Hornby Announces Amendment to Articles to Eliminate Small Shareholdings
15 November 2013 - 7:00AM
Marketwired Canada
Hornby Bay Mineral Exploration Ltd. (TSX VENTURE:HBE) ("Hornby Bay") announces
that, further to the press release dated October 23, 2013, it will effectuate a
consolidation and stock split of its issued share capital, the implementation of
which will result in the elimination of all shareholdings of less than 100
shares. This transaction was approved by the shareholders of the Company at its
annual and special meeting of shareholders held on September 17, 2013.
The shareholdings of less than 100 shares will be eliminated through a
consolidation of the common shares on a 1 for 100 basis effective at 12:01 a.m.
on Sunday, November 17, 2013, the cancellation of fractional shares, and the
subsequent split of the remaining shares on a 100 for 1 basis effective at 12:01
a.m. on Monday, November 18, 2013. Shareholders who hold 100 shares or more will
see no change in the number of shares held by such shareholder.
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.
This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements.
We seek safe harbour.
Shares Outstanding: 57,785,150
FOR FURTHER INFORMATION PLEASE CONTACT:
Hornby Bay Mineral Exploration Ltd.
Maurice Colson
President and CEO
(416) 727-3966
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