Mr. Ken Booth reports
GITENNES ANNOUNCES EFFECTIVE DATE OF CONSOLIDATION NEW ISIN AND CUSIP NUMBERS
Gitennes Exploration Inc., further to a news release dated June 29, 2020, and subject to final acceptance by the TSX Venture Exchange,
has approved the consolidation of its issued and outstanding common shares on the
basis of one postconsolidation share for every 10 preconsolidation shares. The company anticipates that the shares will begin trading on a postconsolidation basis, effective market open on July 15, 2020.
As of the date of this news release, the company has 105,994,135 shares issued and outstanding and the company expects that it will have approximately 10,599,434 shares issued and outstanding on a postconsolidation basis. The company's new Cusip number and ISIN for the shares will be 37636Q205 and CA37636Q2053, respectively.
Registered shareholders will receive a letter of transmittal from Computershare Investor Services Inc., the transfer agent for the shares, describing the process by which shareholders may obtain new certificates representing their postconsolidation shares. Shares held in uncertificated form by non-registered shareholders through brokerage accounts will be converted through each shareholder's brokerage accounts. Non-registered shareholders should consult their broker for further information.
About Gitennes Exploration Inc.
Gitennes is in the business of exploring for and advancing mineral properties with a focus on high-grade gold. The company currently owns the high-grade-gold Snowbird exploration property in British Columbia and a 1-per-cent net smelter return royalty on the 18-million-ounce Urumalqui silver project in Peru.
We seek Safe Harbor.
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