Business
Network Exploration Ltd. to commence trading on post-consolidated basis June 23, 2010
Network Exploration Ltd. to commence trading on post-consolidated basis June 23, 2010
About this update from Ynvisible Interactive Inc. Class A
[{"type":"text","content":"\n\n\n\n Jun. 22, 2010 (Canada NewsWire Group) -- Network Exploration Ltd. (the "Company") (TSX.V: NET) announces that the TSX Venture Exchange has approved the Company's share consolidation which was approved by the shareholders at the Company's Annual and Special General Meeting held on May 27, 2010 (see the Company's news release dated May 27, 2010).\nEffective as of the opening of trading on the TSX Venture Exchange, on Wednesday, June 23, 2010, the Company will commence trading its common shares on a consolidated basis of one (1) post-consolidated common share for every six (6) pre-consolidated Class A common shares held (the "Consolidation") under new CUSIP number 64124B201 and new ISIN number CA64124B2012.\nThe Company's name and stock symbol will remain the same.\nThe Company's current issued and outstanding share capital is 68,958,520 common shares and the Company will have 11,493,087 common shares issued and outstanding post-consolidation.\nA Letter of Transmittal with respect to the Consolidation is to be mailed to all registered shareholders of the Company on June 23, 2010. All registered shareholders will be required to send their respective certificates representing the pre-consolidated common shares along with a properly executed letter of transmittal to the Company's transfer agent, Computershare Investor Services Inc., in Toronto, Ontario, all in accordance with the instructions provided in the letter of transmittal. All shareholders who submit a duly completed letter of transmittal along with their respective pre-consolidated common share certificate(s) to Computershare, will receive a post -consolidated common share certificate. Any questions should be directed to Computershare Investor Services Inc. at 1-800-564-6253.\n\nNetwork Exploration Ltd. is a mineral exploration Company engaged in the acquisition and exploration of base and precious metal properties in North and South America. For additional information, contact the Company at 604 638-7363 (toll free 866 637-5138) or visit the Company's website: www.networkexploration.com.\n\nON BEHALF OF THE BOARD OF DIRECTORS\n\n"Alexander Helmel"\nPresident\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or...