Cassius Ventures Announces Proposed Share Consolidation
08 April 2014 - 10:00PM
Marketwired
Cassius Ventures Announces Proposed Share Consolidation
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 8, 2014) -
Cassius Ventures Ltd. (TSX-VENTURE:CZ) (the "Company") announces
that it intends to consolidate its outstanding share capital on the
basis of 10 pre-consolidation shares for 1 post-consolidation
share.
The consolidation is
expected to provide the Company additional flexibility in financing
its commitments going forward.
The Company
currently has 41,148,480 common shares issued and outstanding, and
after the consolidation, the Company will have approximately
4,114,848 common shares issued and outstanding. The Company does
not expect to change its name in conjunction with the
consolidation.
The completion of
the consolidation remains subject to TSX Venture Exchange
approval.
On behalf of the
Board of Directors
John A. Thomas P.
Eng CEO and President
Neither the 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.
Cassius Ventures Ltd.604 558 1107604 566 9081
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