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Mako Mining Announces Completion of Share Consolidation
VANCOUVER, BC / ACCESSWIRE / March 8, 2023 / Mako Mining Corp. (TSX-V:MKO)(OTCQX:MAKOF) ("Mako" ...
About this update from Mako Mining Corp.
[{"type":"text","content":"Mako Mining Announces Completion of Share ConsolidationVANCOUVER, BC / ACCESSWIRE / March 8, 2023 / Mako Mining Corp. (TSX-V:MKO)(OTCQX:MAKOF) (\"Mako\" or the \"Company\") announces that effective at market open today, the Company has completed the consolidation of its common shares on a ten (10) to one (1) basis (the \"Consolidation\"). As a result of the Consolidation, the Company's issued and outstanding shares is 65,743,403 common shares (subject to fractional rounding). All fractional shares less than .5 will be cancelled and all fractional shares equal to or greater than .5 will be rounded up to the nearest whole number. The number of common shares issuable on any of the Company's outstanding options or warrants will be adjusted proportionately.The common shares will continue to trade on the TSXV under the same trading symbol \"MKO\" and the new ISIN/CUSIP number will be CA56089A4000 and 56089A400, respectively.Computershare Trust Company of Canada will send out a letter of transmittal to all registered shareholders who hold physical share certificates advising that the Consolidation has taken effect. The letter of transmittal will contain instructions on how such registered shareholders can exchange their share certificates evidencing their pre-consolidated common shares for new share certificates representing the number of post-consolidated common shares to which they are entitled. No action is required by those registered shareholders who hold their common shares in DRS form or in electronic book-base form, nor by non-registered shareholders (shareholders who hold their shares through an intermediary) to effect the Consolidation.On behalf of the Board,Akiba LeismanChief Executive OfficerAbout MakoMako Mining Corp. is a publicly listed gold mining, development and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open pit gold mines globally. Mako's primary objective is to operate San Albino profitably and fund exploration of prospective targets on its district-scale land package.For further information: Mako Mining Corp., Akiba Leisman, Chief Executive Officer, Telephone: 203-862-7059, E-mail: [email protected] or visit our website at www.makominingcorp.com and SEDAR www.sedar.com.Forward-Looking InformationStatem...