20:43:29 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



Silk Road Ventures Ltd
Symbol SFA
Shares Issued 61,929,026
Close 2014-11-27 C$ 0.19
Market Cap C$ 11,766,515
Recent Sedar Documents

Silk Road Ventures changes name, to consolidate 1:10

2014-11-28 17:33 ET - News Release

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.

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