17:10:56 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Ridgestone Mining Inc
Symbol RMI
Shares Issued 8,646,000
Close 2018-05-04 C$ 0.48
Market Cap C$ 4,150,080
Recent Sedar Documents

Ridgestone Mining stock to split 2:1

2018-05-07 17:31 ET - News Release

Mr. Erwin Wong reports

RIDGESTONE MINING TO PROCEED WITH 2:1 FORWARD SPLIT

Ridgestone Mining Inc. will proceed with its proposed forward stock split on a two-for-one basis. The record date of the forward split will be May 14, 2018.

Management of the company believes that the forward split will provide increased liquidity to shareholders and flexibility to seek additional financing opportunities and/or to pursue strategic transactions.

The forward split will result in the company's current issued and outstanding share capital of 8,646,000 shares, as of the date of this news release, being increased to 17,292,000 issued and outstanding shares. The forward split is being conducted on a push-out basis. The company's Cusip number and trading symbol will remain the same.

Shareholders of the company do not need to take any action with respect to the forward split. The company's transfer agent will send registered shareholders a share certificate representing the additional number of shares to be received as a result of the forward split.

We seek Safe Harbor.

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