Renforth to Consolidate its Common Shares
19 July 2012 - 1:31AM
Marketwired Canada
Renforth Resources Inc. ("Renforth" or the "Company") (CNSX:RFR) announces that
it has consolidated all of its issued and outstanding common shares on the basis
of five (5) pre-consolidation shares for one (1) post-consolidation share. The
record date for the share consolidation is Tuesday July 24, 2012. Pursuant to
CNSX Policy, the shares will commence quotation on the CNSX system on a
consolidated basis on Friday July 20, 2012.
This consolidation remains subject to CNSX approval. No fractional shares will
be issued upon consolidation and in the case where the consolidation results in
a shareholder otherwise becoming entitled to a fraction of a common share; a
downward adjustment will be made to the next whole common share.
A Letter of Transmittal will be mailed to registered shareholders of Renforth on
or before July 20, 2012 to be used by shareholders to exchange their current
share certificates for certificates representing the consolidated number of
shares. No action is required by non-registered shareholders, who hold common
shares of Renforth through an intermediary, to effect consolidation of their
beneficially held common shares.
ABOUT RENFORTH
Renforth Resources Inc. is a Toronto-based company engaged in exploration for
gold, primarily in areas of historic activity in the vicinity of Red Lake
Ontario.
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