Business
Outback Goldfields Reminds Skarb Shareholders to Register Shares
VANCOUVER, BC, Jan. 19, 2021 /CNW/ - Outback Goldfields Corp. (the "Company" or "Outback") (CSE: OZ) reminds owners of Skarb Exploration Corp. common shares (in
About this update from Valkea Resources Corp
[{"type":"text","content":" VANCOUVER, BC, Jan. 19, 2021 /CNW/ - Outback Goldfields Corp. (the \"Company\" or \"Outback\") (CSE: OZ) reminds owners of Skarb Exploration Corp. common shares (including those who participated in the Private Placement that closed on November 17, 2020) to exchange their common shares to receive Outback Goldfields Corp. common shares. On December 11, 2020, the Company completed its previously-announced 3-for-1 share consolidation (the \"Consolidation\"). In connection with the Consolidation, Odyssey Trust Company (\"Odyssey\") has sent a letter of transmittal to registered shareholders which must be completed in order for them to exchange their old share certificates for new share certificates, or alternatively, a Direct Registration System Advice/Statement, representing the number of new post-Consolidation Shares they hold, in accordance with the instructions provided in the letter of transmittal. Registered shareholders can obtain additional copies of the letter of transmittal on the Company's website at www.outbackgoldfields.com/investors/stock-information/ or by emailing Odyssey directly at [email protected]. Non-registered beneficial holders holding their shares through intermediaries (securities brokers, dealers, banks, financial institutions, etc.) will not need to complete a letter of transmittal and should note that such intermediaries may have specific procedures for processing the Consolidation. Shareholders holding their shares through such an intermediary and who have any questions in this regard are encouraged to contact their intermediary. Shareholders with any questions on the process set out above may contact Outback Goldfields directly or Odyssey at [email protected]. Other Updates Shareholders who hold pre-Consolidation warrants in connection with the November 17, 2020 private placement have been asked to refer to the terms and conditions in the warrant certificate. All warrants are automatically consolidated on a 3:1 basis. For every 3 pre-Consolidated warrants, you will receive 1 post-Consolidated warrant at an exercise price of 3 times the original exercise price. The Company will not be sending out replacement certificates. The Company has enlisted Adam Smith and Mackie Research Capital Corporation to provide market stabilizing and market making services. About Outback ...