Mr. Patricio Varas reports
NORDEN CROWN ANNOUNCES SHARE CONSOLIDATION EFFECTIVE DATE AND CONFIRMS CLOSING OF PRIVATE PLACEMENT
Norden Crown Metals Corp. has received approval from the TSX Venture Exchange to complete the consolidation of the issued and outstanding common shares of the company on the basis of one new consolidated common share for three existing common shares, and the company has closed into escrow its previously announced non-brokered private placement.
Further to the news release of April 22, 2021, the company has received TSX-V approval to complete the consolidation. The consolidation will be effective at market open on June 23, 2021. The company will not change its name as part of the consolidation but will issue new share certificates under a new Cusip number.
The company's common shares will continue to trade on the TSX-V under its current symbol, NOCR.
The company has also closed the private placement into escrow, with the securities to be issued under the private placement to be issued on a postconsolidation basis on the effective date.
About Norden Crown Metals Corp.
Norden Crown is a mineral exploration company focused on the discovery of silver, zinc, copper and gold deposits in exceptional, historical mining project areas spanning Sweden and Norway. The company aims to discover new economic mineral deposits in known mining districts that have seen little or no modern exploration techniques. The company is led by an experienced management team and an accomplished technical team, with successful records in mineral discovery, mining development and financing.
We seek Safe Harbor.
© 2021 Canjex Publishing Ltd. All rights reserved.