Business
Arbor Metals to Implement Forward Share Split
(TheNewswire) Vancouver, Canada - TheNewswire – November 14, 2...
About this update from Arbor Metals Corp.
[{"type":"text","content":"Arbor Metals to Implement Forward Share Split\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, Canada\n-\n \n \n TheNewswire\n \n \n – November 14, 2021\n \n \n –\n \n \n Arbor\n \n \n Metals Corp\n \n \n .\n \n \n (the “\n \n \n Company\n \n \n ”)\n(TSXV:\n \n \n ABR)\n \n \n , (FWB:\n \n \n 432\n \n \n ) announces that it will undertake a\nforward share split on the basis of three common shares for every one\ncommon share currently outstanding.  The share split is intended to\nimprove liquidity and provide a more attractive capital structure for\npotential investors.  Following completion of the share split, the\nCompany will have approximately 163,710,225 common shares\noutstanding.\n \n \n \n \n The Company intends to implement the share split prior\nto the end of 2021.  Completion of the share split remains subject to\nthe approval of the TSX Venture Exchange.  The Company will issue a\nfurther news release once such approval has been obtained and a record\ndate determined for the share split.\n \n \n \n \n About\n \n \n Arbor Metals Corp\n \n \n \n \n Arbor Metal Corp\n \n \n . is a mining exploration company specializing in the\ndevelopment of high-value, geographic significant mineral projects\naround the world. As industry leaders, we are paving the way for\nadvanced mineral exploration as we oversee world-class mining\nprojects. We believe quality project, combined with proven strategies\nand a professional, along with a hard working team will deliver\nsuperior results. We hold two exceptional mineral projects.\n \n \n \n The Rakounga Gold Project\n \n \n The Rakounga Gold Project consists of an exploration permit covering a\ntwo-hundred-and-fifty square kilometer area located along the Goren\nGreenstone Belt in central Burkina Faso. The Company, through its\nwholly owned subsidiary Kruger Gold Corp. (“Kruger”), holds the\nright to acquire up to a one-hundred percent interest in and to the\nProject, subject only to pre-existing royalty obligations. Kruger has\ncontrol over operations conducted on the Project and will look to\nexpand on historical drilling and survey work conducted on the\nProject.\n \n \n The Miller’s Crossing Lithium Project\n \n \n The Miller’s Crossing Lithium Project, comprised of approximately\n3800 acres of cont...