Business

Melkior Announces Share Consolidation Effective February 26

(via TheNewswire) Timmins, Ontario - TheNewswire - February 24 , 202...

articleMelkior Resources Inc.February 24, 20205/company/melkior-resources-inc/news/melkior-announces-share-consolidation-effective-february-26
Melkior Announces Share Consolidation Effective February 26

About this update from Melkior Resources Inc.

[{"type":"text","content":"Melkior Announces Share Consolidation Effective February 26(via TheNewswire)\n \n \nTimmins, Ontario - TheNewswire - February 24, 2020 - Melkior Resources Inc. (\"Melkior\" or the \"Company\") (TSXV:MKR) is pleased to announce that effective at the opening of trading on Wednesday, February 26, the Company's share capital will begin trading on a post-consolidated basis.\n\n \n \nThe consolidation, previously announced on February 10, is on the basis of one new common share for every ten old shares and the Company will have approximately 19,365,758 common shares issued and outstanding on a post-consolidation basis. All outstanding warrants and stock options will be adjusted accordingly to reflect the 1:10 share consolidation. The Company's name and trading symbol will remain unchanged and the shares will have a new CUSIP number (58549W303).\n\n \n \nON BEHALF OF THE BOARD\n\n\n \nKeith James Deluce, CEO\n\n \n \nFor more information, please contact:\n\n\n \nMelkior Resources Inc.\n\n\n \nE-mail: [email protected] \n\n\n \nTel: 705-267-4000\n\n \n \nThe reader is invited to visit Melkior's web site www.melkior.com.\n\n \n \nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the \n\n\n \nTSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n\n \n Copyright (c) 2020 TheNewswire - All rights reserved.","length":3164,"tagName":"div"}]

More updates from Melkior Resources Inc.