CORRECTION FROM SOURCE: Greenock Resources: Share Consolidation
27 3월 2014 - 2:14AM
Marketwired
CORRECTION FROM SOURCE: Greenock Resources: Share Consolidation
TORONTO, ONTARIO--(Marketwired - Mar 26, 2014) - A Correction
From Source has been issued for the release disseminated on March
3rd at 10:24 AM ET. The ticker symbol was incorrectly listed as
GKR. The correct ticker symbol is GKR.H. The complete and corrected
release follows:
Greenock Resources Inc. (TSX-VENTURE:GKR.H) ("Greenock")
announces it will be proceeding with a 30 to 1 share consolidation
in order to allow future financing and acquisitions to be completed
at a share price in excess of $0.05 per share as required by TSXV
policy. The share consolidation was approved by shareholders at the
Annual General and Special Meeting of December 11, 2013. To
complete these steps in a cost effective manner, Greenock is moving
to the NEX exchange to reduce administrative expenses charged by
the TMX Group. Apart for reduced administrative costs on NEX,
Greenock has maintained all its TSXV Tier 2 listing
requirements.
Greenock continues to move forward with the company's mineral
exploration and development mandate including finalizing a joint
venture with Precious Metal Investment Ltd. ("PMI") of NSW
Australia, as announced on November 15, 2013, for the Needles gold
and silver property in Nevada. As part of this transaction, PMI is
to receive 1,000,000 shares of Greenock which on a consolidated
basis will now be 33,334 shares.
Greenock announces the technical studies for the Kakanda project
in the Democratic Republic of Congo may be difficult to monetize in
the near term as Eurasian Natural Resources Corporation PLC of
London UK has indicated that it will not be proceeding with any
transactions or activity with Kakanda at this time. The Kakanda
title history and technical studies owned by the Greenock
subsidiary PTM Minerals (Cayman) Ltd. are believed to have
significant longer term value for any company that moves forward to
develop Kakanda. The original total cost of the Kakanda technical
studies dating back to 1997 have been approximately US $15
million.
ABOUT GREENOCK
Greenock Resources Inc. is a Canadian based international
mineral development company that focuses on developing a portfolio
of natural resource properties.
Greenock holds a 100% interest in the Needles gold / silver
property located in the Arrowhead mining district of Nye County,
Nevada. The property is approximately 40 miles southeast of the
Barrick - Kinross Round Mountain Gold Mine. The Needles property
has had historical underground mining for gold and silver in the
early 1920's.
This press release includes certain "Forward-Looking
Statements" within the meaning of applicable securities laws. Other
than statements of historical fact, all statements are
"Forward-Looking Statements" that involve such various known and
unknown risks, uncertainties and other factors. There can be no
assurance that such statements will prove accurate. Results and
future events could differ materially from those anticipated in
such statements. Readers of this press release are cautioned not to
place undue reliance on these "Forward-Looking Statements". Michael
Newbury, P.Eng., is the qualified person who has reviewed this
material on behalf of the Company. All dollar amounts are noted in
Canadian dollars unless otherwise stated in this release.
Neither the 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
accuracy of this release.
Greenock Resources Inc.James S. HershawCFO & Vice President,
Corporate Development(416) 603.7200(416)
603.9200jshershaw@greenockresources.comwww.greenockresources.com
Greenock Resources (TSXV:GKR)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Greenock Resources (TSXV:GKR)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024