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Central Timmins Exploration Corp. Announces Completion of Share Consolidation
Central Timmins Exploration Corp. Announces Completion of Share Consolidation Cana...
About this update from P2 Gold Inc.
[{"type":"text","content":"\n\n\n\nCentral Timmins Exploration Corp. Announces Completion of Share Consolidation\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Jan. 14, 2020\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./\n TORONTO, Jan. 14, 2020 /CNW/ - Central Timmins Exploration Corp. (\"CTEC\" or the \"Corporation\") (TSXV: CTEC) announces that today it has received TSX Venture Exchange approval and has now completed the previously announced consolidation (the \"Share Consolidation\") of its share capital on the basis of six (6) existing common shares for one (1) new common share.  As a result of the Share Consolidation, the 51,350,000 common shares issued and outstanding were consolidated to approximately 8,558,333 common shares.  The common shares will start trading on the TSX Venture Exchange on a consolidated basis today, January 14, 2020. As a result of the Share Consolidation, all of the Company's stock options and warrants issued and outstanding as of today will be adjusted, as applicable, to reflect the Share Consolidation.\n\n \n \n\n \nThe new CUSIP number for the consolidated common shares is 155528201. The stock symbol remains unchanged as CTEC.  Shareholders who hold their common shares through a securities broker or dealer, bank or trust company, will not be required to take any action with respect to the Share Consolidation. Letters of transmittal have been mailed to the registered holders of common shares, requesting that they forward their pre-consolidation common share certificates to the Company's transfer agent, TSX Trust Company, for exchange for new share certificates representing their common shares on a post-consolidation basis. No fractional shares will be issued in connection with the Share Consolidation.\nAbout Central Timmins Exploration Corp. CTEC is an early-stage Canadian junior exploration company with property primarily ...