Business
Norden Crown Announces Share Consolidation Effective Date and Confirms Closing of Private Placement
Norden Crown Announces Share Consolidation Effective Date and Confirms Closing of Private...
About this update from Domestic Metals Corp.
[{"type":"text","content":"\n \n \n \n Norden Crown Announces Share Consolidation Effective Date and Confirms Closing of Private Placement\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n OR FOR DISTRIBUTION\n \n TO U.S. WIRE SERVICES/\n \n \n \n VANCOUVER, BC\n \n ,\n \n June 21, 2021\n \n /CNW/ - Norden Crown Metals Corp. (\"\n \n \n Norden Crown\n \n \n \" or the \"\n \n Company\n \n \") (TSXV: NOCR) (OTC:NOCRF) (\n \n Frankfurt\n \n : 03E) is pleased to announce that it has received approval from the TSX Venture Exchange (the \"\n \n TSXV\n \n \") to complete the consolidation of the issued and outstanding common shares of the Company on the basis of three existing common shares for one new consolidated common share (the \"\n \n Consolidation\n \n \"), and the Company has closed into escrow its previously announced non-brokered private ‎placement (the \"\n \n Private Placement\n \n \").‎\n \n \n \n \n \n \n \n \n \n \n Consolidation\n \n \n \n Further to its news release of\n \n April 22, 2021\n \n , the Company has received TSXV approval to complete the Consolidation. The Consolidation will be effective at market open on\n \n June 23, 2021\n \n (the \"\n \n Effective Date\n \n \"). The Company will not change its name as part of the Consolidation but will issue new share certificates under a new CUSIP number.\n \n \n The Company's common shares will continue to trade on the TSXV under its current symbol, \"NOCR\".\n \n \n \n Private Placement\n \n \n \n The Company has also closed the Private Placement into escrow, with the securities to be issued under the Private Placement to be issued on a post-Consolidation basis on the Effective Date.\n \n \n \n This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the\n \n \n ‎\n \n \n securities in\n \n the United States\n \n . The securities have not been and will not be registered under the\n \n \n ‎\n \n \n United States Securities Act of 1933 as amend...