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Ferro Iron Ore Corp V.RRO



TSXV:RRO - Post by User

Post by HHAPPYon Jul 18, 2013 7:39am
375 Views
Post# 21614908

A change of name,Symbol AND cut back-sigh

A change of name,Symbol AND cut back-sighFerro Iron Ore to change name, symbol July 19

 

Ferro Iron Ore Corp (C:RRO) 
Shares Issued 26,476,673
Last Close 7/17/2013 $0.045
Thursday July 18 2013 - News Release

Mr. Alastair Neill reports

FERRO ANNOUNCES NAME CHANGE AND SHARE CONSOLIDATION

Effective July 19, 2013, Ferro Iron Ore Corp.'s name will change to Wolf Resource Development Corp., and the company's common shares will trade on the TSX Venture Exchange under its new ticker symbol, WRD.

In addition, the common shares of the company have been consolidated such that one new common share has been issued for every four common shares outstanding on the date hereof. A letter of transmittal will be sent by mail to shareholders advising that the name change and share consolidation have taken effect and instructing shareholders to surrender the certificates evidencing their common shares for replacement certificates representing the number of common shares to which they are entitled as a result of the consolidation. Until surrendered, each certificate representing common shares prior to the consolidation will be deemed for all purposes to represent the number of common shares to which the holder thereof is entitled as a result of the consolidation.

The shareholders of the company approved the name change and share consolidation at the annual and special meeting of the company held on May 30, 2013. Further details regarding the name change and share consolidation are contained in the company's information circular dated April 30, 2013, which has been filed on SEDAR.

 
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