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Talisker Resources Announces Completion of Share Consolidation
TORONTO, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK | OTCQX:TSKFF) announces today that, further to its p
About this update from Talisker Resources Ltd.
[{"type":"text","content":" TORONTO, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK | OTCQX:TSKFF) announces today that, further to its press release dated August 29, 2023, it has completed the proposed consolidation of the Company’s issued and outstanding shares (“Shares”) on the basis of one post-consolidation Share for every five pre-consolidation Shares (the “Consolidation”). As a result of the Consolidation, the number of issued and outstanding Shares will be reduced from 384,856,151 to approximately 76,971,230, subject to adjustment for rounding. The Shares will continue to trade on the Toronto Stock Exchange (the “TSX”) under the symbol “TSK” and on the OTCQX under the symbol “TSKFF” on a post-Consolidation basis, under a new CUSIP number - 87425A887. The Consolidation was conditionally approved by the TSX and the Shares are expected to begin trading on a post-Consolidation basis on the TSX when markets open on or about Wednesday, September 6, 2023. Shareholders of record as of today’s date will receive a letter of transmittal from TSX Trust Company, the transfer agent for the Shares, providing instructions for the exchange of their Shares as soon as practicable. Until surrendered, each share certificate representing pre-Consolidation Shares will represent the number of whole post-Consolidation shares to which the holder is entitled as a result of the Consolidation. For further information, please contact: Terry HarbortPresident and [email protected] +1 416 357 0227 Matt FilgateVice President, Corporate [email protected] +1 778 679 3579 About Talisker Resources Ltd. Talisker (taliskerresources.com) is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker’s projects include the Bralorne Gold Complex and the Ladner Gold Project, both advanced stage projects with significant exploration potential from historical high-grade producing gold mines, as well as its Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt, and several other early-stage Greenfields projects. With its properties comprising 291,392 hectares over 487 claims, three leases and 197 crown grant claims, Talisker is a dominant exploration player in south-central British Columbia. Caution Regarding...