Mr. Clive Massey reports
TASCA ANNOUNCES PROPOSED NAME CHANGE AND 2:1 SHARE CONSOLIDATION
Tasca Resources Ltd.'s board of directors has approved resolutions to change the company's name in conjunction with its proposed consolidation announced on Feb. 20, 2019.
As the company currently has 51,944,542 common shares outstanding, it expects that it will have approximately 25,972,271 common shares outstanding after the consolidation.
The proposed consolidation and name change are subject to TSX Venture Exchange acceptance. The company will also be seeking a new trading symbol.
The board of directors believes that the restructuring of the company's shares will help to facilitate a future raise of capital.
We seek Safe Harbor.
© 2021 Canjex Publishing Ltd. All rights reserved.