Mineral Hill announces consolidation of its common shares

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[{"type":"text","content":"\n\n\n\n\n\nTrading Symbols:\nTSX Venture Exchange: MHIFrankfurt Stock Exchange: N8Z/WKN: AODLHP\nPink Sheets: MHIFF\n\n\nVANCOUVER, Sept. 8, 2011 /CNW/ - Mineral Hill Industries Ltd. wishes to\n announce that the Company's common shares will begin trading on a\n post-consolidation basis when markets open on September 9, 2011.\n\n\nAs announced in the Company's news release dated August 29, 2011,\n shareholder authorization to effect the share consolidation was\n approved at the annual general meeting held on July 8, 2011 and the\n Board of Directors approved the implementation of the share\n consolidation on August 29, 2011 on a basis of twelve (12)\n pre-consolidated common shares to one (1) post-consolidated common\n share. The share consolidation has been accepted by the TSX Venture\n Exchange.\n\n\nThere will be no name change in conjunction with the share consolidation\n and the Company's common shares will continue to be traded under the\n symbol \"MHI\" on a post consolidation basis, under the new CUSIP\n 60283T207/ISIN CA 60283T2074.\n\n\nLetters of transmittal with respect to the consolidation will be mailed\n out to all registered shareholders on/about September 12, 2011. All\n registered shareholders of the Company who have not deposited their\n shares with a securities broker, will be required to send their\n certificates representing pre-consolidation common shares with a\n properly executed letter of transmittal to the Company's transfer\n agent, Computershare Investor Services Inc., in accordance with the\n instructions provided in the letter of transmittal. Additional copies\n of the letter of transmittal can be obtained through Computershare\n Investor Services Inc. All shareholders who duly complete letters of\n transmittal will receive post-consolidation common share certificates.\n No certificates representing fractional post-consolidation common\n shares will be issued pursuant to the consolidation. If shareholders\n have their shares deposited with a securities broker, the brokerage\n firm will usually take care of the proper share exchange.\n\n\nFollowing consolidation and subject to rounding, the Company will have\n 3,509,588 common shares issued and outstanding. All outstanding options\n and warrants will be adjusted accordingly to reflect the share\n consolidation.\n\n\nNeither TSX Venture Exchange nor...

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