VANCOUVER, April 12, 2016 /CNW/ - Intact Gold Corp.
(TSX-V: ITG) (FSE: 1A5) (the "Company" or "Intact Gold"), is
pleased to announce that, at the opening of the market on
Wednesday, April 13, 2016, its common
shares (the "Shares") will be split on a 1 old for 2 new
basis (the "Split"). The Split will be affected by way
of a share dividend.
As a result of the Split, the number of issued and outstanding
Shares will increase from 18,218,461 Shares to 36,436,922
Shares. The record date (the "Record Date") for the
Split is as of the close of business on April 15, 2016. Computershare, the
Company's transfer agent, will mail certificates directly to each
holder of record on the Record Date.
The CUSIP number and trading symbol shall remain the same.
The Company anticipates the share split will make Intact Gold's
stock more accessible to investors and enhance liquidity for
shareholders.
ON BEHALF OF THE BOARD OF DIRECTORS OF INTACT GOLD
CORP.
Per: Anthony Jackson,
President and CEO
Disclaimer for Forward-Looking Information
Except for statements of historical fact, this news release
contains certain "forward-looking information" within the meaning
of applicable securities law. Forward-looking information is
frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions
"may" occur. Forward-looking information in this press release
includes, but is not limited to, statements regarding expectations
of management regarding the acquisition of the Property. Although
the Company believes that the expectations reflected in the
forward-looking information are reasonable, there can be no
assurance that such expectations will prove to be correct. Such
forward-looking information is subject to risks and uncertainties
that may cause actual results, performance or developments to
differ materially from those contained in the statements including,
without limitation, the risks that the Company may not have the
funds necessary to make its payments pursuant to the Agreement,
that the TSX-V may not approve the transaction, and other factors
beyond the control of the Company. Except as required by law, the
Company expressly disclaims any obligation, and does not intend, to
update any forward-looking information in this news release.
Neither 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.
SOURCE Intact Gold Corporation