortune Property, Panache North Property, and Upton Property located in the Province of Quebec... see more

TSXV:GMI - Post Discussion

Green Mining Innovation Inc > Did You Know of the Important Annual Meeting?
View:
Post by TrueCanuck1 on Sep 16, 2020 8:41pm

Did You Know of the Important Annual Meeting?

Scheduled for December 2020.....

Share consolidation

The Corporation intends to proceed to a consolidation of its outstanding shares on the basis of one (1) post-consolidation common share for every ten (10) pre-consolidation common shares. The Corporation will seek shareholder approval for the share consolidation at its next annual meeting to be held in December 2020. All subscribers under the private placement have agreed to the share consolidation.

Comment by Dollarpee on Sep 17, 2020 2:20am
Share Consolidation only shrinks the size of the OS by 10. From 163Million shares to 16.3million shares, happening around December and that even makes it a low floater eventually. Would had rather prefer dilution?? The settled their debts with shares already and began drilling plans on the 96million tonnes of gold property. Please read between the lines.....
Green Mining Innovation Inc