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Crown Gold Has Changed Name to "Crown Mining Corp.",  and Completed Share Consolidation and $300,000 Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - June 30, 2014) - Crown Mining Corp., formerly known as Cro...
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[{"type":"text","content":"Crown Gold Has Changed Name to \"Crown Mining Corp.\",  and Completed Share Consolidation and $300,000 Non-Brokered Private PlacementToronto, Ontario--(Newsfile Corp. - June 30, 2014) - Crown Mining Corp., formerly known as Crown Gold Corporation, \n(TSXV: CWM) (\"Crown\" or the \"Company\")  is pleased to \nannounce that it has completed a change of name and the consolidation of its \noutstanding common shares on a ratio of 1 new share for 10 old shares (the \n\"Share Consolidation\"). Shareholders of the Company approved, among other \nthings, the name change and Share Consolidation at the annual and special \nmeeting of the Company held on May 29, 2014 (the \"Meeting\"). As of the opening \nof trading on June 30, 2014, the Company’s share capital will begin trading on a \npost consolidated basis under the same stock symbol: CWM. \nCrown has filed the letter of transmittal on \nwww.sedar.com, on \nJune 26, 2014, which is available on Crown’s web site at \nwww.crowngoldcorp.com. \n\nThe letter of transmittal describes the process by which \nshareholders may obtain new certificates representing their consolidated common \nshares. Shareholders are requested to deliver original old share certificates \nalong with the completed transmittal letter by courier or in person to \nComputershare Investor Services Inc. at Floor 8, 100, University Avenue, \nToronto, ON M5J 2Y1 OR P.O. Box 7021, 31 Adelaide Street East, Toronto, Ontario \nM5C 3H2, Attention: Corporate Actions. Shareholders who hold their shares \nthrough a broker or other intermediary and do not have shares registered in \ntheir name will not need to complete a letter of transmittal. No fractional \nshares will be issued under the Share Consolidation, and any fraction will be \nrounded down to the nearest whole number. Following the Share Consolidation, \nCrown had 9,384,961 common shares issued and outstanding (not including the \nshares issued pursuant to the non-brokered Private Placement completed after the \nShare Consolidation as described below.). The exercise price and the number of \ncommon shares issuable of the exercise of all outstanding options and warrants \nof the Company will be adjusted accordingly to reflect the Share Consolidation. \n\nIn addition, the Company announces the completion of a \nnon-brokered private placement previously...