Ocean Park Changes Name and Completes Consolidation
02.08.2013 | Accesswire
August 2, 2013 - Ocean Park Ventures Corp. ("Ocean Park" or the "Company") is pleased to announce that it has completed its previously announced consolidation of its share capital on the basis of one new share for every ten old shares outstanding. In connection with the consolidation, Ocean Park has also changed its name to "Dunnedin Ventures Inc." Trading will commence on the TSX Venture Exchange, on a consolidated basis, under the symbol "DVI" at the open on August 6, 2013.Ocean Park also announces that it will issue 1,250,844 post-consolidated common shares in connection with its acquisition of the Trapper Property, and 200,000 post-consolidated shares in settlement of certain outstanding indebtedness of the Company. All shares issues will be subject to a statutory hold period expiring four-months and a day after the date of issuance.
For further information please contact Mr. Chris Taylor, M.Sc. P.Geo, CEO at 604-681-0084.
On behalf of the Board OCEAN PARK VENTURES CORP.
"Chris Taylor"
Chris Taylor, CEO
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.
This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.