07:28:38 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Right Season Investments Corp
Symbol LITT
Shares Issued 158,406,932
Close 2023-09-07 C$ 0.035
Market Cap C$ 5,544,243
Recent Sedar Documents

Right Season to seek holder OK for 1:70 share rollback

2023-09-07 18:50 ET - News Release

Mr. Tyler Lewis reports

RIGHT SEASON ANNOUNCES PROPOSED SHARE CONSOLIDATION

Right Season Investments Corp. intends to complete a consolidation of its issued and outstanding common shares on the basis of one new common share for every 70 currently outstanding common shares or such lesser ratio as the board of directors of the company may determine appropriate at its sole discretion.

The company will seek to obtain approval from the company's shareholders for the consolidation at its annual general and special meeting to be held on Oct. 20, 2023.

The company is undertaking the consolidation to reduce the number of shares outstanding to increase the share price, which will allow the company to attract additional investors who have minimum share price thresholds for equity investments.

The company currently has 158,406,932 shares issued and outstanding, and immediately following the consolidation will have approximately 2,262,956 shares outstanding.

The company does not intend to change its name or its current trading symbol in connection with the proposed consolidation.

The effective date and further details of the consolidation, subject to approval of the shareholders and TSX Venture Exchange acceptance, will be announced in a subsequent news release.

No fractional shares will be issued under the consolidation. Letters of transmittal with respect to the consolidation will be mailed to all shareholders prior to the issuance of the TSX-V's bulletin accepting the consolidation.

About Right Season Investments Corp.

Right Season is a Canadian venture capital, investment and advisory firm that strives to actively drive innovation and accelerate growth for its shareholders. Right Season invests capital into private and public companies that offer excellent growth opportunities.

We seek Safe Harbor.

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