GREY:HBEXF - Post by User
Post by
Spydogson Mar 02, 2018 5:45pm
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Post# 27654420
Consolodation and Split?
Consolodation and Split?I have not looked at this stock for a month.....what just happened here for someone with over 1000 shares?
Toronto, Ontario--(Newsfile Corp. - February 9, 2018) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that it will effectuate a consolidation and stock split of its issued share capital, the implementation of which will result in the elimination of all shareholdings of less than 1000 shares. This transaction was approved by the shareholders of the Company at its annual and special meeting of shareholders held on January 8, 2018.
The shareholdings of less than 1000 shares will be eliminated through a consolidation of the common shares on a 1 for 1000 basis effective on Friday, February 9, 2018 (the "Consolidation Date"), the cancellation of the fractional shares created by the consolidation, and the subsequent split of the remaining shares on a 1000 for 1 basis effective at 12:01 a.m. on Monday, February 12, 2018.
Read more at https://www.stockhouse.com/news/press-releases/2018/02/09/hornby-announces-amendment-to-articles-to-eliminate-small-shareholdings#8kBoxZTj8w0u1tW4.99