GREY:ISOLF - Post by User
Comment by
Kevelleon Jul 30, 2018 9:02pm
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Post# 28388684
RE:4:20
RE:4:20Sedar: Form 51–102F3 MATERIAL CHANGE REPORT Item 1. Name and Address of Company Isodiol International Inc., 1212 Austin Ave Coquitlam, BC V3K 3P5 Item 2. Date of Material Change July 24, 2018 Item 3. News Release News Release dated July 24, 2018 was disseminated via GlobeNewswire and filed on SEDAR. Item 4. Summary of Material Change Isodiol International Inc. announces consolidation of share. Item 5. Full Description of Material Change 5.1 Full Description of Material Change Isodiol International Inc. (CSE: ISOL) (OTC: ISOLF) (FSE: LB6A.F) (“Isodiol” or the “Company”) ”) is pleased to announce that further to the Company’s news release dated June 27, 2018, the consolidated common shares of the Company at a ratio of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares (the “Consolidation”) held will commence trading on the Canadian Securities Exchange on July 24, 2018. The new CUSIP number will be 46500L 20 0 and the new ISIN number will be CA 46500L 20 0 3. Following the Consolidation, the Company’s issued and outstanding will be reduced from 395,803,482 to approximately 39,580,349. Any resulting fractional share entitlement remaining after conversion at .5 or over will be rounded up to the nearest whole number and below .5 will be rounded down to the nearest whole number. A letter of transmittal will be sent by mail to registered shareholders on July 27, 2018 advising that the name change previously announced on June 27, 2018 and the Consolidation have taken effect. The letter of transmittal will contain instructions on how registered shareholders can exchange their share certificates and/or DRS statements evidencing their pre-consolidated common shares for new share certificates and/or new DRS statements representing the number of post-consolidated common shares to which they are entitled. No action is required by non-registered shareholders (shareholders who hold their shares through an intermediary) to effect the Consolidation.