Nickel Creek Platinum Announces Share Consolidation

About this update from Nickel Creek Platinum Corp.

[{"type":"text","content":"\n\n\n\n Nickel Creek Platinum Announces Share Consolidation\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 \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n OAKVILLE, ON\n \n\n ,\n \n\n Aug. 15, 2024\n \n\n /CNW/ - Nickel Creek Platinum Corp. (TSX: NCP) (OTCQB: NCPCF) (\"Nickel Creek\" or the \"Company\") announces today that it received approval from the Toronto Stock Exchange (the \"TSX\") and that its Board of Directors has approved implementation of the consolidation of the issued and outstanding common shares of the Company approved by its shareholders at the annual general and special meeting (the \"AGM\") held on\n \n June 25, 2024\n \n , on the basis of one (1) new common share (a \"Post-Consolidation Common Share\") for every 100 pre-consolidation outstanding common shares (the \"Consolidation\"), which will become effective on\n \n August 19, 2024\n \n (the \"Effective Date\"). The Company's name and trading symbols will remain unchanged.\n \n\n\n\n\n\n\n\n\n Further information on the Consolidation can be found in the management information circular dated\n \n May 8, 2024\n \n available under the Company's profile on SEDAR+ at\n \n www.sedarplus.ca\n \n .\n \n\n As a result of the Consolidation, the number of outstanding common shares (\"Common Shares\") of the Company will be reduced from 508,461,951 Common Shares to approximately 5,084,617 Post-Consolidation Common Shares, subject to adjustment for rounding. If a shareholder would otherwise be entitled to receive a fractional Common Share as a result of the Consolidation, (i) in the event that a fractional Common Share issuable to such shareholder is equal to or greater than 0.5 of a Common Share, the number of Post-Consolidation Common Shares issuable to such shareholder shall be rounded up to the nearest whole Common Share and (ii) in the event that a fractional Common Share issuable to such shareholder is less than 0.5 of a Common Share, the number of Post-Consolidation Common Shares issuable to such shareholder shall be rounded down to the nearest whole Common Share and the fractional Common Share shall be cancelle...

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