Torex Announces Ten for One Share Consolidation

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1242-tsx/txg/21027-torex-announces-ten-for-one-share-consolidation.html

TORONTO, ONTARIO–(Marketwired – June 14, 2016) – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) announced that the Company’s Board of Directors has authorized the implementation of the consolidation (the “Consolidation”) of the Company’s issued and outstanding common shares (“Common Shares”) on the basis of one post-consolidation Common Share for every ten pre-consolidation Common Shares, effective June 30, 2016.

The Consolidation was approved by shareholders of the Company at a meeting (the “Meeting”) held on June 9, 2016, and is described in the management information circular of the Company dated May 2, 2016.

 

Leave a Reply