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Bullboard - Stock Discussion Forum ROYAL SAPPHIRE CORP V.RSL

"Royal Sapphire Corp is a Canada-based company which is engaged in the business of acquiring and exploring mineral property assets. The company holds the majority of its interest in Lorn Block property which comprises of over eight contiguous claims and is located at the Clinton and Lillooet mining division of British Columbia."

TSXV:RSL - Post Discussion

ROYAL SAPPHIRE CORP > Well here's some real...............
View:
Post by Iseneschal on May 16, 2017 7:12pm

Well here's some real...............

Big News !!!!!!!!!!

Royal Sapphire to split shares 4 for 1

2017-05-16 15:37 PT - News Release

Mr. Navraj Pannu reports

ROYAL SAPPHIRE ANNOUNCES PROPOSED 4 for 1 STOCK SPLIT

Royal Sapphire Corp., subject to TSX Venture Exchange approval, will undertake a four-for-one forward stock split. As of the date of this news release, there are 11,685,177 common shares issued and outstanding. Following the split, there will be a total of 46,740,708 common shares issued and outstanding. The company anticipates that the split will make its shares more accessible to investors and enhance liquidity for its shareholders. The company will not be changing its name in connection with the split.

Comment by Iseneschal on May 18, 2017 8:58am
The company anticipates that the split will make its shares more accessible to investors and enhance liquidity for its shareholders. The company will not be changing its name in connection with the split. The above mentioned excerpt from the recent News Release tells me that ............. If the Company did a name change........ well.......the cat would be out of the bag........because the Name ...more  
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