Mr. Alisher Ali reports
SILK ROAD FINANCE INC. (FORMERLY SILK ROAD VENTURES LTD.)
ANNOUNCES SHARE CONSOLIDATION AND NAME CHANGE
Silk Road Ventures Ltd. has changed its name, and will consolidate its issued and outstanding common shares on a 1:10 basis as authorized by
its shareholders at the annual general and special meeting held on Nov. 25, 2014, and the
directors of the company.
The company has changed its name to Silk Road Finance Inc.
The company currently has 61,929,026 common shares issued and outstanding, and will have
6,192,902 common shares issued and outstanding following the consolidation, subject to
rounding down of fractional shares. The company has no warrants or stock options issued. The
consolidation is being effected to make the company more attractive to investors.
Dec. 4, 2014, is the proposed record date for the share consolidation. The stock symbol
will not be changed.
Following the share consolidation, the company's shares will have the following Cusip and
ISIN numbers:
Cusip: 82709W101
ISIN: CA 82709W1014
No fractional shares will be issued as a result of the consolidation. Where the exchange results
in a fractional share, the number of common shares will be rounded down to the nearest whole
common share.
Registered shareholders of the company will receive the letter of transmittal containing
instructions on how to obtain postconsolidation DRS statements/certificates by mail. The letter
of transmittal will be posted on SEDAR and the website of the Canadian Securities Exchange under the profile of the
company.
© 2024 Canjex Publishing Ltd. All rights reserved.