10:21:25 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Wescan Goldfields Inc (2)
Symbol WGF
Shares Issued 50,084,320
Close 2023-06-19 C$ 0.04
Market Cap C$ 2,003,373
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Wescan Goldfields proposes rollback, name change

2023-06-29 17:50 ET - News Release

Mr. Ken MacNeill reports

WESCAN TO SEEK APPROVAL OF PROPOSED SHARE CONSOLIDATION AND NAME CHANGE

Wescan Goldfields Inc. intends to seek the approval of shareholders at an annual general and special meeting to be held on July 26, 2023, to consolidate all outstanding common shares in the capital of the corporation. The approval sought will be for the consolidation of the common shares on a ratio not greater than one new share for 10 old shares, with such ratio to be determined by the board of directors of Wescan.

The proposed consolidation is subject to shareholder approval and supporting documentation being accepted for filing by the TSX Venture Exchange. In conjunction with the proposed consolidation, Wescan also intends to seek the approval of shareholders to change of the name of the corporation to such name as the corporation's board, in its sole discretion, determines.

Wescan is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Common shares trade on the TSX Venture Exchange under the trading symbol WGF.

We seek Safe Harbor.

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