NEWS Approval of Share Consolidation Commerce Resources Corp. Announces Approval of Share Consolidation
VANCOUVER. BC / ACCESSWIRE / August 12, 2019 / Commerce Resources Corp. (TSXV:CCE)(FSE:D7H) (the "Company" or "Commerce") announces that, further to its News Release of July 29, 2019, the TSX Venture Exchange has approved the consolidation of the common shares of the Company (each, a "Share") on the basis of ten (10) pre-consolidation Shares for one (1) post-consolidation Share (the "Consolidation"). The Consolidation will become effective at the opening of the market on August 15, 2019. The Company's symbol shall remain as "CCE". Currently, a total of 310,496,558 Shares are issued and outstanding. Accordingly, upon the Consolidation becoming effective, a total of 31,049,655 Shares, subject to adjustments for rounding, will be issued and outstanding. There is no maximum number of authorized Shares.
Computershare Investor Services Inc. ("Computershare") will mail letters of transmittal to the shareholders providing instructions on exchanging pre-Consolidation share certificates for post-Consolidation share certificates. Shareholders are encouraged to send their share certificates, together with their letter of transmittal, to Computershare in accordance with the instructions in the letter of transmittal...
https://www.finanznachrichten.de/nachrichten-2019-08/47416063-commerce-resources-corp-announces-approval-of-share-consolidation-200.htm