Business
Uranium Hunter Reduces The Amount Of Shares Issued And Outstanding By Over 60%
Uranium Hunter Reduces The Amount Of Shares Issued And Outstanding By Over 60%.
About this update from Resgreen Group International Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\nUranium Hunter Reduces The Amount Of Shares Issued And Outstanding By Over 60%\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\n\n\n\nUranium Hunter Reduces The Amount Of Shares Issued And Outstanding By Over 60%\n\nPR Newswire\n\nLAS VEGAS, April 16, 2013\n\n\n\n\n\n\n\nLAS VEGAS, April 16, 2013 /PRNewswire/ -- Uranium Hunter Corporation (OTC Pink: URHN), a uranium and gold mining company that targets historically proven and highly prospective properties in Africa and South America which can quickly come to production, announced today that their board of directors has significantly reduced the issued and outstanding shares by getting the majority shareholder to donate back to treasury 1,000,000,000 shares of stock, reducing the outstanding share amount to 656,362,100, an over 60% reduction in the outstanding share amount.\n\n\nThe reduction will result in an increase in the value of the remaining shares held by existing shareholders. The Company's properties in Guyana and Africa present very good opportunities for creating enhanced shareholder wealth. On a per share basis the potential value in the Guyana holdings alone represents over $1.00 in shareholder value, significantly undervaluing the Company's stock at today's prices.\n\n\n\nGregory Ellis, Uranium Hunter's President, said, \"We are pleased to have negotiated the reduction in the issued and outstanding shares of the company, giving much more value to all existing shareholders.\"\n\n\n\nAbout Uranium Hunter Corporation \nThrough its wholly-owned subsidiary Cuyuni Mining, Uranium Hunter's mission is to build a fully-integrated uranium gold, precious metals and gemstone production company that incorporates exploration, development, acquisition, mining, ore processing and sales. The Company targets historically proven and highly prospective properties in South America and Africa which can come to production quickly. For more information visit the company's site at www.URHNcorporation.com\n\n\n\nForward-Looking Statements: This press release contains forward-looking statements, particular...