15:03:57 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Cordoba Minerals Corp
Symbol CDB
Shares Issued 117,624,206
Close 2014-04-22 C$ 0.40
Market Cap C$ 47,049,682
Recent Sedar Documents

Cordoba Minerals to roll back shares 1:2

2014-04-23 13:57 ET - News Release

Mr. Mario Stifano reports

CORDOBA MINERALS TO FILE FOR TSX-V APPROVAL OF A 2:1 SHARE CONSOLIDATION

Cordoba Minerals Corp. will immediately be seeking TSX Venture Exchange approval of the consolidation of the company's issued and outstanding share capital. The currently outstanding common shares of Cordoba will be consolidated on the basis of one new common share for two existing common shares. In the event that the number of existing common shares held by a shareholder is not evenly divisible by two, the number of postconsolidation common shares issued to such shareholder shall be rounded up to the next greater whole number if the fractional entitlement is equal to or greater than 0.5, and shall be rounded down to the next lesser whole number if the fractional entitlement is less than 0.5.

The proposed consolidation was unanimously approved at the company's special meeting of shareholders held on March 25, 2014, subject to implementation at the discretion of the board of directors. The consolidation was proposed as part of the transaction agreement whereby Cordoba acquired, by way of plan of arrangement, all of the issued and outstanding common shares of Sabre Metals Inc., and all of the issued and outstanding common shares of Cordoba Holdings Corp. it did not already own, and the board has now decided to proceed with the consolidation.

We seek Safe Harbor.

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