ARBOR METALS TO SPLIT SHARES 2020-03-23 06:52 ET - News Release
Shares issued 13,591,450
ABR Close 2020-03-20 C$ 0.80
Mr. Mark Ferguson reports
ARBOR METALS TO SPLIT SHARES
Arbor Metals Corp. will undertake a forward share split on the basis of 2-1/2 additional common shares for every one common share currently outstanding.
The record date for the share split will be March 27, 2020. The company's common shares will begin trading on a postshare-split basis, under the existing ticker symbol, effective at the open of markets on March 26, 2020.
The share split is being conducted on a pushout basis. DRS statements for the additional shares resulting from the share split will be mailed to shareholders of record as of March 27, 2020, by the company's transfer agent, Odyssey Trust Company. Shareholders of the company do not need to take any action with respect to the share split, and there is no change to the company's Cusip and ISIN in connection with the share split. Following completion of the share split, the company will have approximately 47,570,075 common shares outstanding.
We seek Safe Harbor.