share consolidation
Can't tell if this is trading since the R/S
Taku Gold undertakes 10:1 Consolidation, Shares for Debt Settlement and Commences Trading on the Canadian Securities Exchange
Vancouver, B.C., January 5, 2015 - Taku Gold Corp. (the "Company") (CSE: TAK)
announces that further to the Company’s news release dated December 24, 2014, the Company is undertaking a 10:1 Consolidation and Shares for Debt Settlement in conjunction with listing on the Canadian Securities Exchange ("CSE"). The Company is delisting its common shares from the TSX Venture Exchange at the close of business day on January 5, 2015 and will commence trading its common shares on post-consolidated basis on CSE on January 6, 2015. The Company’s name and trading symbol will remain the same. The new CUSIP number will be 874072200.
The Company concurrently will undertake shares-for-debt settlements in the aggregate amount of $158,000 as owed to four creditors, by the issuance of an aggregate of 1,580,000 post-consolidated common shares of the Company at $0.10 per common share. The common shares issued pursuant to this debt settlement will be subject to a hold period expiring May 6, 2015.
On Behalf of the Board of Taku Gold Corp.,
Zachery Dingsdale