88 Capital Corp. Announces Share Consolidation Effective Date
Vancouver, B.C. (FSCwire) - 88 Capital Corp. (TSX.V: EEC) (the "Company") is
pleased to announce that the previously announced consolidation (the "Consolidation") of its common shares (the "Common Shares")
on the basis of one (1) post-consolidation Common Share for every ten (10) pre-consolidation Common Shares will be effective June
7, 2016 and trading of the Common Shares will commence on a consolidated basis on the TSX Venture Exchange (the "TSX-V") at the
opening on such date.
The Consolidation has been approved by the TSX-V, and a related bulletin will be issued by the TSX-V on June 6,
2016.
A letter of transmittal was mailed to shareholders on June 2, 2016 advising that shareholders should surrender
their existing share certificates (representing the pre-consolidation Common Shares). Until surrendered, each existing share
certificate will be deemed, for all purposes, to represent the number of Common Shares to which the holder thereof is entitled as
a result of the Consolidation.
Prior to the Consolidation, the Company had 18,108,855 Common Shares outstanding. Following the Consolidation, the
Company will have approximately 1,810,885 Common Shares outstanding. The Company's name will not be changed in conjunction with
the consolidation.
On behalf of the Board of Directors
88 CAPITAL CORP.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release may contain forward-looking statements including, but not limited to, comments regarding the
timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc.
Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such statement.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/88Capital06032016.pdf
Source: 88 Capital Corp. (TSX Venture:EEC)
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