GREY:RNKLF - Post by User
Comment by
Pandoraon Jun 16, 2020 8:49pm
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Post# 31158141
RE:RE:News! link corrected?
RE:RE:News! link corrected?Only question is "will it help the share price improve?" That would suggest they did something meaningful!
jjeerryy wrote: TORONTO, June 16, 2020 /CNW/ - RNC Minerals ("RNC" or the "Corporation") (TSX: RNX) is pleased to announce that effective Wednesday, June 17, 2020, the Corporation's common shares and warrants will commence trading on the Toronto Stock Exchange (the "TSX") under the Corporation's new name, Karora Resources Inc., and its new trading symbols "KRR" and "KRR.WT", respectively.
As described in RNC's management information circular dated May 8, 2020 available through its SEDAR profile at www.sedar.com, the Corporation believes that the new name more accurately reflects its business focus on growing gold production in Western Australia – the Fraser Institutes top ranked mining jurisdiction for investment worldwide in 2019. On June 15, 2020, the Corporation filed Articles of Amendment to change its name from "Royal Nickel Corporation" to "Karora Resources Inc." (the "Name Change"). The shareholders of the Corporation overwhelmingly approved the Name Change at the Corporation's annual and special meeting of shareholders held on June 11, 2020. The Name Change is effective as of June 15, 2020.
Table 1: New TSX Stock Symbols and Identification Codes Effective June 17, 2020
| Old Symbol | New Symbol | New CUSIP | New ISIN |
Common Shares | RNX | KRR | 48575L107 | CA48575L1076 |
Common Share Purchase Warrants | RNX.WT | KRR.WT | 48575L115 | CA48575L1159 |
Effective June 17, 2020, the Corporation's new US OTCQX trading symbol will be "KRRGF" for its common shares.
Effective June 17, RNC's website, www.rncminerals.com, will redirect visitors to the Corporation's new webpage, www.karoraresources.com.