Strikepoint receives TSX-V approval for 1:10 rollback
Strikepoint receives TSX-V approval for 1:10 rollback
2016-02-25 16:51 ET - News Release
Mr. Shawn Khunkhun reports
Further to its news release dated Feb. 22, 2016, the TSX Venture Exchange has approved a share consolidation of Strikepoint Gold Inc.'s common shares on a 10-old-for-one-new basis.
The effective date of the share consolidation will be at market open on Friday, Feb. 26, 2016. Accordingly, the company will have approximately 14,302,685 shares issued and outstanding. The company's new Cusip and ISIN numbers are 86332K202 and CA86332K2020, respectively. The trading symbol of the company will remain SKP.
No fractional common shares will be issued, and no cash will be paid in lieu of fractional postconsolidation common shares. The number of postconsolidation common shares to be received by a shareholder will be rounded down the nearest whole common share.
Letters of transmittal with respect to the consolidation will be mailed to all registered shareholders of the company. All shareholders who submit a duly completed letter of transmittal along with their respective share certificate(s) representing the preconsolidated shares to the company's transfer agent, Computershare Trust Company of Canada, will receive a share certificate representing the postconsolidated shares.