Business
Rocky Mountain Liquor Proceeding with Stock Consolidation
EDMONTON, AB / ACCESSWIRE / September 19, 2019 / Rocky Mountain Liquor Inc. (TSXV:RUM) ("RML...
About this update from Rocky Mountain Liquor Inc.
[{"type":"text","content":"Rocky Mountain Liquor Proceeding with Stock ConsolidationEDMONTON, AB / ACCESSWIRE / September 19, 2019 / Rocky Mountain Liquor Inc. (TSXV:RUM) (\"RML\" or the \"Company\") listed on the TSX Venture Exchange (the \"Exchange\") today announced that it is proceeding with its previously announced share consolidation (\"the Consolidation\"). Shareholders approved the Consolidation at the Annual and Special Meeting held on August 27, 2019 and it has been approved by the Exchange, September 18, 2019.Effective at the opening of markets on September 23, 2019, the Company will consolidate its common shares (the \"Shares\") on the basis of one (1) post‐consolidated Share for every five (5) pre‐consolidated Shares held. The new CUSIP number will be 77472P200, and the new ISIN number will be CA77472P2008. The Company's name and stock symbol will remain unchanged following the Consolidation.No fractional Shares will be issued under the Consolidation as fractional Shares will be rounded to the nearest whole number. The Company currently has 237,449,683 Shares issued and outstanding and immediately following the Consolidation will have approximately 47,489,937 Shares issued and outstanding.A letter of transmittal was mailed to the registered holders of the Company's common shares on July 23, 2019. All shareholders who submit a duly completed letter of transmittal along with their respective share certificate(s) representing the pre-consolidated Shares to the Company's transfer agent, Computershare Investor Services Inc., will receive a certificate representing the post-consolidated Shares. The letter of transmittal can be found on the Company's website at https://ruminvestor.com/wp-content/uploads/2019/07/Rocky-Mountain-Letter-of-Transmittal-2019.pdf and under the Company's profile on SEDAR at www.sedar.com.Please refer to the management information circular of the Company dated July 15, 2019, and press release issued August 28, 2019 for additional details on the share consolidation. Both of these documents are available on the Company's website at https://ruminvestor.com/wp-content/uploads/2019/07/Management-Information-Circular-July-15-2019.pdf, and https://ruminvestor.com/wp-content/uploads/2019/08/Press-Release-Vote-on-Consolidated-Shares-August-28-2019.pdf, as well as under the Company's profile on SEDAR at www.sedar.com.ABO...