Mazorro Resources to Consolidate Its Common Shares
20 6월 2014 - 5:00AM
Marketwired
Mazorro Resources to Consolidate Its Common Shares
OTTAWA, ONTARIO--(Marketwired - Jun 19, 2014) - Mazorro
Resources Inc. (the "Company") (CSE:MZO)(FRANKFURT:JAM) announces
that, further to its press releases dated May 7, 2014 and June 16,
2014, it will be filing articles of amendment on June 25, 2014 in order to give
effect to the consolidation (the "Consolidation") of the issued and
outstanding common shares of the Company on the basis of one new
common share (the "Post-Consolidation Shares") for every two common
shares issued and outstanding. As a result of the Consolidation,
there will be approximately 27,757,386 Post-Consolidation Shares
issued and outstanding. Any resulting fractional share entitlement
remaining after conversion that is less than one-half of a
Post-Consolidation Share will be cancelled and each fractional
Post-Consolidation Share that is at least one-half of a
Post-Consolidation Share will be changed to one whole
Post-Consolidation Share.
Pursuant to the policies of the Canadian Securities Exchange
("CSE"), effective June
23, 2014, trading in the Company's common shares on the CSE
will be on a post-Consolidation basis.
The Company's name and trading symbol "MZO" will remain the
same. The new CUSIP and ISIN numbers for the Post-Consolidation
Shares are 578869307 and CA 5788693078 respectively.
The Company wishes to remind shareholders that its common shares
were delisted from the TSX Venture Exchange on June 18, 2014 and
have been listed on the CSE since June 17, 2014.
Forward-looking statements
Some statements in this release may contain forward-looking
information. All statements, other than of historical fact, that
address activities, events or developments that the Company
believes, expects or anticipates will or may occur in the future
(including, without limitation, statements regarding potential
acquisitions and financings) are forward-looking statements.
Forward-looking statements are generally identifiable by use of the
words "may", "will", "should", "continue", "expect", "anticipate",
"estimate", "believe", "intend", "plan" or "project" or the
negative of these words or other variations on these words or
comparable terminology. Forward-looking statements are subject to a
number of risks and uncertainties, many of which are beyond the
Company's ability to control or predict, that may cause the actual
results of the Company to differ materially from those discussed in
the forward-looking statements. Factors that could cause actual
results or events to differ materially from current expectations
include, among other things, without limitation, the possibility
that future exploration results will not be consistent with the
Company's expectations, changes in world gold markets or markets
for other commodities, inability of the Company to achieve its
diversification strategy; failure to obtain sufficient financing,
and other risks disclosed in the Company's public disclosure record
on file with the relevant securities regulatory authorities. Any
forward-looking statement speaks only as of the date on which it is
made and except as may be required by applicable securities laws;
the Company disclaims any intent or obligation to update any
forward-looking statement.
The Canadian Securities Exchange (CSE) has not reviewed this
news release and does not accept responsibility for its adequacy or
accuracy.
Mazorro Resources Inc.André AudetInterim President &
CEO(613) 241-2332
Claymore Exchange Traded FD TR Mrng Srvcs Super Sector Ind (NYSE:MZO)
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Claymore Exchange Traded FD TR Mrng Srvcs Super Sector Ind (NYSE:MZO)
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