Mexus Announces a 1-for-20 Reverse Split; Sells First Gold From Silver Chloride Material

Mexus Gold_09102020

CABORCA, Mexico, October 9th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has completed a 1 for 20 reverse split of its stock. The stock will began trading at its new price on the open of market today. The company believes that all involved with the company understand the necessity of this move given the volume of shares currently outstanding. Mexus also believes this move, along with the positive news recently announced, will allow the stock price to move up and accurately reflect the value of the company. An increased stock price will also give Mexus the opportunity to uplist the stock once all parameters for doing so have been met.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s