ISM Resources Corp. Announces Proposed Share Consolidation
30.01.2023 | vom Unternehmen
VANCOUVER, Jan. 30, 2023 – ISM Resources Corp. (“ISM” or the “Company”) (CSE: ISM), announces that, further to its news release of January 19, 2023, the company will complete a consolidation of the authorized and issued common shares of the Company (the “Common Shares”) on the basis of a one (1) post-consolidated Common Share for each two (2) pre-consolidation Common Shares (the“Consolidation”).No fractional Common Shares will be issued upon the Consolidation. In the event a holder of Common Shares would otherwise be entitled to receive a fractional Common Share in connection with the Consolidation, the number of Common Shares to be received by such shareholder will be rounded down to the next whole number if that fractional Common Share is less than one half (1/2) of a Common Share,and will be rounded up to the next whole number of Common Shares if that fractional Common Share is equal to or greater than one half (1/2) of a Common Share.
Effective at the opening of markets on February 1, 2023, the Common Shares will commence trading on the Canadian Securities Exchange on a post-Consolidation basis under the existing ticker “ISM”. The new CUSIP number will be 45029H203 and the new ISIN number will be CA45029H2037.
Registered holders of Common Shares will receive a letter of transmittal from Endeavor Trust Corporationwith instructions on how to exchange existing share certificates for new post-Consolidation share certificates.
On behalf of the Board of Directors,
“Glenn Collick”
Glenn Collick, President
ISM Resources Corp.
306-1110 Hamilton Street
Vancouver, BC V6B 2S2
info@ismresources.com
(778) 868-2226
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release