Business
St. Anthony Gold Corp. Announces Share Consolidation
VANCOUVER, BC / ACCESSWIRE / November 10, 2021 / St. Anthony Gold Corp. ("St. Anthony" or the "Company") (CSE:STAG)(FRA:M1N)(OTC PINK:MTEHF) announced that it i
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[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / November 10, 2021 / St. Anthony Gold Corp. (\"St. Anthony\" or the \"Company\") (CSE:STAG)(FRA:M1N)(OTC PINK:MTEHF) announced that it intends to proceed with a consolidation of its common shares (each, a \"Share\") on the basis of four (4) pre-consolidation Shares for one (1) post-consolidation Share (the \"Consolidation\"). The Board of Directors approved the consolidation on November 3, 2021. The Company currently has 123,029,341 Shares issued and outstanding. Accordingly, once the Consolidation is effective, the Company will have approximately 30,757,335 Shares issued and outstanding, assuming there are no other changes in the issued capital of the Company. The Company intends to also proceed with consolidating its outstanding options and warrants on a ratio of four (4) to one (1), with the result that each consolidated option and warrant will entitle the holder to acquire one Share at an exercise price of four (4) times its original exercise price. The Consolidation is being proposed in order to provide the Company with increased flexibility to seek additional financing opportunities and is subject to the approval of the Canadian Securities Exchange. The Company will not change its name as part of the Consolidation. About St. Anthony Gold Corp. St. Anthony Gold Corp., a Canadian-based mineral exploration corporation, is focused on identifying and advancing high-value mineral properties. FOR ADDITIONAL INFORMATION SEE THE COMPANY'S WEB SITE AT https://stanthonygoldcorp.comEmail to [email protected]: Peter Wilson CEO - 604-649-0945 Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Further information about the Company is available on www.SEDAR.com under the Company's profile. Certain statements contained in this release may constitute \"forward-looking statements\" or \"forward-looking information\" (collectively \"forward-looking information\") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words \"could\", \"intend\", \"expect\", \"believe\", \"will\", \"projected\...