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Enter Symbol
or Name
USA
CA



Wabi Exploration Inc
Symbol WAB
Shares Issued 18,833,699
Close 2014-10-31 C$ 0.01
Market Cap C$ 188,337
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Wabi to remove holdings of fewer than 500 shares

2014-11-28 13:19 ET - News Release

Mr. James Brady reports

WABI EXPLORATION INC. ANNOUNCES AMENDMENT TO ARTICLES TO ELIMINATE SMALL SHAREHOLDINGS

Wabi Exploration Inc. will effectuate a consolidation and stock split of its issued share capital, the implementation of which will result in the elimination of all shareholdings of less than 500 shares. This transaction was approved by the shareholders of the company at its annual and special meeting of shareholders held on Nov. 17, 2014.

The shareholdings of less than 500 shares will be eliminated through a consolidation of the common shares on a 1-for-500 basis effective at 12:01 a.m. on Sunday, Nov. 30, 2014, the cancellation of fractional shares and the subsequent split of the remaining shares on a 500-for-1 basis effective at 12:01 a.m. on Monday, Dec. 1, 2014. Shareholders who hold 500 shares or more will see no change in the number of shares held by such shareholder.

As of Dec. 1, 2014, there will be 18,994,613 common shares of the company issued and outstanding, following the consolidation and split.

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