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Manchmal sollte man seine Exoten auch mal „ überwachen“…
2024-05-17 09:53 ET - News Release
Mr. John Miniotis reports
ABRASILVER ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION
Abrasilver Resource Corp. will implement the consolidation of its common shares in the capital of the company on the basis of five preconsolidation shares for every one postconsolidation share. The consolidation will take effect at market open on May 22, 2024.
The consolidation reduces the number of outstanding common shares from 624,703,913 to approximately 124,940,785. Shareholders' proportional ownership in the company remains unchanged following the consolidation.
All fractional shares less than one-half will be cancelled and all fractional shares equal to or greater than one-half will be rounded up to one whole share. The exercise price and number of shares of the company issuable upon the exercise of outstanding stock options, restricted share units and warrants will be proportionately adjusted to reflect the Consolidation in accordance with the terms of the securities. The company's new Cusip will be 00379L304 and the new ISIN will be CA00379L3048. The company's name and trading symbol will remain unchanged.
Registered shareholders who hold physical share certificates will receive a letter of transmittal requesting that they forward preconsolidation share certificates to the company's transfer agent, TSX Trust Company, in exchange for new share certificates representing shares on a postconsolidation basis. Shareholders who hold their shares through a broker or other intermediary and do not have shares registered in their own name will not be required to complete a letter of transmittal.
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