Abzu Announces Share Consolidation
09 June 2014 - 11:15PM
Marketwired
Abzu Announces Share Consolidation
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 9, 2014) - Abzu
Gold Ltd. (TSX-VENTURE:ABS) ("Abzu" or the "Company") announces
that its Board of Directors has approved a consolidation of the
Company's issued share capital on the basis of ten (10) common
shares for one (1) new share of the Company. Abzu currently has
108,908,116 common shares outstanding and will have 10,890,812
common shares outstanding after completion of the consolidation,
subject to rounding up and the elimination of any fractional shares
resulting from the share consolidation.
The Board of Abzu anticipates the consolidation will provide the
Company with increased flexibility to seek additional financing
opportunities. Abzu will not be changing its name or its trading
symbol in conjunction with the proposed consolidation.
The consolidation is subject to TSX Venture Exchange
acceptance.
On behalf of the board of directors of ABZU GOLD LTD.
Bob Baxter, CEO & President
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 press release, which has been prepared by
management.
Abzu Gold Ltd.Bob BaxterCEO &
President604.398.5383604.398.5387info@abzugold.comwww.abzugold.com
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