More real news should be available now as they ready trading THE COMPANY ANNOUNCES SHARE CONSOLIDATION AND NAME CHANGE
Upper Canyon Minerals Corp. intends to consolidate its common shares on a one-for-four basis. The company currently has 19,647,474 common shares issued and outstanding. Following the consolidation, the company will have approximately 4,911,868 common shares issued and outstanding, prior to rounding for fractional shares. Concurrently with the consolidation, the company will be changing its name from Upper Canyon Minerals Corp. to Savannah Minerals Corp.
The consolidation and name change were approved by the board of directors of the company, and are subject to the approval of the TSX Venture Exchange. The company will disseminate a further news release upon TSX-V acceptance, which will set out the effective date for the consolidation.