Business
FREEGOLD ANNOUNCES SHARE CONSOLIDATION EFFECTIVE DATE AND NEW TRADING SYMBOL
FREEGOLD ANNOUNCES SHARE CONSOLIDATION EFFECTIVE DATE AND NEW TRADING SYMBOL
About this update from Freegold Ventures Limited
[{"type":"text","content":"\n\n\n\n Aug. 27, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\nVANCOUVER, Aug. 27 /CNW/ - Freegold Ventures Limited ("Freegold" or the "Company") (TSX: ITF) announces today that the Company's share consolidation (the "consolidation") is effective as of August 27th, 2010.\nShareholders decided at the meeting held on July 15th, 2010 to authorize the Board to give effect to the consolidation (reverse stock split) of common shares on a 6:1 basis.\nThe consolidation will be effective for trading purposes on the TSX Exchange on or about August 31st, 2010 and the common shares will trade under a new trading symbol: TSX-FVL.\nFollowing the consolidation, the total issued and outstanding common shares of the Company will be approximately 16,858,884.\n\nAbout Freegold Ventures Limited\n\nFreegold is a TSX listed company focused on the exploration of gold projects in Alaska. In addition to the Golden Summit Gold Project, the company holds a 100% in lease interest in the Rob Gold Project, near the Pogo Gold Mine in the Goodpaster Mining District of Alaska and has an exploration agreement with option to lease the Vinasale Gold project in central Alaska.\n\n\n >\n\n\nDISCLAIMER - This press release contains "forward-looking information" within the meaning of Canadian securities laws including, without limitation, statements and information regarding the intention of Western Standard and Freegold (the "Companies") to complete the Amalgamation and exploration plans for the Companies' properties. Such forward-looking information reflects the current expectations or beliefs of the Companies. Forward-looking information is subject to a number of risks, assumptions and uncertainties that may cause the actual results of the Companies to differ materially from those discussed herein, including the possibility that future exploration results will not be consistent with the Company's expectations, the unce...