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Nord Precious Metals Announces Effective Date of Share Consolidation

(TheNewswire) August 14, 2024 – TheNewswire - Coquitlam, BC, Nord Precious M...

articleNord Precious Metals Mining Inc.August 14, 20244/company/nord-precious-metals-mining-inc/news/nord-precious-metals-announces-effective-date-of-share-consolidation
Nord Precious Metals Announces Effective Date of Share Consolidation

About this update from Nord Precious Metals Mining Inc.

[{"type":"text","content":"Nord Precious Metals Announces Effective Date of Share Consolidation\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n August 14, 2024 –\n \n\n TheNewswire -\n \n\n Coquitlam, BC, Nord Precious Metals Mining Inc.,\n \n\n (TSXV: NTH) (OTCQB: CCWOF) (Frankfurt: 4T9B)\n(the \"Company\" or \"Nord” or “Nord Precious\nMetals”),\n \n\n is pleased to announce that it will\nimplement the consolidation of its common shares in the capital of the\nCompany (the “Shares”) on the basis of ten (10) pre-consolidation\nShares for every one (1) post-consolidation Share.  The consolidation\nwill take effect at market open on Friday, August 16, 2024.  The\nconsolidation reduces the number of outstanding Common Shares from\n307,224,267 to approximately 30,722,427.\n \n\n\n\n The Company will not be issuing fractional shares as a\nresult of the consolidation. Instead, all fractional post-consolidated\nshares equal or greater to one-half will be rounded to the next whole\nshare.  The post-consolidated shares will be assigned a new CUSIP\nnumber 65558V209 and ISIN number CA65558V2093.\n \n\n\n\n A\n \n\n letter\n \n\n of\n \n\n transmittal\n \n\n will\n \n\n be\n \n\n sent\n \n\n to\n \n\n the\n \n\n registered\n \n\n shareholders\n \n\n providing\n \n\n instructions\n \n\n to\n \n\n surrender the\n \n\n share\n \n\n certificates\n \n\n evidencing\n \n\n their\n \n\n pre-consolidated\n \n\n common\n \n\n shares\n \n\n for\n \n\n replacement\n \n\n certificates of\n \n\n the Company\n \n\n representing\n \n\n the\n \n\n number\n \n\n of\n \n\n post-consolidated\n \n\n common\n \n\n shares\n \n\n they\n \n\n are\n \n\n entitled\n \n\n to\n \n\n as\n \n\n a\n \n\n result of\n \n\n the\n \n\n consolidation.\n \n\n Until\n \n\n surrendered,\n \n\n each\n \n\n certificate\n \n\n representing\n \n\n the\n \n\n pre-consolidated\n \n\n common shares\n \n\n will\n \n\n be\n \n\n deemed\n \n\n to\n \n\n represent\n \n\n the\n \n\n number\n \n\n of\n \n\n post-consolidated\n \n\n common\n \n\n shares\n \n\n of\n \n\n Nord Precious Metals Mining Inc.\nthat the holder thereof is entitled to as a result of the\nconsolidation.\n \n\n\n\n About Nord Precious Metals Mining\nInc.\n \n\n\n\n Nord Precious Metals Mining Inc. (formerly Canada\nSilver Cobalt Works Inc.) recently discov...

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