02:41:25 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Gold Ridge Exploration Corp
Symbol GEA
Shares Issued 43,207,000
Close 2016-07-28 C$ 0.08
Market Cap C$ 3,456,560
Recent Sedar Documents

Gold Ridge Exploration awaits TSX-V rollback approval

2016-07-28 17:55 ET - News Release

Mr. Jeff Decter reports

CORPORATE UPDATE

Gold Ridge Exploration Corp. shareholders, pursuant to the corporation's annual general and special meeting of shareholders held on June 1, 2016, approved, among other things, a one-for-five (1:5) consolidation of the corporation's common shares. The corporation has submitted all applicable documents to the TSX Venture Exchange and the common shares will be posted for trading on a consolidated basis once the TSX-V approves the consolidation, which is expected to occur shortly. In accordance with the share consolidation, shareholders of the corporation will be entitled to receive one postconsolidation common share of the corporation (new share) for every five preconsolidation common shares of the corporation (old shares) currently held. The corporation currently has 43,207,000 common shares issued and outstanding and will have 8,641,400 postconsolidation common shares issued and outstanding.

The corporation also announces that it proposed to change the name of the corporation to "GEA Technologies Ltd." concurrently with the share consolidation. Further details regarding the trading symbol will be issued if the symbol changes.

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