VANCOUVER, Jan. 28, 2014 /CNW/ - Golden Harp Resources Inc. (GHR: TSX.V) ("Golden Harp" or the "Company") announces that it received the
approval of its shareholders and the TSX Venture Exchange (the
"Exchange") regarding the consolidation of its issued common shares on
the basis of ten old shares for one new share.
Effective at the opening of trading on January 30, 2014, the Company's
common shares will be called for trading on the Exchange on a
consolidated basis. The Company's name and symbol will remain the
same. The post-consolidated common shares of the Company will be
assigned a new CUSIP number of CA53626Q2045. The consolidation will
reduce the number of outstanding common shares from 24,884,042 to
approximately 2,488,404. No fractional common shares will be issued
pursuant to the consolidation. All fractional common shares of less
than one-half of a share will be rounded down to the nearest whole
common share and all such fractional interests will be cancelled, and
all fractional common shares of one-half or greater will be increased
to one whole common share.
The Company's currently outstanding stock options and share purchase
warrants will also be adjusted on the same basis with proportionate
adjustments being made to the exercise price.
On behalf of the board,
Shaun Maskerine
Director
Statements contained in this news release that are not historical facts
are forward-looking statements, which are subject to a number of known
and unknown risks, uncertainness and other factors that may cause the
actual results to differ materially from those anticipated in the
forward looking statements. Although we believe that the expectations
in the forward-looking statements are reasonable, actual results may
vary, and future results, levels of activity, performance or
achievements cannot be guaranteed.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE Golden Harp Resources Inc.
about Golden Harp Resources Inc., please visit www.goldenharpresources.com or contact the Company at 604.689.0299.
Copyright CNW Group 2014