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Canstar Resources Inc V.ROX

Alternate Symbol(s):  CSRNF

Canstar Resources Inc. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties located in Canada. The Company’s flagship exploration project is the Golden Baie project in south-central Newfoundland. The Golden Baie project is the Company’s flagship precious metals exploration asset. Its 100%-owned Golden Baie Project (548.75 square kilometers) hosts 93 kilometers (km) of a structure similar to Newfound Gold's QueenswayGold Project. Its Buchans-Mary March projects (65.75 square kilometers), which include a Glencore joint venture, are located within the past, producing VMS zinc-copper-silver rich Buchans Mining Camp and boast high-grade zinc and copper discoveries. The Buchans-Mary March Project is located in central Newfoundland, 20 km northeast of the same geological group that hosts the former producing Buchans Mine. Its wholly owned subsidiary is Altius Minerals Corporation.


TSXV:ROX - Post by User

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Post by KingoftheKongon Jan 11, 2017 2:42pm
250 Views
Post# 25695404

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CANSTAR RESOURCES INC. ("ROX") BULLETIN TYPE: Share Capital Reorganisation, Miscellaneous BULLETIN DATE: January 6, 2017 TSX Venture Tier 2 Company Effective at the opening, Monday, January 9, 2016, the CUSIP Number of the Company will change to 138081203; however the name and symbol will not change. Pursuant to a special resolution passed by shareholders December 14, 2016, the Exchange has accepted for filing documentation relating to the Company's Small Shareholder Consolidation Program. Under the terms of the program, the Company will eliminate all of the registered shareholdings of less than 500 shares in exchange for a cash payment. This will be completed by a share consolidation on a 1 for 500 basis followed by a share split on a 500 for 1 basis. The Company is classified as a 'Mineral Exploration/Development' company. Post - Consolidation Capitalization: unlimited shares with no par value of which 102,497,564 shares are issued and outstanding Escrow 0 shares are subject to escrow Transfer Agent: TSX Trust Company Trading Symbol: ROX (UNCHANGED) CUSIP Number: 138081203 (new) Letters of Transmittal will be used to effect the Share Capital Reorganization. Letters of Transmittal were mailed to shareholders to return their present share certificates in exchange for new share certificates. For further information, please refer to the Company's Information Circular dated November 14, 2016, and news release dated November 17, 2016.
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